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Cleared Land Ready for Development
For Sale
$2,350,000

00 Louetta Road, Spring, TX 77388

Six-acre tract with engineered plans for 140-unit apartment complex.

Days on Market418

Property Features for 00 Louetta Road

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $14,302
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES PREMIER PROPERTIES
Listed By: RACHEL ROST
Source: Corcoran
Added: Jun 11, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY HOMESERVICES PREMIER PROPERTIES

Investment Insights

Based on property information with market context.

This cleared six-acre tract of land presents a development opportunity with fully engineered plans for a four-story, 140-unit apartment complex. The site is prepped with a silt fence already installed. The property is ready for immediate action, with plans designed to meet modern residential needs. It is located in a prime area with convenient access to major highways, shopping, dining, and employment centers. The property features a design, including site layout and landscaping. This project represents an opportunity to enter or expand within the multi-family market. The property is located at the corner of Louetta Road and Mirror Lake.

Key Highlights

  • Fully engineered plans for a 140‑unit apartment complex included.
  • Cleared and prepped six‑acre tract with silt fence installed.
  • Prime location with convenient access to major highways, shopping, dining, and employment centers.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Law Firm Skin Care Clinic Veterinary Clinic Food Market Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

621
Businesses Nearby

Demographics for 77388, TX

51,483
Population
18,924
Households
2.7
Avg Household Size
37
Median Age
34%
College-Educated
92%
High-School Grad
13.4 sq mi
ZIP Area
3,842
Density / Sq Mi
$101,588
Median Household Income
$53,925
Median Earnings
$1,809
Median Rent
$264,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Six-acre tract with engineered plans for 140-unit apartment complex.
Where is this commercial land located?
The property is located at 00 Louetta Road Spring, TX.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Fully engineered plans for a 140‑unit apartment complex included.; Cleared and prepped six‑acre tract with silt fence installed.; Prime location with convenient access to major highways, shopping, dining, and employment centers.
More about this property
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