Search
Residential Development Lot
For Sale
$500,000

00 Penrod Street, Houston, TX 77028

Build or develop in an established Houston neighborhood with no HOA restrictions and utilities available nearby.

Property SizeContact for details
Days on Market62

Property Features for 00 Penrod Street

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $5,013

Amenities

Corner Lot
Wooded
Listing Agency: FIRST CLASS REALTORS
Listed By: DAVID COLE · License #0444240
Source: Corcoran
Added: Jun 8 Changed: Aug 8 Last Checked: Jul 16 at 7:05AM

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 FIRST CLASS REALTORS

Investment Insights

Based on property information with market context.

This listing is for a residential land lot with the flexibility to support a range of plans, including new construction, rental development, or a long-term hold. The property is located in an established neighborhood and is presented as having no HOA restrictions, which can allow for broader design and use considerations compared with HOA-governed sites. Utilities are available nearby, helping support feasibility for future development.

The lot is positioned with convenient access to major roadways and is described as being within reach of downtown Houston and local amenities. While specific frontage, utility details, or parcel dimensions are not provided here, the offering is framed as a straightforward land opportunity for builders and investors who want a site in the Houston area.

For tenants, buyers, and developers, this land can fit teams looking to assemble a project around a buildable site without HOA constraints. It may also be of interest to investors evaluating rental or long-term ownership strategies where they can control the future improvements. If you’re considering construction or development, confirming site requirements and utility availability details during due diligence will be an important next step.

Key Highlights

  • Houston, TX property in an established neighborhood with no HOA restrictions
  • No HOA restrictions allow flexibility for build or redevelopment options
  • Utilities are available nearby

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Electrical Service

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

276
Businesses Nearby

Demographics for 77028, TX

18,701
Population
7,102
Households
2.6
Avg Household Size
35
Median Age
8%
College-Educated
69%
High-School Grad
9.1 sq mi
ZIP Area
2,055
Density / Sq Mi
$36,244
Median Household Income
$28,099
Median Earnings
$1,115
Median Rent
$108,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build or develop in an established Houston neighborhood with no HOA restrictions and utilities available nearby.
Where is this residential land & home lot located?
The property is located at 00 Penrod Street Houston, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Houston, TX property in an established neighborhood with no HOA restrictions; No HOA restrictions allow flexibility for build or redevelopment options; Utilities are available nearby
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message