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Shovel-Ready Three-Unit Development Opportunity
For Sale
$238,000

4309 Ward Street, Houston, TX 77021

Fully approved development project in Houston's South Union neighborhood.

Property SizeContact for details
Days on Market486

Property Features for 4309 Ward Street

General Information

Standard status Active
Listing Agency: NEW AGE
Listed By: ASHWIN KEWALRAMANI · License #0700464
Source: Corcoran
Added: May 1, 2025 Changed: Mar 16 Last Checked: Aug 29 at 9:44AM

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 NEW AGE

Investment Insights

Based on property information with market context.

This is a shovel-ready project located in the South Union neighborhood. The property is a three-unit community with fully approved plans, ready for immediate development. The plans were drafted by a new construction architect in Houston. This project is positioned to deliver success for developers looking to expand their portfolio and capitalize on the momentum in South Union.

Key Highlights

  • Shovel‑ready project with fully approved plans for a three‑unit community, allowing for immediate development.
  • Located in South Union, a fast‑growing neighborhood with strong demand for new home sales.
  • Plans drafted by a major new construction architect in Houston.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Gym & Fitness Center

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

550
Businesses Nearby

Demographics for 77021, TX

28,055
Population
12,819
Households
2.2
Avg Household Size
36
Median Age
34%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,599
Density / Sq Mi
$45,034
Median Household Income
$38,041
Median Earnings
$1,193
Median Rent
$203,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Fully approved development project in Houston's South Union neighborhood.
Where is this triplex located?
The property is located at 4309 Ward Street Houston, TX.
What is the asking price?
The asking price for this property is $238,000.
What are key features of this property?
This property features: Shovel‑ready project with fully approved plans for a three‑unit community, allowing for immediate development.; Located in South Union, a fast‑growing neighborhood with strong demand for new home sales.; Plans drafted by a major new construction architect in Houston.
More about this property
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