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Development Opportunity in Houston
For Sale
$389,000

2019 Ellington Street, Houston, TX 77088

Cleared lot with approved plans for a 16-unit apartment complex.

Property SizeContact for details
Days on Market446

Property Features for 2019 Ellington Street

General Information

Standard status Active
Property subtype Land

Site & Location

Neighborhood Acres Home

Amenities

Cleared,Interior Lot
Other
41848
0.9607
Appraiser
Concrete
Listing Agency: Walzel Properties - Corporate Office
Listed By: Westley Edmondson
Source: Garygreene
Added: Aug 5, 2025 Changed: Oct 23 Last Checked: Oct 23 at 6:24AM

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 Walzel Properties - Corporate Office

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Investment Insights

Based on property information with market context.

This cleared lot presents an incredible development opportunity in Houston's 77088 area. Approved plans are included for a 16-unit apartment complex, consisting of two buildings each containing 8 units. The property is surrounded by new residential construction and is located minutes from I-45, Downtown Houston, and major transit routes. This location is positioned for strong rental demand. It is suited for developers or investors seeking multifamily potential in an appreciating area. Utilities are available, but the buyer is responsible for verification. This shovel-ready project includes plans in hand.

Key Highlights

  • Approved plans for a 16‑unit apartment complex (two 8‑unit buildings) included.
  • Shovel‑ready project, saving time and allowing for immediate construction.
  • Prime location in Houston's 77088 area, experiencing growth and new residential construction.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Building Supply Nail Salon

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

233
Businesses Nearby

Demographics for 77088, TX

54,320
Population
18,500
Households
2.9
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
11.1 sq mi
ZIP Area
4,894
Density / Sq Mi
$52,549
Median Household Income
$32,015
Median Earnings
$1,177
Median Rent
$173,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Cleared lot with approved plans for a 16-unit apartment complex.
Where is this commercial land located?
The property is located at 2019 Ellington Street Houston, TX.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Approved plans for a 16‑unit apartment complex (two 8‑unit buildings) included.; Shovel‑ready project, saving time and allowing for immediate construction.; Prime location in Houston's 77088 area, experiencing growth and new residential construction.
More about this property
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