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Adjacent Residential Land Lots
For Sale
$115,000

301 East 38th Street, Houston, TX 77018

Two adjacent lots offer flexibility for builders and investors seeking separate or combined development options.

Property SizeContact for details
Days on Market155

Property Features for 301 East 38th Street

General Information

Standard status Active
Property subtype Land

Site & Location

Neighborhood Independence Heights Civic Association

Amenities

No
Listing Agency: Adaptive Real Estate
Listed By: Cruz Sanchez · License #0642173
Source: Compass
Added: May 26 Changed: Oct 25 Last Checked: Oct 26 at 7:18PM

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 Adaptive Real Estate

Rey
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Investment Insights

Based on property information with market context.

This offering includes two adjacent residential lots at 301–303 East 38th Street. The parcels may be sold separately or together, giving buyers the flexibility to pursue an individual-lot plan or a combined development approach. The property is presented as an investment opportunity suitable for rental-income scenarios, renovation, or new construction.

The lots are located at 301 E 38th and 303 E 38th. Please note showing and access instructions: do not attempt to enter 303 E 38th Street. Showings for 301 E 38th require approval from the agent or seller and coordination with the tenant.

For investors, builders, and developers, the primary advantage is choice in how to assemble the site for future plans. Buyers who want to limit scope can consider acquiring one lot, while those looking for a larger footprint can evaluate purchasing both parcels together. The seller’s structure also supports a range of timeline and budget strategies, including phased development or single-property renovations.

Key Highlights

  • Two adjacent lots totaling approx. 6,500 SF (301 E 38th and 303 E 38th).
  • Lot sizes: 301 E 38th approx. 3,000 SF and 303 E 38th approx. 3,500 SF.
  • Pricing listed as $115k for 301 E 38th and $85k for 303 E 38th.

Property Analytics

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Suggested Use

Top Pick Daycare Center Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Butcher Bed & Breakfast

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

1,993
Businesses Nearby

Demographics for 77018, TX

27,870
Population
13,335
Households
2.1
Avg Household Size
38
Median Age
60%
College-Educated
92%
High-School Grad
6.8 sq mi
ZIP Area
4,099
Density / Sq Mi
$121,658
Median Household Income
$75,487
Median Earnings
$1,256
Median Rent
$543,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent lots offer flexibility for builders and investors seeking separate or combined development options.
Where is this residential land & home lot located?
The property is located at 301 East 38th Street Houston, TX.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Two adjacent lots totaling approx. 6,500 SF (301 E 38th and 303 E 38th).; Lot sizes: 301 E 38th approx. 3,000 SF and 303 E 38th approx. 3,500 SF.; Pricing listed as $115k for 301 E 38th and $85k for 303 E 38th.
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