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Third Ward Development Opportunity
For Sale
$159,000

3212 Mcilhenny Street, Houston, TX 77004

5,000 sq ft lot in Houston's Historic Third Ward.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market202

Property Features for 3212 Mcilhenny Street

General Information

Standard status Active
Lot size 0.11 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $3,808

Amenities

Partially Wooded
Cleared,Interior Lot
Public
5000
0.1148
Appraiser
Listing Agency: 1st Texas Realty Services
Listed By: Lisa Hanley
Source: Garygreene
Added: Mar 5 Changed: Sep 21 Last Checked: Sep 22 at 2:05PM

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 1st Texas Realty Services

Investment Insights

Based on property information with market context.

Located in Houston's Historic Third Ward, this 5,000 square foot lot presents a development opportunity within a growing market. The property is situated in proximity to Downtown, the Medical Center, the University of Houston/Texas Southern University, the Museum District, and major highways. The location also offers walking distance access to Metro Rail and bus stops. The absence of deed restrictions allows for building flexibility.

Key Highlights

  • Prime location in Houston's Historic Third Ward, a rapidly developing area
  • Large 5,000 sq ft lot suitable for development
  • Proximity to Downtown, Medical Center, UH/TSU, and Museum District

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Acupuncture Furniture & Home Goods Kitchen & Bath Showroom Veterinary Clinic

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

776
Businesses Nearby

Demographics for 77004, TX

37,005
Population
18,321
Households
2
Avg Household Size
31
Median Age
57%
College-Educated
96%
High-School Grad
5.2 sq mi
ZIP Area
7,116
Density / Sq Mi
$65,901
Median Household Income
$55,909
Median Earnings
$1,320
Median Rent
$384,100
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 - 5,000 sq ft lot in Houston's Historic Third Ward.
Where is this residential land & home lot located?
The property is located at 3212 Mcilhenny Street Houston, TX.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Prime location in Houston's Historic Third Ward, a rapidly developing area; Large 5,000 sq ft lot suitable for development; Proximity to Downtown, Medical Center, UH/TSU, and Museum District
More about this property
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