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Shovel-Ready Builder Opportunity Near Loop
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5037 Paula St, Houston, TX 77033

Four replatted lots ready for immediate construction near Downtown Houston.

Property SizeContact for details
Days on Market194

Property Features for 5037 Paula St

General Information

Standard status Active
Property subtype Land
Listing Agency: Myhan Realty
Listed By: Kate Myhan · License #TX 719484
Source: Crexi
Added: Jan 27 Changed: Aug 8 Last Checked: Jul 16 at 12:27PM

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 Myhan Realty

Investment Insights

Based on property information with market context.

This is a rare builder opportunity featuring four replatted lots in a fast-growing infill pocket near Loop 610, minutes from Downtown Houston, the Medical Center, and the University of Houston. Surrounded by active new construction, this project is fully de-risked with a completed replat, survey, soil test, plan & profile, civil, architectural, and structural plans, plus approved City of Houston permits. Public utilities are already in place, allowing construction to start immediately. The approved concept allows for four modern two-story homes (approximately 1,834–1,844 SF, 3 bedrooms, 2.5 baths, front-loading garages), with flexibility to customize or build on individual lots. Located within an Opportunity Zone, this project offers potential tax advantages for investors. This is a true turnkey infill project with strong upside in a high-demand submarket.

Key Highlights

  • Shovel‑ready: All permits are approved and public utilities are in place.
  • Fully de‑risked: Replat, survey, soil test, plan & profile, civil, architectural, and structural plans are completed.
  • Prime Location: Situated in a fast‑growing infill pocket near Loop 610, minutes from Downtown Houston, the Medical Center, and the University of Houston.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Dental Office 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

454
Businesses Nearby

Demographics for 77033, TX

28,369
Population
10,228
Households
2.8
Avg Household Size
36
Median Age
9%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
4,977
Density / Sq Mi
$37,081
Median Household Income
$28,459
Median Earnings
$1,204
Median Rent
$98,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Four replatted lots ready for immediate construction near Downtown Houston.
Where is this residential land & home lot located?
The property is located at 5037 Paula St Houston, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Shovel‑ready: All permits are approved and public utilities are in place.; Fully de‑risked: Replat, survey, soil test, plan & profile, civil, architectural, and structural plans are completed.; Prime Location: Situated in a fast‑growing infill pocket near Loop 610, minutes from Downtown Houston, the Medical Center, and the University of Houston.
(713) 855-0588 Call to check price and availability
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