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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 Market278

Property Features for 5037 Paula St

General Information

Standard status Active
Property subtype Land

Site & Location

Neighborhood South Park
Listing Agency: Myhan Realty
Listed By: Kate Myhan · License #TX 719484
Source: Crexi
Added: Jan 27 Changed: Oct 30 Last Checked: Nov 1 at 3:18AM

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

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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

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 Parking Lot & Garage 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

494
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
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 - 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 $199,900.
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 · Office Call to check price and availability
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