Residential Lot with Approved
For Sale
$110,000
507 East 38th Street, Houston, TX 77022
3,000 SF lot with approved plans in Independence Heights.
Property Size2,229 SF
Lot Size0.07 Acres
Price / SF$49.35
Days on Market79
Property Features for 507 East 38th Street
General Information
Standard status
Active
Size
2,229 SF
Lot size
0.07 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$1,826
Amenities
No
Listing Agency:
Texcel Real Estate, LLC
(832) 523-2077
Listed By:
Kimberly Hernandez · License #0638561
(832) 523-2077
Source:
Compass
Added: May 22
Changed: Aug 8
Last Checked: Jul 16 at 3:30AM
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 Texcel Real Estate, LLC
Investment Insights
Based on property information with market context.
This is an exceptional opportunity to purchase a 3,000 square foot residential lot with City of Houston approved stamped plans already completed. This accelerates the building process and reduces pre-construction timelines. The plans, designed by Draft House Design Studio, include a modern two-story home featuring approximately 2,229 square feet of total living area, 3 bedrooms, and 2.5 bathrooms with an attached garage and contemporary exterior design. An approved Flood Plain Management Office permit and Development Permit #25-0492 (REV approved 2/19/2026) are in place. Located in the rapidly developing Independence Heights area with convenient access to I-10, this lot is ideal for builders seeking a shovel-ready project. The lot has already been cleared and is ready for development. Two new construction homes are currently being built on the neighboring lots, highlighting the continued growth and redevelopment happening in the area. Plans and additional development information are available upon request.
Key Highlights
- City of Houston approved stamped plans included, accelerating building process.
- Shovel‑ready 3,000 SF lot, already cleared for development.
- Modern two‑story home design by Draft House Design Studio (2,229 SF living area, 3 bedrooms, 2.5 bathrooms, attached garage).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Explore this area
Business Placement
Demographics for 77022, TX
28,748
Population
10,717
Households
2.7
Avg Household Size
35
Median Age
13%
College-Educated
63%
High-School Grad
5.8 sq mi
ZIP Area
4,957
Density / Sq Mi
$48,386
Median Household Income
$28,877
Median Earnings
$1,047
Median Rent
$197,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 3,000 SF lot with approved plans in Independence Heights.
Where is this residential land & home lot located?
The property is located at 507 East 38th Street Houston, TX.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: City of Houston approved stamped plans included, accelerating building process.; Shovel‑ready 3,000 SF lot, already cleared for development.; Modern two‑story home design by Draft House Design Studio (2,229 SF living area, 3 bedrooms, 2.5 bathrooms, attached garage).
