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Residential Development Lot with Slab
For Sale
$130,000

514 E 31st Street, Houston, TX 77018

Development lot includes an existing foundation slab and previously approved townhome plans.

Property SizeContact for details
Days on Market53

Property Features for 514 E 31st Street

General Information

Standard status Active
Property subtype Lots

Taxes and HOA fees

Annual Taxes $1,785
Listing Agency: Smart City Realty
Listed By: Vu Luong · License #0615988
Source: Greenwoodking
Added: Jul 19 Changed: Sep 7 Last Checked: Sep 8 at 11:32AM

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 Smart City Realty

Investment Insights

Based on property information with market context.

This for-sale residential development lot includes an existing foundation slab from a previously planned townhome development. Approved townhome plans are available and can be included with the sale, offering a head start for future development.

The property is located at 514 East 31st Street, positioned between the I-610 feeder and E 31st St, providing access to Downtown, The Heights, Garden Oaks, and major freeways. Public remarks note surrounding new construction and ongoing redevelopment, with no HOA cited for the site.

The site is being offered at lot value and is approximately 3,000 square feet, suited for buyers looking to proceed with the included townhome plans or adapt the existing foundation for a compatible infill project.

Key Highlights

  • Development lot at 514 E 31st St: approximately 3,000 sq. ft.
  • Includes an existing foundation slab from a previously planned townhome development.
  • Previously approved townhome plans are available and can be included with the sale.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Accounting Firm (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Acupuncture

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

2,165
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development lot includes an existing foundation slab and previously approved townhome plans.
Where is this residential land & home lot located?
The property is located at 514 E 31st Street Houston, TX.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Development lot at 514 E 31st St: approximately 3,000 sq. ft.; Includes an existing foundation slab from a previously planned townhome development.; Previously approved townhome plans are available and can be included with the sale.
More about this property
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