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Residential Development Land Parcel
For Sale
$1,000,000

516 Martin Street, Houston, TX 77018

Nearly one-acre residential development land in Houston’s 77018 area with access to major highways.

Property SizeContact for details
Days on Market166

Property Features for 516 Martin Street

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $11,014

Amenities

No
Security Gate
Listing Agency: Womack Development & Investment Realtors
Listed By: Jordan Jennings · License #0669630
Source: Compass
Added: Feb 23 Changed: Aug 8 Last Checked: Mar 25 at 1:46PM

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 Womack Development & Investment Realtors

Investment Insights

Based on property information with market context.

This for-sale residential development land parcel offers nearly one acre of space at 516 Martin Street in Houston’s 77018 submarket. The property is positioned along the Garden Oaks/Oak Forest corridor where redevelopment activity has been ongoing, and the lot size provides flexibility for planning future residential projects.

The site is described as having excellent access to Loop 610, Highway 290, and I-45, placing it within minutes of The Heights and Downtown Houston, along with major employment centers. That connectivity supports continued interest from buyers looking to capitalize on the area’s growth and new construction.

The property is noted as suitable for multiple single-family home sites or a potential small residential development, subject to city approvals.

Key Highlights

  • Nearly one acre of residential development land in Houston’s 77018 area
  • Land offers flexibility for development, including multiple single‑family home sites or potential small residential development (subject to city approvals)
  • Property includes a security gate

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Nail Salon Spa & Massage Center

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

748
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 - Nearly one-acre residential development land in Houston’s 77018 area with access to major highways.
Where is this residential land & home lot located?
The property is located at 516 Martin Street Houston, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Nearly one acre of residential development land in Houston’s 77018 area; Land offers flexibility for development, including multiple single‑family home sites or potential small residential development (subject to city approvals); Property includes a security gate
More about this property
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