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Development Opportunity in Houston
For Sale
$415,000

7048 Navigation Boulevard, Houston, TX 77011

Four subdivided lots ready for immediate construction of multifamily properties.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market394

Property Features for 7048 Navigation Boulevard

General Information

Standard status Active
Lot size 0.05 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,338

Amenities

Corner Lot
Cleared
Listing Agency: TEXAS PREMIER REALTY
Listed By: DIMAS GOMEZ
Source: Corcoran
Added: Jul 12, 2025 Changed: Aug 8 Last Checked: Jul 16 at 4:51AM

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 TEXAS PREMIER REALTY

Investment Insights

Based on property information with market context.

This property presents a development opportunity in Houston, featuring four subdivided lots. Each lot measures approximately 2,280 square feet, suitable for the immediate construction of duplex or multifamily properties. The site benefits from a corner location with high visibility in a high-traffic commercial area, offering accessibility and exposure. The property is suitable for a small business, apartment complex, duplexes, or single-family homes.

Key Highlights

  • Four subdivided lots ready for immediate construction.
  • Located on a highly visible corner in a high‑traffic commercial area.
  • Suitable for duplex or multifamily properties.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Bakery 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

674
Businesses Nearby

Demographics for 77011, TX

16,841
Population
7,366
Households
2.3
Avg Household Size
37
Median Age
10%
College-Educated
59%
High-School Grad
3.4 sq mi
ZIP Area
4,953
Density / Sq Mi
$49,163
Median Household Income
$36,517
Median Earnings
$1,063
Median Rent
$187,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Four subdivided lots ready for immediate construction of multifamily properties.
Where is this commercial land located?
The property is located at 7048 Navigation Boulevard Houston, TX.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Four subdivided lots ready for immediate construction.; Located on a highly visible corner in a high‑traffic commercial area.; Suitable for duplex or multifamily properties.
More about this property
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