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Commercial Development Land Lot
For Sale
$450,000

7902 Lockwood Dr, Houston, TX 77016

A 1-acre lot at a high-traffic intersection with zoning capacity for up to 18 single-family homes.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market68

Property Features for 7902 Lockwood Dr

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Land

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $2,431
Listing Agency: White House Global Properties
Listed By: Manuel Martinez · License #0733169
Source: Elliman
Added: Jun 3 Changed: Aug 8 Last Checked: Jul 15 at 10:53PM

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 White House Global Properties

Investment Insights

Based on property information with market context.

This is a 1-acre commercial development land lot positioned for flexible future use, with zoning that allows for up to 18 single-family homes. The property is being marketed as a development site with the ability to support either residential or commercial development concepts, depending on the buyer’s plan.

The lot sits at the high-traffic intersection of Lockwood Drive and Crosstimbers Street, supporting visibility and straightforward access. The remarks also note proximity to major roads and utilities, factors that can help streamline planning and development for an operator or developer.

For developers and investors, the site’s zoning capacity for up to 18 single-family homes may support a multi-home residential project, while the overall positioning at a busy intersection may also suit commercial development planning subject to approvals. As with any development property, prospective buyers should confirm the specific permitted uses and development requirements directly with the applicable authorities before moving forward.

Key Highlights

  • 1‑acre lot at the intersection of Lockwood Drive and Crosstimbers Street
  • High‑traffic corner location with visibility and accessibility
  • Zoning allows for up to 18 single‑family homes

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

672
Businesses Nearby

Demographics for 77016, TX

29,966
Population
11,131
Households
2.7
Avg Household Size
37
Median Age
11%
College-Educated
75%
High-School Grad
9.9 sq mi
ZIP Area
3,027
Density / Sq Mi
$46,411
Median Household Income
$30,510
Median Earnings
$1,163
Median Rent
$111,900
Median Home Value
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?
Residential land & home lot - A 1-acre lot at a high-traffic intersection with zoning capacity for up to 18 single-family homes.
Where is this residential land & home lot located?
The property is located at 7902 Lockwood Dr Houston, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1‑acre lot at the intersection of Lockwood Drive and Crosstimbers Street; High‑traffic corner location with visibility and accessibility; Zoning allows for up to 18 single‑family homes
More about this property
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