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Residential Redevelopment Lot Opportunity
For Sale
$380,000

8542 Highcrest Dr, Houston, TX 77055

Redevelopment-focused residential lot sold primarily for lot value in Houston’s Spring Branch area.

Property SizeContact for details
Days on Market24

Property Features for 8542 Highcrest Dr

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $7,280
Listing Agency: The Vincere Group LLC
Listed By: Ngoc Cindie Huynh · License #0722034
Source: Elliman
Added: Jul 16 Changed: Aug 8 Last Checked: Jul 16 at 2:11AM

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 The Vincere Group LLC

Investment Insights

Based on property information with market context.

This offering is for a residential land lot positioned for redevelopment, with the property being sold primarily for lot value. The approximately 7,900 SF site is described as suitable for builders, investors, or buyers looking to create a custom luxury home.

The location is in Houston’s Spring Branch area, with stated convenient access to I-10, Beltway 8, Memorial City, CityCentre, the Energy Corridor, Downtown Houston, and The Galleria. The area is also described as near parks, shopping, and dining.

The surrounding area is characterized in the remarks as experiencing redevelopment activity, with new custom-built luxury homes in the vicinity.

Key Highlights

  • Approximately 7,900 SF lot in Houston’s Spring Branch area, sold primarily for lot value.
  • Redevelopment opportunity near recently built custom luxury homes in the area.
  • Convenient access to I‑10, Beltway 8, Memorial City, CityCentre, the Energy Corridor, Downtown Houston, and The Galleria.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Acupuncture Butcher Home Appliance Store

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

1,351
Businesses Nearby

Demographics for 77055, TX

42,766
Population
17,845
Households
2.4
Avg Household Size
35
Median Age
40%
College-Educated
78%
High-School Grad
8.4 sq mi
ZIP Area
5,091
Density / Sq Mi
$73,297
Median Household Income
$41,443
Median Earnings
$1,239
Median Rent
$577,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Redevelopment-focused residential lot sold primarily for lot value in Houston’s Spring Branch area.
Where is this residential land & home lot located?
The property is located at 8542 Highcrest Dr Houston, TX.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Approximately 7,900 SF lot in Houston’s Spring Branch area, sold primarily for lot value.; Redevelopment opportunity near recently built custom luxury homes in the area.; Convenient access to I‑10, Beltway 8, Memorial City, CityCentre, the Energy Corridor, Downtown Houston, and The Galleria.
More about this property
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