12012 Royal Oaks Run Dr Houston, TX 77082
This exceptional development opportunity presents 46 meticulously planned single-family residential lots in Houston's desirable Westchase area. Located within a thriving gated community bordering Royal Oaks Country Club, these lots offer a unique chance to build high-value homes. Each lot ranges from 3,150 to 3,950 square feet and is shovel-ready, having undergone extensive planning and preparation. The community boasts efficient road layouts, ensuring easy access for residents. Existing infrastructure and amenities are already in place, providing immediate integration for new builds. The area is known for its strong demand for new homes, offering significant potential for a high return on investment. The lots were recently appraised at $185,000 individually and $157,250 in bulk, and are currently priced at $150,000 each. The development is designed with sustainability in mind and allows for flexible building guidelines, enabling creative architectural designs while maintaining community integrity. Nearby amenities include a community swimming pool, access to over 50 miles of nature trails and 26,000 acres of parks, and proximity to major shopping centers, cultural attractions, airports (Bush Intercontinental and Hobby), and the Houston Medical Center. Homes in the surrounding Royal Oaks community range in value from $600,000 to over $5,000,000, reflecting the high desirability of the location. This is a rare opportunity to build a legacy in a prime Houston location. The address is 12012 Royal Oaks Run Dr, Houston, TX 77082.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.