$199,999 Price Analysis 5129 Reed RdHouston, TX 77033 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.29 acre lot. Listed 2024-04-10, Taxes $1,814 | Ⓧ USDA Ineligible due to property near Houston |
These lots are unrestricted in use and will not violate deed restrictions with multi-unit development. Given the City of Houston's new Livable Places Ordinance the highest and best use calls for construction of multiple multi-unit dwellings (duplex, triplex, fourplex). This current replat design has been executed multiple times in the same neighborhood on similar size lot with improved new construction valued into $1M+ with multiple duplexes.
Building multiple triplexes or fourplexes will llow for $1.4M+ improvement values. A recently completed survey is available, as well as Harris County recorded replat mylars. Sellers also have recently completed new construction appraisals available to share for prospective buyers.
Presented by Anthony Griffin at
The Kalu Group.
Property MLS #55439164 from Houston
Year | Assessments Building + Land Total | Tax |
---|---|---|
2021 | $0 + $75,600 $75,600 | $1,814 |
2020 | $0 + $44,100 $44,100 | $1,058 |
2019 | $0 + $37,800 $37,800 | $915 |
2018 | $0 + $37,800 $37,800 | $957 |
2017 | $0 + $18,900 $18,900 | $477 |
2016 | $0 + $18,900 $18,900 | $478 |
2015 | $0 + $18,900 $18,900 | $479 |
2014 | $0 + $18,900 $18,900 | $486 |
2013 | $unknown + $18,900 $18,900 | $484 |
2012 | $unknown + $unknown $18,900 | $523 |
2011 | $unknown + $unknown $18,900 | $478 |
2010 | $unknown + $unknown $18,900 | $523 |
2009 | $unknown + $unknown $18,900 | $522 |
2008 | $unknown + $unknown $18,900 | $305 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.