Prime Development Opportunity Near the Texas Medical Center Positioned minutes from the Texas Medical Center, this well-located lot presents an exceptional opportunity for a condo or townhome development in one of Houston’s most consistently high-demand corridors. This infill development site offers a rare opportunity to deliver modern condominiums in immediate proximity to the Texas Medical Center (TMC)—the largest medical complex in the world and one of Houston’s strongest, recession-resistant economic drivers. Surrounded by major hospitals, research institutions, universities, and ongoing revitalization, the property is ideally suited for modern, low-maintenance condominium living tailored to medical professionals, graduate students, faculty, and long-term renters seeking proximity, convenience, and lifestyle appeal.
Vacant landProperty Type
7,000 sq ftLot Size
$30Price/Sq.Ft.
Listed by Brigitte Taylor• Alliance Realty Properties
Greater Ost-South Union, located between OST and South Union, is a residential and institutional Houston neighborhood with mid-century brick homes and broad, tree-lined streets. The neighborhood’s character concentrates around the University of Houston campus edge near Calhoun Rd and Wheeler Ave, where student-foot-traffic, coffee counters, and campus venues set the daily rhythm. Architectural lines lean ranch-style and postwar infill, with deep setbacks and long driveways. University of Houston’s Cullen Performance Hall and the Blaffer Art Museum act as cultural anchors, while TDECU Stadium brings game-day energy. Green breaks appear at nearby MacGregor Park, and METRORail access at Palm Center Transit Center links the area to Downtown.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Seller disclosure available
Exterior features
Corner lot
Home design
Land property (vacant lot)
Construction
No structures listed (vacant land)
Utilities
Public water
Public sewer
Electricity available
Natural gas available
Phone service available
Financial info
Annual taxes reported for 2025
Electricity and solar
View estimated energy costs and solar savings for this home
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 109° expected this year, 24 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Houston, TX • 77021
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54
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Sun exposure
80/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3564 Mount Pleasant St
$195,729
$14K under list price of $210K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $105K to $265K.