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About this home
INCREDIBLE INVESTMENT OPPORTUNITY! Situated on an expansive 12,000 sq. ft. lot in a rapidly developing area of Houston, this property offers exceptional potential for investors, builders, and developers! Priced BELOW LOT VALUE, this is a rare opportunity to maximize your investment. Renovate the existing home and flip for profit, restore it as an income-producing rental, or explore the possibility of developing the oversized lot for multifamily housing or commercial use, subject to applicable regulations and approvals. Conveniently located near the Texas Medical Center, University of Houston, Hobby Airport, Downtown Houston, and major highways, providing excellent accessibility to employment centers, shopping, dining, and entertainment. With its generous lot size, desirable location, and multiple investment possibilities, this property is full of potential. DON'T MISS THIS OPPORTUNITY TO INVEST IN HOUSTON'S GROWTH!
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Around this home
Schools
K - 12
Preschool & daycare
Woodson School
Public PreK-5 • Assigned • 1.3mi
6/10
Thomas Middle School
Public 6-8 • Assigned • 1.9mi
5/10
Worthing High School
Public 9-12 • Assigned • 0.8mi
5/10
Provided by GreatSchools
About
Sunnyside
Sunnyside, located between the Texas Medical Center and Hobby Airport, is a residential and historic Houston neighborhood with a grid of long blocks and a strong park-and-trail backbone. The neighborhood’s character concentrates around Martin Luther King Jr. Boulevard near Reed Road, where corner stores, barbershops, and community institutions set a steady, everyday rhythm. Sunnyside Park and the Sunnyside Health & Multi-Service Center act as civic anchors for recreation and services. Housing reads as primarily mid-century single-story homes with newer infill along wider arterials. The Columbia Tap Trail threads the area with a bike-and-walk corridor that links green space to nearby districts.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Bathrooms
2 full bathrooms
Heating & cooling
Central gas heating
Central electric air conditioning
Home design
Residential property
Construction
Built in 1948
Brick construction
Composition roof
Slab foundation
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
This charming 3-bedroom, 2-bathroom brick home is located on Reed Street in Sunnyside, sitting on a generous 12,000 sqft lot with significant potential for development. The property offers a unique opportunity for a savvy investor or flipper. The land itself is appraised at $156K by HCAD, and the area shows strong potential for growth, with rehabbed homes in the $200K range and newly built duplexes on 5K sq ft. lots selling for upwards of $500K. With potential for commercial applications or redevelopment, this property offers a promising opportunity in a rapidly appreciating neighborhood.
Public Records
Feb 26, 2025
Sold
*
Public Records
Jan 24, 1992
Sold
*
* Price is not available or MLS listing is off market.
Year
Property tax
Land + Additions
Assessment*
2026
$5,095 (+1.4%)
$156,000 + $83,750
$239,750
2025
$5,023 (+1.9%)
$156,000 + $80,363
$236,363
2024
$4,930 (+10.8%)
$156,000 + $79,598
$235,598
2023
$4,448 (+12.6%)
$144,000 + $76,770
$220,770
2022
$3,952 (+42.8%)
$120,000 + $59,463
$179,463
2021
$2,767 (+35.4%)
$72,000 + $46,701
$118,701
2020
$2,043 (+3.5%)
$42,000 + $43,150
$85,150
2019
$1,974 (+1.2%)
$36,000 + $45,527
$81,527
2018
$1,951 (+33.8%)
$36,000 + $41,095
$77,095
2017
$1,458
$18,000 + $39,719
$57,719
Public record
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
1948
Finished Sq. Ft.
1,464
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,464
Year built
1948
Style
Other
County
Harris County
APN
0751990020025
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
Climate risks
1/10 Flood Factor
Minimal risk 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, 22 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 • 77033
Average low and high temperatures (°F)
62
45
71
54
79
61
81
67
86
71
90
77
93
78
93
78
90
74
86
68
78
61
70
53
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 4733 Reed Rd
$144,030
$970 under list price of $145K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $100K to $157K.