Rare opportunity to acquire a shovel-ready multifamily development site in a rapidly growing Houston submarket.This is a fully entitled 12-unit project with approvals and key pre-development work already completed, allowing a buyer to begin construction Now!The approved plans feature a 3-story apartment building consisting of 6 one-bedroom/one-bath units and 6 two-bedroom/two-bath units, designed with efficient layouts and strong rental appeal. Each unit includes a private balcony, and the project incorporates on-site storage units, creating additional income potential.The sale includes the development lot, approved architectural plans, completed geotechnical report, and partial impact fees already paid, significantly reducing timeline, risk, and upfront soft costs.This project can be executed as affordable housing for stable occupancy or upgraded to capture top market rents. Ideal for developers looking to fast-track a multifamily build in Houston.Buy today and start building tomorrow
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
Exterior
Finance
Exterior features
Approximately 12,601 square feet lot
Lot is about 0.2893 acres
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Land property
Construction
No building information (vacant land)
Utilities
Public water
Public sewer
Financial info
Annual tax: $3,481 (2025)
Electricity and solar
View estimated energy costs and solar savings for this home
12,000 sq. ft. plus lot on Reed Road. This lot offers a wonderfully opportunity to purchase a lot in this up and coming area. Perfect for commercial or residential development. Sunnyside has seen tremendous growth and an influx of new construction. Close proximity to 610, 288, Texas Medical Center & Downtown Houston!
* Price is not available or MLS listing is off market.
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Vacant Land
County
Harris County
APN
075-199-019-0042
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Last updated by owner on Apr 28, 2023.
Historical weather
Houston, TX • 77033
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Sun exposure
98/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5009 Reed Rd
$204,079
$16K under list price of $220K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $75K to $248K.