4625 Laura Koppe Rd, Houston, TX 77016

$329,900

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List Price
$329,900
Status
ACTIVE
MLS#
34347426
Price Change
▼ $20,000 1785373496
Days on Market
128
Lot Size
14,625
Lot Size Source
Appraiser
Subdivision
Buckingham Place Sec 01
Region
2
Market Area
Northside
County
Harris

Property Description

Prime investment opportunity for redevelopment or immediate rental income. This property consists of five adjacent lots (Lots 14–18) with approximately 325 feet of frontage, including a corner at Lavender Street. Strategically located just ½ mile from Freeway 59, the site benefits from a newly expanded four-lane thoroughfare, increasing visibility and traffic flow. Two existing buildings—4609 (5,194 SF) and 4625 (3,360 SF)—are functional. 4609 needs $40K–$50K in renovations (last rented in 2023 for $2,300/month and currently seeking tenant), while 4625 is leased as a convenience store for $2,000/month. Owner is over 70 and ready to sell. Ideal for developers considering a shopping center, self-storage, apartment complex, or motel. Property is being sold AS-IS, WHERE IS—no repairs will be made by seller. Strong future potential with income now and long-term upside.

Additional Information

Finance Available
Cash, Conventional
Taxes
$1,962
Neighborhood
Northside
Utilities
Cable Available, Electricity Available, Phone Available
Lot Description
Cleared, Corner Lot, Split Possible
School District
Houston
Elementary School
Cook Elementary School (Houston)
Middle School
Key Middle School
High School
Kashmere High School

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Southwest.