Pending

5200 Navigation Boulevard

Houston TX, 77011

$1,850,000


$33.95 per sqft

Pending

1.25 Acres

Land

Embrace this rare chance to acquire a newly-listed 1.25-acre property in the dynamic EaDo in Opportunity Zone. Nestled in a thriving community, this parcel boasts essential city utilities and sits in a non-flood zone, assuring a safe and lucrative development project. Ideal for multifamily residential projects, it also offers great potential as a high-profile commercial location. Benefit from the attractively low tax rate. Situated directly opposite the Buffalo Bayou Boat Launch, its allure is undeniable for prospective homeowners and renters alike. EaDo's prime position, bordering downtown and connected by Houston's MetroRail, promises easy access to the Medical Center and a plethora of lifestyle amenities, including upscale dining, breweries, and fitness centers. Strategically close to key employment areas like Downtown Houston, Texas Medical Center, and Greenway Plaza. No HOA & No Flood Zone. Included are a survey and preliminary plans for a multifamily development.

96402223

MLS ID

November 16, 2023

Listed

March 14, 2024

Updated

Map

5200 Navigation Boulevard
Houston TX, 77011

Exterior/Building Features

Lot Size

1.25 Acres


Lot Features

Level, 1 Up to 2 Acres


Sewer

Public Sewer

School Information

School District

27 - Houston


High School

Austin High School (Houston)


Elementary School

Burnet Elementary School (Houston)

Other Property Details

Area Name

4


Taxes

$25,635


Tax Frequency

Annually


Days on Market

116


Garage

No


View

No


County

Harris


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

3/13/2024

Pending

2/23/2024

Price Change

$1,850,000

-3%

 

Courtesy of JPAR - The Sears Group, Kate Myhan 

Based on information from the Houston Association of REALTORS as of 3/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2024 Houston Association of REALTORS. All rights reserved.

Data last updated 6:15 PM UTC, 3/14/2024

 

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