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$999,000
3 Beds
1.5 Baths
1,243 SqFt
0.25 Acre Lot
10,800 Sqft Lot
Status Active
Property Type Single Family Residential
Price Type
Year Built 1947
Neighborhood Bellaire Amd
Days on Website 14

Property Map

$999,000 – 5006 Locust Street, Bellaire, TX 77401

Street View

Courtesy of Compass RE Texas, LLC – Houston 832-899-4788

Description

Don’t miss out on this remarkable investment opportunity located in the heart of Bellaire! This expansive lot, measuring 10,800 sq ft per the appraisal district, comes with a home currently leased until 7/31/2025. You can purchase now and continue to collect rental income while preparing your development plans. The property is situated on a street surrounded by commercial properties, making it ideal for potential commercial use. The seller suggests the option to replat for commercial purposes, offering flexibility for various investment strategies. For more information and to obtain a copy of the survey, please contact Julie. This is an opportunity not to be missed for investors and developers alike!

Property Details and Features

Building

  • Single-story
  • 1,243 Total SQFT
  • Built in 1947
  • Free Standing
  • Wood
  • Brick
  • Wood
  • Traditional

Appliances & Equipment

  • Electric Oven
  • Electric Range

Bathrooms

  • 1 Full Bathroom
  • 1 Half Bathroom
  • 1.10 Total Bathrooms

Bedrooms

  • 3 Total Bedrooms
  • 3 Maximum Bedrooms

Cooling

  • Central Electric

Disclosures

  • Sellers Disclosure

Fees

  • Annual Maint Desc: No

Foundation

  • Slab

Heating

  • Central Electric

Listing

  • $4,029,851 per acre
  • $804 per sqft

Location

  • Area: 17
  • County: Harris
  • Subdivision: Bellaire Amd

Lot

  • 0 Up To 1/4 Acre
  • 0.2479 acres
  • Size: 10800 square feet
  • Subdivision Lot

Roof

  • Composition

Schools

  • School District: 27 – Houston
  • Elementary: Condit Elementary School
  • Middle: Pershing Middle School
  • High: Bellaire High School

Sewer

  • Public Sewer
  • Public Water

Taxes

  • Amount: $8,457
  • Rate: 1.9326
  • Year: 2023

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