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Houston,TX 77099
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Savoy 01
MLS Listing ID 47223433
Annual Tax Amount $2,384
Tax Year 2024
Lot Size 1.167 Acres
Acres 1.167
Property Description
Exceptional investment! Approved for 14 homes, ideal for rentals, development, or a custom community. Perfect for long-term gains, resale, or personal use. Don't miss this opportunity!
If someone is looking to be an investor on this project the group is willing to do a joint venture. Or if the buyer wants to do the project entirely on their own they can do so. The project ROI is approx 23% and if hold for 3 years the ROI is approx 39%.
The development is backed by Kings Builders, a trusted builder with all cost estimations and project plans completed. This is an excellent opportunity for those looking to capitalize on a lucrative residential development. Permits are in place, allowing you to move forward with minimal delays.
For detailed feasibility analysis, reach out to The Alam Group today
Location
State TX
County Harris
Area Stafford Area
Building
Lot Description Other
Lot Size Range 1 Up to 2 Acres
Sewer Other Water/Sewer
Water Other Water/Sewer
Schools
Elementary Schools Smith Elementary School (Alief)
Middle Schools Olle Middle School
High Schools Aisd Draw
School District 2 - Alief
Others
Senior Community No
Restrictions No Restrictions
Tax ID 121-415-000-0001
Tax Rate 2.2332
Disclosures No Disclosures
Special Listing Condition No Disclosures