For Sale
$700,000

Kinghurst Dr Houston, TX 77099

1.17 Acres, Approved for 14 Homes

Overview

Added:
Feb 13
Days on market:
74
This exceptional 1.17-acre commercial land parcel in Houston, Texas (Harris County, zip code 77099), presents a turnkey investment opportunity. Located at 0 Kinghurst Dr, this property is already approved for the construction of 14 residential units, making it ideal for rental income, resale, or a custom-built community. The development boasts a projected ROI of 23%, potentially reaching 39% with a three-year hold. All necessary permits are in place, eliminating delays and minimizing risk. Detailed feasibility studies and cost estimations are complete, backed by Kings Builders, a trusted construction partner. This comprehensive package offers a hassle-free development process, allowing investors to proceed immediately. The property's strategic location ensures high demand and long-term appreciation. Investors can choose to proceed independently or participate in a joint venture. This prime development site offers unparalleled flexibility and strong potential for significant returns, making it an exceptional addition to any real estate portfolio. The property is priced at $700,000.

Highlights

  • $700,000 asking price for 1.17 acres of commercial land in Houston, TX.
  • Approved for 14 residential units.
  • Ideal for rental income, resale, or custom housing development.
  • Permits are in place, minimizing development delays.
  • Joint venture option available with KingsPeg for expert-backed development.
  • Projected ROI of 23%, potentially reaching 39% with a three-year hold.

Property Details for 0 Kinghurst Dr

Property type
Land
Lot Size (sq. ft)
50,965 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.6632714
Longitude
-95.5699134

FAQs

What type of property is this?
Land - 1.17 Acres, Approved for 14 Homes
Where is the land located?
The property is located at Kinghurst Dr Houston, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: $700,000 asking price for 1.17 acres of commercial land in Houston, TX.; Approved for 14 residential units.; Ideal for rental income, resale, or custom housing development.
How can I contact the broker?
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0 Kinghurst Dr
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