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32949225
32949237

7002 Myrtle Street, Houston, TX 77087

$350,000
8 days on market
Updated 8 days ago

7002 Myrtle Street

Details
Property Type Multifamily, Mixed Use
Sub Type Single Family Rental Portfolio
Year Built 1938
Year Renovated 2004
Buildings 2
Stories 2
Lot Size (SqFt) 11,134
Ground Lease No

11,134 SF Triple-Frontage "Island Lot" in High-Growth East End | Priced Strictly for Lot Value.

Marketing description

RARE OPPORTUNITY: Unique "Island Lot" in Pecan Park with triple street frontage! Featuring 11,134 sq ft of prime land with high-visibility access on Garland St. This expansive urban compound is perfect for a custom estate, versatile residential replat, or potential commercial conversion. Includes an 1,855 sq ft main home (built 1938) and a detached 675 sq ft garage apartment (built 2004 per HCAD). Property is being sold for lot value and is offered strictly As-Is/Where-Is with no repairs to be made by the Seller. Structures provide a unique footprint for a signature restoration or new construction. Don’t miss this opportunity in East End Revitalized!

Investment highlights

Adaptive Reuse vs. Clean-Slate Redevelopment: Featuring an 11,134 sq ft "Island Lot," this property is priced strictly at lot value. Buyers have the ultimate flexibility to tear down and build new, or utilize the unique footprint of the existing structures (1,855 sq ft main building and 675 sq ft detached garage apartment) as the foundation for residential use or commercial conversion.

Proven Commercial Viability: The surrounding immediate submarket features a high concentration of established commercial properties, strongly supporting a transition from residential to commercial use. Explore converting the site to its highest and best use.

Listing Contacts

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Additional Information

Name
Angelica Teachout
License
9014038
Brokerage
Teachout & Company Properties
Brokerage Phone
7139797209
Title
Real Estate Broker
Brokerage Address
7670 Woodway Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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