Kirby Place
34 Approved Lots | City-Stamped Plans Included | Opportunity Zone | $2.8M+ Invested Basis
Marketing description
Rare opportunity to acquire a fully entitled residential development site just minutes from Downtown Houston with skyline views and exceptional accessibility. Approved for 34 single-family homes with City of Houston stamped plans included, this shovel-ready project allows a developer to bypass years of planning and entitlement work. Over $2.8M invested basis between land acquisition and completed development work creates a significant barrier to entry and accelerates the path to construction. Located within an Opportunity Zone in one of Houston's fastest-growing infill corridors, the property offers scale, speed to market, and substantial upside for homebuilders, build-to-rent operators, and institutional investors. Existing improvements provide potential interim income or construction staging while development plans are executed.
Investment highlights
Fully Entitled Development Opportunity
Approved for 34 single-family residential homes with City of Houston stamped plans included, allowing developers to bypass significant entitlement timelines and move directly toward construction.
$2.8M+ Invested Basis
Over $2.8 million has already been invested through land acquisition, engineering, platting, approvals, and development work, creating substantial value and reducing upfront risk.
Opportunity Zone Designation
Located within a federally designated Opportunity Zone, offering potential tax advantages and enhanced long-term investment returns for qualified investors.
Prime Urban Infill Location
Strategically positioned minutes from Downtown Houston, The Heights, Near Northside, and EaDo, with convenient access to major employment centers, entertainment districts, and transportation corridors.
Downtown Houston Skyline Views
Rare opportunity to develop a residential community with views of the Downtown Houston skyline, enhancing future marketability and end-user appeal.
34 Approved Residential Lots
A scale that appeals to regional homebuilders, private developers, and build-to-rent operators seeking meaningful inventory within Houston's urban core.
Existing Improvements
Existing warehouse structure provides potential interim income, construction staging, equipment storage, or project office space during development.
Cleared & Fenced Site
The property is currently improved, secured, and largely cleared, reducing site preparation requirements and accelerating development timelines.
Public Utilities Available
Public water, sewer, gas, and electric services are available to support future residential development.
Strong Builder Economics
Large-scale infill development opportunities with approved plans are increasingly difficult to find this close to Downtown Houston, creating a compelling supply-and-demand dynamic.
Multiple Exit Strategies
Ideal for:
• For-Sale Residential Development
• Build-to-Rent Community
• Institutional Rental Portfolio
• Phased Development
• Land Banking and Future Appreciation
Reduced Development Risk
Significant entitlement, engineering, planning, and approval work has already been completed, reducing one of the largest risks facing residential developers today. The approved plat establishes 34 residential lots and internal development layout.
Houston Growth Story
Houston remains one of the nation's strongest housing markets, supported by population growth, job creation, and continued investment throughout the urban core.
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