7821 Detroit ST Active Save Request In-Person Tour Request Virtual Tour
Houston,TX 77017
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,478 sqft
Price per Sqft $175
Subdivision Park Place Circle
MLS Listing ID 85094464
Style Traditional
Bedrooms 2
Full Baths 2
Year Built 1938
Annual Tax Amount $4,009
Tax Year 2024
Lot Size 0.386 Acres
Property Sub-Type Detached
Property Description
Unlock income potential on this 16,000+ sq ft unrestricted lot, ideally located just minutes from Hobby Airport and the U of H. Move-in ready with minimal repairs and clean-up needed. This site is a rare gem for boutique apartment developers looking to capitalize on Houston's booming rental corridor.Why This Property Stands Out: Unrestricted Zoning – Build 8–12 units (1,200–1,500 sq ft each) with no red tape.
Proven Rental Demand – 80+ nearby complexes show strong occupancy (93–95%), with 1–2 BR units leasing for $1,200–$1,900/month. Captive Tenant Base – Serve Hobby's 12M+ annual travelers and U of H's 47,000+ students and staff. Located near I-45/610 for excellent visibility and logistics.
This is the last scalable lot in a supply-constrained zone.?Act fast—opportunities like this don't last. Contact us today for feasibility studies and ROI projections.
Location
State TX
County Harris
Area 3
Interior
Heating Central,Electric
Cooling Central Air,Gas
Exterior
Parking Features Attached,Garage
Garage Spaces 2.0
Roof Type Composition
Building
Lot Description Subdivision
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Sanchez Elementary School (Houston)
Middle Schools Ortiz Middle School
High Schools Chavez High School
School District 27 - Houston
Others
Acceptable Financing Cash
Listing Terms Cash