245 Palmyra St
- Direct access from Palmyra Street with quick connections to I-10 and the 610 Loop, providing excellent mobility to and from major Houston corridors.
- Rectangular-shaped tract with approximately 150 feet of street frontage along Palmyra Street, offering strong visibility and efficient site layout.
- Flat, cleared, and development-ready land ideal for immediate vertical construction.
- A-1 Residential Single-Family designation offering flexible residential development options.
- Owned free and clear, with no existing liens or encumbrances.
- No known environmental or floodplain constraints, and a preliminary site inspection has been completed.
Property Description
Located just minutes from Downtown Houston, 245 Palmyra Street offers a premier infill development opportunity in one of the city’s fastest-growing redevelopment corridors. This ±20,100 SF site is shovel-ready and positioned for a mix of single-family homes or townhomes, making it an ideal project for builders seeking immediate impact and long-term value. The property benefits from nearby utilities and ongoing platting, providing a clear path toward development. With strong buyer demand, steady absorption, and significant new construction activity in the area, this site offers both excellent short-term profitability and lasting neighborhood appreciation. While Houston has no formal zoning laws, the property’s A1 Residential Single-Family designation and favorable lot configuration allow flexibility for various residential build types. All development remains subject to city code, lot size, and parking requirements. This is a rare chance to secure a development-ready tract in a high-demand, inner-loop location surrounded by revitalization.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $299,980 |
| Year Built: | 1948 |
| Lot Size: | 0.46 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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