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$295,000 Just Listed
Property Description
Rare opportunity to acquire a shovel-ready multifamily development site in a rapidly growing Houston submarket.This is a fully entitled 12-unit project with approvals and key pre-development work already completed, allowing a buyer to begin construction Now!The approved plans feature a 3-story apartment building consisting of 6 one-bedroom/one-bath units and 6 two-bedroom/two-bath units, designed with efficient layouts and strong rental appeal. Each unit includes a private balcony, and the project incorporates on-site storage units, creating additional income potential.The sale includes the development lot, approved architectural plans, completed geotechnical report, and partial impact fees already paid, significantly reducing timeline, risk, and upfront soft costs.This project can be executed as affordable housing for stable occupancy or upgraded to capture top market rents. Ideal for developers looking to fast-track a multifamily build in Houston.Buy today and start building tomorrow
Full Property Details
Full Property Details for 5009 Reed Rd
General
- Price: $295,000
- Taxes: $3,481 (2025)
- Status: Active
- Type: Lots/Land
- Source: Houston
- MLS ID: 74179218
- Updated: 4/2/2026
- Added to Site: 2 day(s) ago
Location
- Area: 3
- County: Harris
- Subdivision: Sunnyside Gardens
- Driving Directions: Take 288 S to 610 E. Exit Cullen. Take a Right on Cullen. Take a Left on Reed. Make a U-Turn and property will be on the right.
School Information
- Elem School District: 27 - Houston
- Midd School District: 27 - Houston
- High School District: 27 - Houston
- Elementary School: WOODSON ELEMENTARY SCHOOL
- Middle School: THOMAS MIDDLE SCHOOL
- High School: WORTHING HIGH SCHOOL
Utilities
- Sewer: Other, Public Sewer
- Water: Other, Public
Lot Features
- Lot Size (Acres): 0.2893
- Lot Size Source: Survey
- Lot Features: Other
- Potential Use: Multi-Family
Financial Considerations
- Tax Amount: $3,481
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LT 42 BLK 19 SUNNYSIDE GARDENS
- Legal Disclosures: Other
- APN: 075-199-019-0042
Listed by Adeo Homes Realty (832) 970-8181, Christian Asmatey (281) 788-1161
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Schools
Schools serving 5009 Reed Rd
School District:Houston Independent School District
| Name | Grades | Distance |
|---|---|---|
Woodson School, Houston, TX 10720 Southview Street, Houston, TX 77047 | K-5 | 1.5 mi |
Thomas Middle School 5655 Selinsky Road, Houston, TX 77048 | 6-8 | 1.7 mi |
Worthing High School 9215 Scott Street, Houston, TX 77051 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5009 Reed Rd
Date
Details
Price
Change
Source
4/02/2026
Listed
$295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5009 Reed Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,428
13%
$163,813
—
2023
$3,047
—
$163,813
8%
2022
$3,047
10%
$151,212
20%
2022
$2,775
57%
$126,010
67%
2021
$1,762
67%
$75,606
71%
2020
$1,058
16%
$44,104
17%
2019
$915
-4%
$37,803
—
2018
$957
100%
$37,803
100%
2017
$478
—
$18,902
—
2016
$478
—
$18,902
—
2015
$479
-1%
$18,902
—
2013
$484
—
$18,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5009 Reed Rd
5009 Reed Road, Houston, TX 77033 (MLS# 74179218) is a Lots/Land property with a lot size of 0.2893 acres. 5009 Reed Road is currently listed for $295,000 and was received on April 02, 2026. Want to learn more about 5009 Reed Road? Do you have questions about finding other Lots/Land real estate for sale in Downtown Houston? You can browse all Downtown Houston real estate or contact a Coldwell Banker agent to request more information.
