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$675,000
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Property Description
Seize a premier development site, located in the heart of Houston's rapidly transforming East End. This strategically positioned lot is minutes from Downtown and the Buffalo Bayou partnership trails, placing you directly in the path of progress. Engineered for maximum efficiency, the property supports zero-lot-line construction, enabling a full-footprint build perfect for high-density commercial ventures, modern retail, or sleek office space. Surround your project with the East End's unique blend of industrial heritage and trendy new growth. With excellent visibility and a location that boasts high walkability and transit access, this is a rare chance to maximize your square footage in a high-demand urban core. Build upward and outward in one of Houston's most vibrant, culturally rich neighborhoods.
Full Property Details
Full Property Details for 5118 Canal
General
- Price: $675,000
- Status: Active
- Type: Lots/Land
- Source: Houston
- MLS ID: 48397403
- Updated: 3/11/2026
- Added to Site: 26 day(s) ago
Location
- Area: 4
- County: Harris
- Subdivision: Oak Lawn
- Driving Directions: From Downtown Houston take 45 South. Exit Lockwood. Left on Lockwood. Right on Canal. Property is on right side.
School Information
- Elem School District: 27 - Houston
- Midd School District: 27 - Houston
- High School District: 27 - Houston
- Elementary School: BURNET ELEMENTARY SCHOOL (HOUSTON)
- Middle School: NAVARRO MIDDLE SCHOOL (HOUSTON)
- High School: AUSTIN HIGH SCHOOL (HOUSTON)
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Phone Available
Lot Features
- Lot Size Source: Survey
- Lot Features: Corner Lot
- Potential Use: Multi-Family, Other, Single Family
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Resale Package
- Legal Description: LT 4 & TR 1 BLK 42 OAK LAWN
- Legal Disclosures: Other
- APN: 028-037-000-0001
Listed by Tejas Realty Group (832) 519-8100, Alex Eureste (281) 839-4467
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Schools
Schools serving 5118 Canal
School District:Houston Independent School District
| Name | Grades | Distance |
|---|---|---|
Burnet Elementary School, Houston, TX 5403 Canal Street, Houston, TX 77011 | K-5 | 0.2 mi |
Navarro Middle 5100 Polk Street, Houston, TX 77023 | 6-8 | 0.9 mi |
Austin High School, Houston, TX 1700 Dumble Street, Houston, TX 77023 | 9-12 | 1.2 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 5118 Canal
Date
Details
Price
Change
Source
3/10/2026
Listed
$675,000
—
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 5118 Canal
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,628
5%
$998,377
1%
2023
$19,654
—
$985,892
1%
2022
$19,654
55%
$975,480
24%
2022
$12,690
—
$789,786
54%
2021
$12,690
59%
$511,565
10%
2020
$7,971
-34%
$466,703
-1%
2019
$12,086
5%
$469,993
9%
2018
$11,558
46%
$431,183
46%
2017
$7,895
-2%
$295,000
-2%
2016
$8,036
42%
$300,000
42%
2015
$5,669
—
$211,125
50%
2015
$5,669
-11%
$140,500
-40%
2013
$6,369
—
$235,095
—
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 5118 Canal
5118 Canal, Houston, TX 77011 (MLS# 48397403) is a Lots/Land property with a lot size of acres. 5118 Canal is currently listed for $675,000 and was received on March 10, 2026. Want to learn more about 5118 Canal? Do you have questions about finding other Lots/Land real estate for sale in Houston? You can browse all Houston real estate or contact a Coldwell Banker agent to request more information.

