2 Existing Sites – 30 Developed SFD Lots – Houston, TX

Overview

Site #1: East Burress Street – ASKING PRICE: 85.5k per lot

19 unit gated development. Development (roads, water lines, gas lines, electrical lines, etc.) has been completed. 4 of the 19 homes have been built and sold (lots 1, 2, 18, and 19) . Currently 4 more homes have recently completed construction (lots 14-17). That leaves 11 developed lots (lots 3-13). Sales closings have ranged from $270k-280k.

Site #2: Texas Street – ASKING PRICE: 115k per lot

29 unit gated development. Development (roads, water lines, gas lines, electrical lines, etc.) has been completed. 6 of the 29 homes have been built and sold (lots 15-20) . Currently 4 more homes are under construction (lots 12-14, and lot 21). That leaves 19 developed lots (lots 1-11, and 22-29). Sales closings have ranged from $340k-370k.