5200 Navigation Blvd

Houston, TX 77011
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For Sale
Under Contract - OP
$1,850,000
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1.25 Lot Acres
Lots

Audio narrative

Description

Embrace this rare chance to acquire a newly-listed 1.25-acre property in the dynamic EaDo in Opportunity Zone. Nestled in a thriving community, this parcel boasts essential city utilities and sits in a non-flood zone, assuring a safe and lucrative development project. Ideal for multifamily residential projects, it also offers great potential as a high-profile commercial location. Benefit from the attractively low tax rate. Situated directly opposite the Buffalo Bayou Boat Launch, its allure is undeniable for prospective homeowners and renters alike. EaDo's prime position, bordering downtown and connected by Houston's MetroRail, promises easy access to the Medical Center and a plethora of lifestyle amenities, including upscale dining, breweries, and fitness centers. Strategically close to key employment areas like Downtown Houston, Texas Medical Center, and Greenway Plaza. No HOA & No Flood Zone. Included are a survey and preliminary plans for a multifamily development.

MLS#
96402223
List Price
$1,850,0002.63%
Listing Status
Under Contract - OP
Address
5200 Navigation Blvd
City
State
TX
Zip Code
County
Legal Description
LTS 1 THRU 7 & 9 THRU 12 BLK 18 ENGEL
Property Type
Lots
Lot Size
1.25 Lot Acres/Appraisal District
Key Map©
494Q
Market Area

Exterior

Lot Description
Level
Cable
Available
Water Sewer
Public Sewer, Public Water
Phone
Available
Electric
Electric Available
Gas
Gas Available

Lot information

Lot Size
1.25 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional, Investor
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$25,635/2022
Tax Rate
2.3519

Additional information

HOA Mandatory
No
List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
3%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Estimated electricity cost

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Noise factors

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Source

Houston Association of REALTORS
Source last updated Apr 23, 2024 at 11:47 PM
Listing last updated Mar 13, 2024 at 01:27 PM

5200 Navigation Blvd, Houston, TX 77011. View photos, map, tax, nearby homes for sale, home values, school info...

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