Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.
Property has a small house on it, but is being sold as-is for lot value only. Dimensions of lot are 60 x 115 for a total of 6900 sf. Can build a maximum of four townhomes or single-family detached homes with a common driveway OR two extra-large homes side-by-side with driveways and garages facing the street OR one large custom home. For reference, there is a single-family home at 607 Malone that sold for $1,090,000 (3814 sf) on a 2500 sf lot. The single-family new construction home at 609 Malone (just across the street, one lot south) is presently on the market for $1,149,000 (4307 sf) on a 2500 sf lot. With the extra width of this lot at 616 Malone Street (60 vs 50 feet on other lots), as well as the extra depth (115 vs 100 ft), some really nice homes can be built on this beautiful and perfectly situated Rice Military lot, just blocks from Memorial Park, minutes from Downtown Houston ... hurry while it is still available to build your dream custom or spec home(s)!
*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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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.
616 Malone Street, Houston, TX 77007. View photos, map, tax, nearby homes for sale, home values, school info...
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