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1502 Lee St #5

Houston, TX 77009
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Just listedJust listed
4,900 Sqft
10,000 Lot Sqft
Multi-Family - Multiple Detached Dw

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Description

Seller May Contribute to Buyer Expenses. Explanation ↓

Investor Special! Rare opportunity to own a 10,000 SF corner lot minutes from Downtown Houston in one of the city’s hottest redevelopment areas. Property features two separate structures including a triplex and a single family home, creating multiple income producing opportunities. The single family home offers potential for duplex conversion with an upstairs kitchen and separate exterior access already in place. Fully gated with ample parking, storage building, and large yard. Ideal for a rehab project, rental portfolio, new construction, duplexes, townhomes, multifamily development, or a custom residence. Surrounded by new construction and rapidly rising property values. No HOA. Owner financing available. Property needs repairs and is being sold as is. Opportunities like this are becoming harder to find as the area continues to grow and appreciate.

MLS#
58467331
List Price
$549,000 ($112/Sqft.)
Listing Status
For Sale
Address
1502 Lee St #5
Unit No.
5
City
Houston
State
TX
Zip Code
77009
County
Harris County
Legal Description
LTS 5 & 6 BLK 32 LITTLE & DICKINSON
Property Type
Multi-Family - Multiple Detached Dw
Stories
2
Building Size
4,900 Sqft/Appraisal District
Year Built
1930 /Appraisal District
Lot Size
10,000 Sqft/Appraisal District
Key Map©
493D
Market Area

Exterior

Roof
Composition
Exterior Type
Vinyl, Wood

Financial information

Financing Considered
Cash Sale, Conventional, Investor, Owner Financing, Seller May Contribute to Buyer's Closing Costs
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$12,448/2025
Tax Rate
2.1252

Extra details you may need to know

List Type
Exclusive Right to Sell/Lease

Interior

Countertop
Granite
Floors
Tile, Wood
Cooling
Central Electric
Heating
Central Gas
Energy Feature
Ceiling Fans, Insulation - Blown Fiberglass

Rooms

2 Bdr #
3

Lot Information

Lot Size
10,000 Sqft. /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
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Information source

Houston Association of REALTORS®
Source last updated Jun 25, 2026 at 02:45 AM
Listing last updated Jun 23, 2026 at 11:26 PM
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Know the property tax history and market value

Cost/Sqft based on tax value

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Estimated Monthly Payments

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Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
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.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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