1304-1306 Peden
Houston, TX 77006
Peden Square (2-Lots) · Land For Sale · 0.08 AC

Positioned in one of Houston’s most sought-after urban neighborhoods, these two contiguous lots in the Peden Square community offer a rare opportunity for immediate residential development. Situated just moments from the River Oaks Shopping Center, Montrose’s cultural and dining destinations, and the economic core of Downtown Houston, the property enjoys exceptional lifestyle appeal and sustained demand for luxury homes. The surrounding area reflects a strong owner-occupant market, with newly built residences routinely commanding prices near the million-dollar mark, reinforcing both end-buyer appetite and resale confidence.
The site comes fully equipped with all utility connections and benefits from being outside designated flood zones, providing important peace of mind during the development phase. Existing approved plans for two upscale four-story townhomes allow a developer to accelerate timelines and streamline the entitlement process, reducing uncertainty and carrying costs. The lots are well-positioned within a walkable residential enclave known for its blend of modern design, tree-lined streets, and proximity to major employment centers along Allen Parkway and in Downtown.
With quick access to major thoroughfares, nearby green spaces, and a thriving residential base, this offering represents a premier opportunity to deliver high-value homes in one of Houston’s most established urban submarkets. Whether for build-to-sell or long-term portfolio stability, the location and entitlements make this a compelling, ready-to-go investment.