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245 Palmyra St - Prime Inner-Loop Dev. Site | Ready to Build 0.48 Acres of Commercial Land Offered at $467,619 CAD in Houston, TX 77022
INVESTMENT HIGHLIGHTS
- Direct access from Palmyra Street with quick connections to I-10 and the 610 Loop, providing excellent mobility to and from major Houston corridors.
- Flat, cleared, and development-ready land ideal for immediate vertical construction.
- Owned free and clear, with no existing liens or encumbrances.
- Rectangular-shaped tract with approximately 150 feet of street frontage along Palmyra Street, offering strong visibility and efficient site layout.
- A-1 Residential Single-Family designation offering flexible residential development options.
- No known environmental or floodplain constraints, and a preliminary site inspection has been completed.
EXECUTIVE SUMMARY
The property benefits from nearby utilities and ongoing platting, providing a clear path toward development. With strong buyer demand, steady absorption, and significant new construction activity in the area, this site offers both excellent short-term profitability and lasting neighborhood appreciation.
While Houston has no formal zoning laws, the property’s A1 Residential Single-Family designation and favorable lot configuration allow flexibility for various residential build types. All development remains subject to city code, lot size, and parking requirements.
This is a rare chance to secure a development-ready tract in a high-demand, inner-loop location surrounded by revitalization.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $467,619 CAD | Lot Size | 0.48 AC |
| Price Per AC | $969,977.27 CAD |
| Price | $467,619 CAD |
| Price Per AC | $969,977.27 CAD |
| Lot Size | 0.48 AC |
DESCRIPTION
Perfectly positioned just 2 miles from I-10 and 3.5 miles from Downtown Houston, this site provides quick access to major job centers and key transit routes. The location is minutes from the East River development, Buffalo Bayou Greenways, and Houston’s vibrant East End — an area experiencing significant revitalization and growth. Residents and future homeowners will enjoy access to well-rated charter schools, neighborhood parks, and nearby community centers. Essential conveniences such as grocery stores, retail, and healthcare—including Harris Health and CVS MinuteClinic—are only five minutes away. The area’s walkable streets, bike-friendly design, and connection to METRO public transit make it ideal for modern, connected urban living.
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245 Palmyra St - Prime Inner-Loop Dev. Site | Ready to Build
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