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801 McGowen st
Houston, TX 77006
801 McGowen · Land For Sale
·
0.86 AC
Investment Highlights
- Strategic Midtown Houston location with exceptional walkability to dining, nightlife, and neighborhood services.
- Situated in a high barrier to entry infill corridor characterized by significant recent multifamily and mixed use development activity.
- Ability to align a future project with Midtown’s growing residential base and increasing demand for walkable, amenity rich urban living.
- Strong connectivity to METRO Red Line, bike lanes, and major freeways that link Downtown, TMC, and other key employment centers.
- Flexible redevelopment potential suitable for multifamily, mixed use, hospitality, or owner user concepts, subject to entitlements.
Executive Summary
801 McGowen presents a compelling opportunity to control a highly visible infill site in Houston’s thriving Midtown neighborhood. Positioned within one of the city’s most walkable districts and surrounded by an ever-expanding mix of multifamily, retail, restaurant, and entertainment concepts, the property is ideally suited for a forward-thinking owner or developer seeking to capture long term value in the urban core. Midtown has experienced outsized population growth over the past decade and continues to add residential units, with thousands of apartments planned or underway that will further strengthen the area’s live-work-play ecosystem.
For investors, 801 McGowen offers the rare ability to acquire a tract in an established, high barrier to entry submarket where larger assemblages are increasingly difficult to replicate. Depending on final entitlements, the site is well positioned for a variety of uses, such as multifamily, mixed use, boutique hospitality, or a single user corporate presence, allowing buyers to align the development program with market demand. With Houston’s strong demographic trends and Midtown’s ongoing evolution as a premier urban neighborhood, 801 McGowen provides an exceptional platform for a new project that can benefit from both immediate surroundings and long term growth
For investors, 801 McGowen offers the rare ability to acquire a tract in an established, high barrier to entry submarket where larger assemblages are increasingly difficult to replicate. Depending on final entitlements, the site is well positioned for a variety of uses, such as multifamily, mixed use, boutique hospitality, or a single user corporate presence, allowing buyers to align the development program with market demand. With Houston’s strong demographic trends and Midtown’s ongoing evolution as a premier urban neighborhood, 801 McGowen provides an exceptional platform for a new project that can benefit from both immediate surroundings and long term growth
Property Facts Under Contract
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 0.86 AC |
| Property Type | Land | ||
| Zoning | None - Unrestricted | ||
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.86 AC |
| Zoning | None - Unrestricted |
1 Lot Available
Lot 1
| Lot Size | 0.86 AC |
| Lot Size | 0.86 AC |
Prime Midtown Houston development site along McGowen Street offering urban infill exposure, walkable access to METRORail Red Line and neighborhood amenities, ideal for mixed use, multifamily, or commercial redevelopment.
Description
The site benefits from excellent multi-modal connectivity. Midtown is served by METRO’s Red Line, multiple bike lanes, and immediate access to the region’s primary freeways, including US 59/69, I-45, SH-288, and Spur 527, providing rapid links to Downtown, the Texas Medical Center, the Museum District, and the Galleria. This accessibility has made Midtown a destination for residents and employers who value convenience, transit options, and a walkable lifestyle.
Property Taxes
| Parcel Number | 0132680000011 | Improvements Assessment | $62,854 CAD |
| Land Assessment | $3,827,603 CAD | Total Assessment | $3,890,458 CAD |
Property Taxes
Parcel Number
0132680000011
Land Assessment
$3,827,603 CAD
Improvements Assessment
$62,854 CAD
Total Assessment
$3,890,458 CAD
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