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3121 Brewster St
Houston, TX 77026
24 Units – Rehab-Ready Townhome Site -Land · Terrain À vendre
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1,31 AC
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Faits saillants de l'investissement
- 3121 Brewster Street offers a lucrative multifamily redevelopment or rehabilitation project in Houston’s Northside.
- The site offers 57,128 SF of land within the Eagle subdivision, offering ample space for multiple units or a transformative residential development.
- Existing improvements to the site include 16,950 SF of garden-style buildings with 24 total units.
- Houston’s rising housing market positions a new owner to deliver high-demand housing to the area.
Résumé de l'annonce
Located in the thriving Northside market area, this property is surrounded by a growing residential community, contributing to its appeal as a development hotspot. Located in the Eagle subdivision, the site features a sprawling 57,128 square feet of land (per appraisal district), offering ample space for multiple units or a transformative residential development.
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 1 158 384 $ CAD | Taille du lot | 1,31 AC |
| Prix par AC | 884 262,69 $ CAD |
| Prix | 1 158 384 $ CAD |
| Prix par AC | 884 262,69 $ CAD |
| Taille du lot | 1,31 AC |
3121 Brewster St. offers 57,128 sq. ft. in Houston’s Northside. Prime Eagle subdivision site with strong potential for townhomes, rehab, or residential development—ideal for investors and developers.
Description
Prime Multifamily Redevelopment Opportunity | 1.31 Acres | 24 Units | Opportunity Zone | Houston Northside 3121 Brewster St presents a rare covered land and value-add redevelopment opportunity in Houston’s rapidly evolving Northside / Eagle subdivision, just minutes from Downtown Houston. Situated on a 57,128 SF (1.31-acre) lot, the property includes 24 existing multifamily units and is fully vacant (in need of rehab), offering immediate flexibility for repositioning, redevelopment, or ground-up construction. The site is ideal for multifamily redevelopment, townhome construction, or a full rehab and reposition strategy. Existing improvements provide a strong covered-land basis, allowing investors and developers to capitalize on either a renovation and lease-up plan or a higher-density redevelopment play. The parcel size, configuration, and surrounding neighborhood activity support multiple exit strategies. Located within a designated Opportunity Zone, the property offers potential tax advantages for qualified investors while positioning capital in a high-growth infill market. The surrounding area continues to experience increased residential development, infrastructure investment, and buyer demand driven by proximity to Downtown Houston, major employment centers, and key transportation corridors. Offered at a compelling basis relative to nearby redevelopment comps, 3121 Brewster St is well-suited for developers, value-add investors, and opportunistic buyers seeking scale, flexibility, and long-term upside in one of Houston’s emerging inner-city submarkets. Highlights include: • 57,128 SF (1.31 Acres) • 24 Existing Multifamily Units (Vacant) • Opportunity Zone Location • Covered Land / Redevelopment Play • Ideal for Multifamily or Townhome Development • Minutes from Downtown Houston • Strong Value-Add and Reposition Potential
