For Sale

$552,500

HIGHLIGHTS:
  • Active
  • $7,559/month
  • 1 DOM
  • 11,000 SqFT
Description

Development Opportunity – 407 Grove St Prime 77020 location just minutes from Downtown Houston! This property sits on a generously sized lot with City of Houston approvals and plans are in place for up to 7 additional units—a rare, turnkey opportunity for builders and investors. Surrounded by rapid growth and new development, with quick access to major highways, Minute Maid Park, Discovery Green, and the Toyota Center. Strong appreciation potential in one of Houston’s hottest emerging areas. Live, build, or invest—this one checks every box. Opportunities like this don’t last.

Overview
  • MLS Number: 34982271
  • Type: Lots
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: N/A
  • Land Size: 11,000 sqft
  • Year Built: N/A
Financial
Price:
$552,500
Price/SqFT:
$50.2
Original Price:
$565,000
Reduced $:
$12,500
Reduced On:
Jul 13th, 2026
Reduced %:
2.21 %
HOA Fee:
$1000 Annually
Tax Rate:
2.12522 %
Est. Monthly:
$7,559 *
Tax Amount:
$11,742
Amenities and features
  • Sewer
  • Water Access
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Lot Description:
    Subdivision
    Water Sewer:
    Public Sewer,Public Water
    Cable:
    Available
    Phone:
    Unknown
    Electric:
    Availability Unknown
    Gas:
    Availability Unknown

Listed By:
Yvonne Cazares

Monarch & Co

The data on this website relating to real estate for sale comes in part from the IDX Program of the Houston Association of REALTORS®. All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.

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