$498,000
4 Bed
2 Bath
5,000 Sqft

1502 Lee Street 5, Houston, Texas 77009

  • Residential Income Property Type
  • 5,000 Sqft Square Footage
  • 1930 Year Built
Property Description

Exceptional Investment Opportunity! Rare opportunity to own a 10, 000 SF corner lot minutes from Downtown Houston in one of the city’s hottest redevelopment areas. Property features two separate structures including a triplex and a single family home, creating multiple income producing opportunities. The single family home offers potential for duplex conversion with an upstairs kitchen and separate exterior access already in place. Fully gated with ample parking, storage building, and large yard. Ideal for a rehab project, rental portfolio, new construction, duplexes, townhomes, multifamily development, or a custom residence. Surrounded by new construction and rapidly rising property values. No HOA. Sold as is. Opportunities like this are becoming harder to find as the area continues to grow and appreciate.

Basic Details
Residential Income
For Sale
21361700
$498,000
4
2
5,000 Sqft
1930
2
Detached
: Composition
Active
$0
Features
: Central, Gas
: Central Air, Electric
: Tile, Wood
: Ceiling Fan(s), Granite Counters
: Water Available, Electricity Available, Natural Gas Available
$0
Address Map
TX
Harris
Houston
77009
Lee
1502
Street
W96° 38' 49.7''
N29° 46' 52.6''
From I-69/US-59, exit Collingsworth St, head west to Hardy St, turn south on Hardy St, then west on Lee St. Property is on the left at 1502 Lee St.
9
5
Neighborhood
SHERMAN ELEMENTARY SCHOOL
27 - Houston
NORTHSIDE HIGH SCHOOL
27 - Houston
27 - Houston
MARSHALL MIDDLE SCHOOL (HOUSTON)
MLS Addon
Watkins Realty LLC
Bryan Avila Haro
$0
$0
$0
$0
$0
Additional Information
: Accessible Approach with Ramp, Accessibility Features
5000
: Wood Siding, Vinyl Siding
: Two
4
2026-09-05
2
Financial
12448.0
Listing Information
Bryan Avila
CWTK01
Cash, Conventional, Investor Financing, Owner May Carry
Active
2026-09-06T03:16:06Z
HAR
2026-09-05T22:12:22Z
Speer Companies Brokerage
Speer Companies Brokerage
Contact Broker