$349,900
$50K PRICE DROP

Estimated payment $2,028/month

Total Views 408
0.62 Acre
$564,537 Price per Acre
26,998 Sq Ft Lot

Highlights

  • 0.62 Acre Lot
  • Interior Lot
  • Open Space

About This Lot

Prime investment opportunity for redevelopment or immediate rental income. This property consists of five adjacent lots (Lots 14–18) with approximately 325 feet of frontage, including a corner at Lavender Street. Strategically located just 1⁄2 mile from Freeway 59, the site benefits from a newly expanded four-lane thoroughfare, increasing visibility and traffic flow. Two existing buildings—4609 (5,194 SF) and 4625 (3,360 SF)—are functional. 4609 needs $40K–$50K in renovations (last rented in 2023 for $2,300/month and currently renting $2500.00), while 4625 is leased as a convenience store for $2,200/month. Owner is over 70 and ready to sell. Ideal for developers considering a shopping center, self-storage, apartment complex, or motel. Property is being sold AS-IS, WHERE IS—no repairs will be made by seller. Strong future potential with income now and long-term upside. For 4609 Laura Koppe, the list price is 399,900.00

Listing Agent

K Lam

RE/MAX Southwest License #0406787 Listed on: 07/21/2025

RE/MAX Southwest

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,962

Lot Details

  • 0.62 Acre Lot
  • Open Space
  • Interior Lot
  • Cleared Lot
  • Additional Parcels

Schools

  • Cook Elementary School
  • Key Middle School
  • Kashmere High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Buckingham Place Sec 01 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,962

Lot Details

0

Listing Details

  • Directions: From 59 freeway northbound, exit and east on Laura Koppe Rd, approx 1/2 mile on your left, between Knoxwood St and Lavender St
  • Prop. Type: Land
  • Lot Size Acres: 0.6198
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: Buckingham Place Sec 01
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Other, Residential

Exterior Features

  • Disclosures: None
  • Lot Features: Cleared, Interior Lot, Open Lot

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: COOK ELEMENTARY SCHOOL (HOUSTON)
  • Junior High Dist: 27 - Houston
  • High School: KASHMERE HIGH SCHOOL
  • Middle Or Junior School: KEY MIDDLE SCHOOL

Lot Info

  • Additional Parcels Description: 073-179-000-0018
  • Additional Parcels: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1962.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,083 $550,600 $243,000 $307,600
2023 $8,091 $401,568 $162,000 $239,568
2022 $8,473 $380,123 $135,000 $245,123
2021 $9,466 $406,142 $108,000 $298,142
2020 $8,689 $358,805 $81,000 $277,805
2019 $6,043 $238,800 $81,000 $157,800
2018 $5,684 $224,627 $81,000 $143,627
2017 $5,558 $219,814 $81,000 $138,814
2016 $5,461 $215,978 $81,000 $134,978
2015 $4,769 $188,463 $54,000 $134,463
2014 $4,769 $185,519 $54,000 $131,519
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $349,900 -12.5% --
07/21/2025 07/21/25 For Sale $399,900 -- --
Source: Houston Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Source: Houston Association of REALTORS®

MLS Number: 87977340

Houston Association of REALTORS®

APN: 0731790000017