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5732 Wheatley St - 5732 Wheatley - Residential Development 0.93 Acres of Commercial Land Offered at $690,000 in Houston, TX 77091

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INVESTMENT HIGHLIGHTS

Opportunity Zone Location – Positioned in a high-growth area near Loop 610 and I-45, offering strong ROI potential and possible tax incentives
Ready with Full Permits – Civil (private & public), structural, and architectural plans are complete and fully permitted

Gated Community Design – Each planned home offers approx. 1,893 SF of living space with intuitive layouts; 3 bedroom/3.5 bath floorplans, 2 car garage
Opportunity to build/sell OR build/hold

EXECUTIVE SUMMARY

Permitted 17 home residential development on a .93 acre lot. Plans will be transferred along with the sale of the land. The existing plans call for 17 single family homes. Each home is 3 bedrooms, 3.5 bathrooms, 3 stories, 1,893 interior sq ft, 2 car garage. The development will feature a gated shared driveway. Recent new construction sales of similar homes range from $350-400k.

5732 Wheatley Flyer

Wheatly Plan A.20230227

PROPERTY FACTS

Price	$690,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Hold For Development Hold For Investment Single Family Development Single Family Residence
No. Lots	1	Total Lot Size	0.93 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$690,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Hold For Development Hold For Investment Single Family Development Single Family Residence
Total Lot Size	0.93 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.