1502 Lee Street #5, Houston, TX 77009

Houston
Local realty services provided by:American Real Estate ERA Powered
1502 Lee Street #5,Houston, TX 77009
$498,000
  • 4 Beds
  • 2 Baths
  • 5,000 sq. ft.
  • Multi-family
  • Active
Listed by: bryan avila haro
Office: watkins realty llc.713-392-2623
MLS#:21361700
Source:HARMLS

Price summary

  • Price:$498,000
  • Price per sq. ft.:$99.6

About this home

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.

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Home facts

  • Year built:1930
  • Subdivision & Development:Little & Dickinson
  • Listing ID #:21361700
  • Updated:September 07, 2026 at 11:51 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Tile, Wood
  • Kitchen Description:Granite Counters
  • Living area:5,000 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Gas
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1930
  • Building area:5,000 sq. ft.
  • Construction Materials:Vinyl Siding, Wood Siding
  • Levels:2 Stories

Schools

  • High school:NORTHSIDE HIGH SCHOOL
  • Middle school:MARSHALL MIDDLE SCHOOL (HOUSTON)
  • Elementary school:SHERMAN ELEMENTARY SCHOOL

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$498,000
  • Price per sq. ft.:$99.6
  • Tax amount:$12,448 (2025)

Features and amenities

  • Amenities:Ceiling Fans
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