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Discover the potential of this .55ac parcel on South Shepherd Drive, near Westheimer. Ideal for multifamily and retail development, this below-market-priced property offers flexible financing options. As a bank-owned property, it’s perfect for developers seeking a prime location in an affluent area. Located 15 minutes from downtown Houston, 5 minutes from Greenway Plaza, and 10 minutes from the Galleria, the property features dual ingress/egress for easy access via San Felipe/Westheimer. The neighborhood, with homes selling for $1,000,000+, underscores its upscale appeal. This is one of the last multi-parcel opportunities in the prestigious River Oaks/Upper Kirby area, ideal for multi-lot residential development. With high-value neighboring properties and an affluent demographic, the potential for high-end residential or mixed-use development is exceptional. Don’t miss this opportunity to develop in one of Houston’s most sought-after areas.
*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
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