5,775 sf corner lot. Large trees. Excellent opportunity to develop commercial or residential in university areas. Close to new houston innovation district and new uh college of medicine opening in 2020. Recently renovated neighbor. 205 feet frontage including 150 feet on emancipation. Not in flood zone. Economics: 14% annual increase in property tax values and single-family homes avg. Sale price per sf. Investor demographics: washington terrace has 79% employed in white collar job, 39% with at least undergraduate degrees. Compared to houston, 19% higher undergraduate degree.
The vacancy rate of homes in 77004 is
21.68% with 25.74% of homes being owner-occupied. The median household income in 77004 is $48495 per year with those between 25 and 44 having the highest median income at $63094.