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4615 Sherman, Houston, TX 77011

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For Sale

$1,625,000

0.62 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.6 acres
    Lot size

Explore this Property

This is an rare opportunity to acquire a large parcel of land in the rapidly changing East End. Hard corner lot. This sale consists of 1 parcel of 27,000 and 1 other contiguous parcel of 6,500 sq. ft. with a rented residence. Idealy like to sell together but would sell 27,000 sq ft by itself. The main building on Sherman is rented out with leases expiring in about 1 year. Lockwood property currently vacant as of Sept 15. Was used as 2 bd, 1 1/2 bath residential workshop. You can keep the buildings rented while you plan for redevelopment. This is currently priced below what other deals are getting done in the East End (EADO). Only 2.5 miles from the 169acre East River Project development by Midway. City infrastructure being updated on the street. New housing being built all around. One block to the Hike and Bike trail. Purchase both parcels on Sherman and Lockwood for additional Pricing Enhancements. The RED OUTLINE in the picture shows both properties together.
MLS# 45312626

Courtesy Of NB Elite Realty

(713) 516-7404

Property Features

  • Amenities
    Dock, Cable Ready
  • Architecture Style
    Other
  • Lot Size
    0.62 Acres

Map and Directions

Directions to 4615 Sherman, Houston, TX 77011

Home seller CENTURY 21 Alpha Commercial Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Alpha Commercial Group

(832) 745-6111
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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