5,000 SF Infill Lot | Inner Loop Houston | Third Ward/Emancipation Park Corridor | Bankruptcy Court - Ordered Auction
Tranzon Asset Advisors of TX, LLC is pleased to offer this 5,000 square foot (0.1148 acre) infill development lot with a 2,550 SF pier & beam building in one of Houston's most active inner-loop builder corridors. Situated in historic Greater Third Ward, this 5,000 SF lot is surrounded by newly constructed residential townhomes and represents a turnkey land acquisition opportunity for Houston area residential developers and builders.
The subject property is located one block from Emancipation Park, which underwent a landmark $33 million revitalization and serves as the neighborhood's premier amenity. The lot sits within minutes of Midtown, Downtown Houston, the Museum District, Texas Southern University, the University of Houston, and the Texas Medical Center — placing it at the center of one of the city's strongest demand corridors for new townhome construction.
The property has no zoning, providing maximum flexibility for the incoming developer. The surrounding streetscape is actively transitioning, with completed townhome projects on adjacent and nearby lots.
This sale is being conducted pursuant to a Chapter 7 Bankruptcy Court Order and will be sold free and clear of liens per court approval. The property will be conveyed by Special Warranty Deed. All prospective bidders are encouraged to conduct independent due diligence prior to placing a bid. The sale is strictly as-is, where-is, with no representations or warranties expressed or implied.
PROPERTY HIGHLIGHTS
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5,000 SF lot (0.1148 acres)
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Inner-loop Houston location, Greater Third Ward
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One block from Emancipation Park
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Minutes to Midtown, Downtown, Museum District & Medical Center
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Surrounded by completed new residential townhome construction
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Existing structure — 2,550 SF
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No central HVAC; pier and beam foundation
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Ideal for single townhome or multi-unit townhome development
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Court-ordered sale
U.S. Bankruptcy Court, Southern District of Texas, Houston Division, (Case No. 25-32179)
Tranzon Asset Advisors of Texas, LLC, # 9008058, Kelly D. Toney, TX Auctioneer #11818, Broker #0421809