516 Martin Street, Houston, TX 77018

Property Description

Rare opportunity to acquire nearly one acre of land in Houston’s highly desirable 77018 submarket, located in the rapidly redeveloping Garden Oaks / Oak Forest corridor. Large tracts of land of this size are increasingly scarce in this area, making this property an attractive opportunity for builders, developers, and long-term investors. The site offers significant redevelopment potential, with surrounding properties seeing continued new construction, and small-scale residential development projects. The property provides flexibility for a variety of development strategies including multiple single-family home sites or potential small residential development (subject to city approvals). Strategically located with excellent access to Loop 610, Highway 290, and I-45, the property sits just minutes from The Heights, Downtown Houston, and major employment centers, driving strong buyer demand in the area. The neighborhood has experienced steady appreciation and ongoing redevelopment.

Listing Status:

Active

Date Added:

March 6, 2026

Data Last Updated:

March 17, 2026 at 7:07AM

Listing Office:

Womack Development & Investment Realtors : 713-523-7402

Listing Agent:

Jordan Jennings : 1+832-454-2655

MLS ID:

35145935

Exterior

• Parking: Driveway Gate

Location

• Road/Access: Asphalt
• Originating MLS: Houston Association of Realtors
• School District: 27 - Houston
• County: Harris

Lot

• Zoning: LT 65 YALE STREET ACRES SEC 10580890000065
• Current Use: Multi-FamilyOtherPatio HomeResidentialTownhouse

Utilities

• Utilities: Natural Gas AvailableCable AvailableElectricity Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Houston Association of Realtors