8646 Catalina Ln

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8646 Catalina Ln

Houston, TX 77075
Asking Price
$1.60M
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel spanning 4.57 acres
  • Located near Fuqua Street in Houston, Texas
  • Offered for sale at 1,600,000 dollars
  • Strategically positioned within the 77075 ZIP code
  • Suitable for residential development or subdivision projects

What's Special

Developers seeking residential project sites will find this 4.57-acre parcel at 8646 Catalina Lane well-positioned within the Houston market. Located in the 77075 ZIP code near Fuqua Street, the land provides substantial space for a new residential development in a growing area of the metro region. Houston remains a primary hub for economic activity in Texas, with diverse employment sectors and consistent population growth supporting the demand for new housing inventory. The configuration of this site allows for various density configurations depending on local municipal requirements. Its location offers connectivity to major thoroughfares, facilitating access for future residents to the broader amenities and services throughout the Houston metropolitan area. Investors looking for raw land in this sector of the city will find this a viable candidate for residential subdivision or multi-family construction projects.

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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124

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