Exceptional investment opportunity in Houston's rapidly growing East End! Located at 5537 Margarita Street, Houston, TX 77020, this vacant lot is ready to be replatted into two separate properties, offering tremendous potential for builders, developers, and investors looking to capitalize on the area's ongoing growth and redevelopment. Surrounded by new construction and just minutes from Downtown Houston, EaDo, and major highways including I-10, I-69, and Loop 610, this property is ideally positioned for new residential development. Whether you're planning to build two homes, hold for future appreciation, or create your next investment project, this lot offers flexibility, convenience, and exceptional upside in a high-demand location.
| Listing Id: | 61531190 |
|---|---|
| List Price: | $108,000 |
| Property Type: | Land |
| Status: | Active |
| Tax Annual Amount: | $2,165 |
| Lot Size Acres: | 0.0953 |
| Waterfront?: | No |
| City: | Houston |
| County Or Parish: | Harris |
| Subdivision: | Buena Vista |
| Postal Code: | 77020 |
| Basement Yn: | No |
| Directions: | From I-10 Downtown going east, Exit Lockwood Dr, left on Lockwood Dr to Margarita St. |
| Disclosures: | None |
| Elementary School: | BRUCE ELEMENTARY SCHOOL |
| Elementary School District: | 27 - Houston |
| High School: | WHEATLEY HIGH SCHOOL |
| High School District: | 27 - Houston |
| Internet Automated Valuation Display?: | Yes |
| Internet Consumer Comment?: | Yes |
| Listing Agreement: | ExclusiveAgency |
| Lot Features: | Subdivision |
| Lot Size Area: | 4,150.0 |
| Lot Size Source: | Appraiser |
| Lot Size Units: | SquareFeet |
| Middle Or Junior School: | MCREYNOLDS MIDDLE SCHOOL |
| Middle Or Junior School District: | 27 - Houston |
| MLS Area Major: | 2 |
| MLS Area Minor: | Denver Harbor |
| Original List Price: | $108,000 |
| Parcel Number: | 058-146-000-0021 |
| Possible Use: | MultiFamily, Residential, SingleFamily |
| Postal City: | Houston |
| Postal Code Plus4: | 7325 |
| Sewer: | None |
| Status: | Active |
| State Or Province: | TX |
| Street Number Numeric: | 5,537 |
| Tax Year: | 2025 |
| Universal Property: | US-48201-N-0581460000021-R-N |
| Utilities: | Cable Available, Electricity Available, Natural Gas Available, and Phone Available |
| Water Source: | None |
| Listing Key: | 1195159693 |
| Current Price: | $108,000.00 |
| Country Subdivision: | 48201 |
| Record Signature: | -170,266,180 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:48201:058-146-000-0021 |
Listing Courtesy of: eXp Realty LLC
Listing Agent: May Pham
832-907-7799
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All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
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Houston Association of REALTORS® data last updated on November 14, 2026 01:13 AM - ET.
Property Last Updated: November 14, 2026 01:13 AM - ET
