WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Bankruptcy Auction - Development Lot
Welcome to a well-situated parcel of vacant land located in the vibrant heart of Houston, Texas. This lot offers approximately 7,200 sq ft of space according to the most recent listing sources. Situated in the 77088 ZIP code within the established Acres Home neighborhood in Harris County, this property presents a distinctive opportunity for residential development, investment, or hold-strategy.
Lot & Zoning Features
The lot size is approx. 7,200 sq ft, providing ample space for a thoughtfully designed single-family home, small multi-unit build (subject to zoning), or creative infill project.
The land is currently listed as “Vacant Land” in public records, meaning buyers can start fresh with design, layout and build choices.
Utilities appear to be present or proximate: the listing notes “Public Sewer” and “Water: Public” among the property facts.
The property is located in the Lincoln City subdivision (or part thereof) within Acres Home, providing an established residential context.
Location & Neighborhood Highlights
Situated in the Acres Home area, this location has historic charm, mature tree canopy, and proximity to central Houston amenities.
Schools nearby include Osborne Elementary School, Williams Middle School and Booker T. Washington High School.
Given its 77088 ZIP, the property benefits from access to major thoroughfares, city infrastructure and urban connectivity, making it suitable for new construction or redevelopment.
Development Potential & Appeal
Because the lot is vacant, there is flexibility to tailor the build to specific buyer needs: be it custom home, duplex, or other permitted use (ensure zoning and HOA/Platting review).
The size and location make it an appealing infill lot—offering a brand-new build opportunity without stepping outside the established neighborhood fabric.
For an investor or owner-occupier looking to capitalize on Houston’s growth, this parcel offers a relatively clean “land-only” entry point.
Kelly Toney, Tranzon Asset Advisors, Court Appointed Auctioneer for the U.S. Bankruptcy Court, Southern District of Texas, Case No.#25-32179
Tranzon Asset Advisors of Texas, LLC, # 9008058, Kelly D. Toney, TX Auctioneer #11818, Broker #0421809
No Buyer's Premium, but other terms apply.
Online Bidding Ends: December 4th at 1:00PM ET
Inspection: Drive by Anytime.
Property Address: 0 Grenshaw, Houston, TX 77088
Contact Kelly Toney at 713-816-1123 or ktoney@tranzon.com
