Unlocking Opportunity: 5732 Wheatley Street — A 17-Home Development Parcel in Houston

by Katie Day

 

Ever wondered where to find land with permits in hand, in a location primed for growth? This listing at 5732 Wheatley Street, Houston, TX 77091 is exactly that — and more.

Why 5732 Wheatley St Is Worth Your Attention

This isn’t just raw land. It’s a fully permitted residential development site, ready to hand off with civil, structural, and architectural plans.
Here’s what makes this property stand out:

  • Lot size & potential: ~0.93 acres (≈ 40,510 sq ft) 
  • Approved plan: 17 single-family homes

  • Home specs (each):

    • 3 bedrooms / 3.5 bathrooms

    • 3 stories

    • ~1,893 interior sq ft

    • 2-car garage

  • Shared gated driveway: All 17 homes will share a secure, gated entrance

  • Recent comps: New construction homes in surrounding areas are selling between $350,000 – $400,000

  • Offering structure: You can buy & build to sell, or buy & hold to rent/develop over time

  • Opportunity Zone advantage: This address lies in a designated Opportunity Zone, offering potential tax incentives for longer-term investors

Location & Lifestyle Highlights: Why This Spot Makes Sense

Proximity & Connectivity

  • Right near Loop 610 and I-45, making commutes to major employment corridors easier

  • In Northwest Houston / Acres Home / Curtis Landing region — a zone seeing renewed interest in infill and redevelopment

Schools & Neighborhood Context

  • Zoned to Highland Heights Elementary, Williams Middle, and Washington High in Houston ISD

  • The site lies in the Curtis Landing subdivision area

  • While the immediate area is more urban-infill than suburb, its strong connectivity and growth potential make it a compelling value play

Investor Appeal

  • With permits in hand, you’re reducing predevelopment risk

  • Opportunity zone benefits can sweeten the long-term return

  • The gated, medium-density layout appeals to buyers who want security, modern living, and less lot maintenance

Marketing Position: Ideas to Attract Buyers or Investors

  • Approved, shovel-ready development — no need to wait on entitlements

  • Scalable project: 17 units gives flexibility to phase construction

  • High upside: With current comps at $350–400K, potential aggregate value is impressive

  • Long-term optionality: Build to sell, or rent/lease individual units

  • Tax incentives via Opportunity Zone make this attractive to 1031 exchanges, long-term investors

Use phrases like “gated new-home community,” “permits included,” and “opportunity zone development site” in your listing copy to resonate with both builders and investors.

Final Thoughts

5732 Wheatley Street represents one of those rare chances to acquire prime Houston real estate with everything already aligned. You get the land, permits, plans, and location upside — all in one package.

If you're a builder, investor, or developer, this parcel is a strategic bet on the next wave of Houston infill growth.

Ready to Explore This Opportunity?

Let’s talk about how this property could fit into your investment or development strategy.
We’d love to walk you through the details, run pro formas, and show you what kind of return you can expect.

Schedule your no-obligation Discovery Call today → Book Here

Katie Day
Houston REALTOR® & Team Leader, MOVEMETOTX Team
📍 Serving the Greater Houston Area
📞 Schedule Your Discovery Call

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Katie Day

+1(832) 558-2522

katie@movemetotx.com

1834 Southmore Blvd, Houston, TX, 77004, United States

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