Meyerland Lot Opportunity: Build Your Vision at 5006 Yarwell Drive in Houston

If you’ve been searching for a Houston real estate opportunity where location, lot size, and future potential come together, 5006 Yarwell Drive in Meyerland deserves a closer look.

Listed at $450,000, this property offers approximately 9,536 square feet of flat, graded land in one of southwest Houston’s established residential communities. The property includes an existing 2,530-square-foot, four-bedroom, two-bath home built in 1959, but the listing is being marketed primarily for lot value. The existing structure is being sold AS IS, with no repairs and no interior access.

For a builder, investor, or buyer looking to create a custom home, the possibilities are particularly appealing.

A Spacious Meyerland Lot With Flexibility

One of the biggest advantages of 5006 Yarwell Drive is the size and configuration of the property. The approximately 9,536-square-foot lot provides room to consider a substantial new construction home, private pool, generous backyard, and outdoor entertaining areas.

The property is described as flat and graded, while mature trees toward the front add character and curb appeal without significantly compromising the usable space.

For buyers who love the Meyerland location but want something more tailored to their lifestyle, this could be an opportunity to start with the land and create a home from the ground up.

The listing also notes that buyers may explore raising and reimagining the existing structure, providing another potential path depending on the buyer’s plans, budget, and professional inspections.

Why Meyerland Continues to Attract Houston Homebuyers

Meyerland is known for its established residential streets, mature landscaping, convenient location, and proximity to some of Houston’s major employment and lifestyle destinations.

The City of Houston identifies the Greater Meyerland Area as a distinct super neighborhood with multiple civic associations and neighborhood parks, including Godwin Park, Meyerland Park, and Reeves Park.

That established neighborhood environment makes the location particularly interesting for buyers who want the advantages of an established Houston community while still having the opportunity to build something new.

Outdoor Recreation Just Minutes Away

For those who enjoy spending time outdoors, the property is close to several recreational options.

Godwin Park is located at 5101 Rutherglenn Drive and is part of the Houston Parks and Recreation system. The park also includes a community center, giving nearby residents access to neighborhood recreational amenities.

The property is also positioned near the Brays Bayou hike-and-bike trail system, creating opportunities for walking, running and cycling.

Meyerland itself has additional neighborhood park options, including Meyerland Park and Reeves Park, reinforcing the area's appeal for buyers who value outdoor space and recreation close to home.

Convenient Access to Houston's Major Destinations

Location is another major selling point.

From 5006 Yarwell Drive, residents can take advantage of access to Loop 610, making it easier to connect with other parts of Houston. The listing specifically highlights convenient access to the Galleria and Texas Medical Center, two of the area's major employment, shopping, dining, and entertainment destinations.

That central southwest Houston positioning can be particularly attractive to professionals who want to reduce travel time while remaining in an established residential neighborhood.

For everyday shopping and dining, Meyerland Plaza is also nearby. The shopping center continues to evolve, with a new Hobby Lobby project at the center scheduled for construction activity beginning in 2026.

Schools Add to the Location Appeal

The property is zoned to Kolter Elementary School, Meyerland Middle School, and Bellaire High School, according to current listing information.

Kolter Elementary School is located on Runnymeade Drive in the 77096 area.

School zoning should always be independently verified with the applicable school district before purchasing, as attendance boundaries can change.

A Property for Buyers Thinking Beyond the Existing Home

Traditional move-in-ready buyers may not be the primary audience for 5006 Yarwell Drive. Instead, this property stands out for buyers who see the potential in the land and location.

A builder could explore the opportunity to develop a custom residence designed around today's preferences. An investor could evaluate the property's redevelopment potential. And a buyer who wants to remain in Meyerland could consider creating a personalized home with features such as:

• A larger custom floor plan

• A spacious backyard

• Private swimming pool

• Outdoor kitchen or entertaining area

• Modern energy-efficient construction

• Expanded garage and storage

• Contemporary indoor-outdoor living spaces

The nearly quarter-acre lot provides substantially more flexibility than a smaller infill parcel.

Important Details for Buyers to Know

The property is currently listed at $450,000 with MLS #38399386. Current listing information reports four bedrooms, two bathrooms, approximately 2,530 square feet of existing living space, and an approximately 9,536-square-foot lot. The property has an annual HOA fee reported at $600.

Because the property is being marketed for lot value, buyers should approach the opportunity differently than a conventional resale home. The existing structure is being sold as-is, there are no repairs being offered, and the listing states NO INTERIOR ACCESS. Buyers should conduct appropriate due diligence regarding the structure, lot, utilities, zoning, flood considerations, deed restrictions, permits, development requirements, and any plans for new construction.

The Meyerland Opportunity

For buyers searching for Houston real estate, opportunities to acquire a sizable lot in an established neighborhood can be especially compelling.

5006 Yarwell Drive combines a 9,536-square-foot lot, mature surroundings, established Meyerland location, proximity to parks and trails, access to Loop 610, and convenient connections to the Galleria and Texas Medical Center.

Most importantly, it offers something that a finished home cannot: the opportunity to decide what comes next.

Whether the vision is a new custom residence, a backyard retreat, or another redevelopment concept, this Meyerland property gives builders and investors a chance to create value in an established Houston location.

If you’re searching for a Houston REALTOR who can help you evaluate land, teardown, redevelopment, and custom-home opportunities, a knowledgeable local real estate professional can help you understand the property's potential and guide you through the due-diligence process.

Property Snapshot

Address: 5006 Yarwell Drive, Houston, TX 77096
List Price: $450,000
Lot Size: Approximately 9,536 sq. ft.
Existing Home: Approximately 2,530 sq. ft.
Existing Home: 4 bedrooms, 2 bathrooms
Year Built: 1959
Community: Meyerland
MLS: #38399386
School District: Houston ISD
Schools: Kolter Elementary, Meyerland Middle, Bellaire High School
HOA: Approximately $600 annually
Property Focus: Lot value / redevelopment opportunity
Existing Structure: Sold AS IS; no repairs; no interior access

Listing information and availability can change. Buyers should independently verify property details, school zoning, restrictions, measurements, development requirements, and other information before making a purchase decision.