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Edward Vivanco
We are delighted to present an outstanding and strategic opportunity for residential developers and builders with a vision for innovation. This portfolio collection of 5 contiguous residential lots are situated in the rapidly evolving East End District of Houston, representing a key investment for innovative and discerning developers. Properties include:7116 Canal St. (single family), 0 Canal St. (unimproved), 7120 Canal St. (former retail store), 7124 Canal St. (single family) and 7119 Avenue F
Aerial photo for 7124 Canal Street. The property is a single family home located next to 7120 Canal Street.
7124 Canal St.
View of 7124 Canal from back of lot. 
Aerial photo for 7120 Canal Street. This property was a former to-go restaurant. The property is located between 7124 Canal Street and 0 Canal Street.
The second track is 7120 Canal St. – Formerly a retail building for La Casita.
Aerial photo for 0 Canal Street.
View of 0 Canal Street. This track was used as a parking lot for 7120 Canal Street.
Aerial view of 0 Canal Street. The track has a carport on the back.
Aerial photo for 7116 Canal Street.
View of 7116 Canal Street. The track has a small single family home.
Aerial photo for 7119 Avenue F. The property backs to 0 Canal Street.
View of 7119 Avenue F. The track has a buillding that was previously used for food preparation for 7120 Canal Street.
Franklin Elementary located on Canal is across the street from the properties.
Edison Middle School
Brays Bayou Hike and Bike Trail (Starts/Ends at Mason Park)
Mason Park along Brays Bayou.
Mason Park Baseball Fields.
Mason Park Baseball Fields (Located inside park)
Mason Park Swimming Pool
Gus Wortham Golf Course
Gus Wortham Golf Course
Gus Wortham Golf Course
Magnolia Park METRO Transit Center.
Metro Transit Center aerial photo
This eclectic collection of five portfolio contiguous lots boasts a combined total of 33,386 sq. Ft.(approximately). The properties stand out not just for the prime location and proximity to Downtown Houston, but for the unparalleled connectivity they offer to the 610 Loop, Interstate I-10, and Interstate 45. The exceptional location offers the highly sought-after East End District with an exceptional culture of history and gourmet delights, unique shopping finds, and spaces of leisure as well as great visibility making this location the ideal opportunity for various residential or commercial ventures. The properties are located in the opportunity zone of the East End District.
| District: | Houston ISD |
| Elementary School: | Franklin Elementary School   Excellent |  |
| Middle School: | Edison Middle School  Good | |
| High School: | Austin High School Good | |
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $153.84 | $155,075 | 9.75% | $155,075 | 9.75% |
| 2022 | $140.18 | $141,299 | 14.50% | $141,299 | 14.50% |
| 2021 | $122.42 | $123,403 | 17.89% | $123,403 | 17.89% |
| 2020 | $103.85 | $104,678 | 30.85% | $104,678 | 30.85% |
| 2019 | $79.37 | $80,000 | 41.44% | $80,000 | 41.44% |
| 2018 | $56.11 | $56,563 | 0.00% | $56,563 | 0.00% |
| 2017 | $56.11 | $56,563 | 10.01% | $56,563 | 10.01% |
| 2016 | $51.01 | $51,417 | 0.00% | $51,417 | 0.00% |
| 2015 | $51.01 | $51,417 | 15.12% | $51,417 | 15.12% |
| 2014 | $44.31 | $44,665 | 0.00% | $44,665 | 0.00% |
| 2013 | $44.31 | $44,665 | 0.00% | $44,665 | 0.00% |
| 2012 | $44.31 | $44,665 | $44,665 |
2023 Harris County Appraisal District Tax Value |
|
|---|---|
| Market Land Value: | $113,356 |
| Market Improvement Value: | $41,719 |
| Total Market Value: | $155,075 |
2023 Tax Rates |
|
|---|---|
| HOUSTON ISD: | 0.8683 % |
| HARRIS COUNTY: | 0.3501 % |
| HC FLOOD CONTROL DIST: | 0.0311 % |
| PORT OF HOUSTON AUTHORITY: | 0.0057 % |
| HC HOSPITAL DIST: | 0.1434 % |
| HC DEPARTMENT OF EDUCATION: | 0.0048 % |
| HOUSTON COMMUNITY COLLEGE: | 0.0922 % |
| HOUSTON CITY OF: | 0.5192 % |
| GREATER EAST END MGMT: | 0.1500 % |
| Total Tax Rate: | 2.1648 % |
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