Live in the moment. Demolish in between.
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Commercial Structures
- Dan’s Chrysler Marine Service, 927 Studewood St. 77008
Residences
- 1826 Gardenia Dr. 77018 (Oak Forest; new construction by Southern Green Builders)
- 1921 Hazard St. 77019 (Hyde Park Main)
- 1518 Hillendahl Blvd. 77055
- 4019 Clarblak Ln. 77080
Photo of 1921 Hazard St.: NuHabitat
Wow, that Hazard place is biting the dust eh? Amazing… With the price of land, I can’t believe it’s profitable to buy an existing (nice) place and knock it down. I realize new homes are selling for $$ and they cram them in, but man — the cost basis for the land on each one is tremendous.
That place on Hazard is listed at $325,000. Practically giving it away. Makes me wonder if an investor is selling it at a loss to a construction company he owns. I doubt things like that ever happen.
Argh
That’s expensive land $119per sq ft ($325,000/2,720 sq ft).
That list price is from July 2009. Actual sale price was $315k back then (figures from Redfin website). I lived next door to it until a couple weeks ago. The owner is a developer and he plans to build one or two units.