This 1963 mid-century property in Houston's Shadow Wood neighborhood offers significant flip potential with its sprawling 1.16-acre lot—a rare find in this economic center. At $655/sqft, it's priced well above the area median ($213/sqft), suggesting it's valued primarily for its land rather than the current 2,137 sqft, 4-bed/2.5-bath structure.
Consider a strategic renovation focusing on modernizing while preserving the mid-century character, including the iconic Malm fireplace. Comp data shows strong ROI potential by adding space ($53K value increase) or a bedroom/bathroom ($52K increase). With the property's proximity to Memorial City, City Centre, and Energy Corridor, target buyers seeking large lots in established neighborhoods.