$1.7M EBITDA Real Estate unique Opportunity in Houston TX

Sometimes the best opportunities come when a project doesn’t go as planned. One of our clients owns a 52-unit townhome development in a very central area of Houston. The project started strong, but the owners ended up fighting each other and now they simply want out. Their loss creates a great entry point for the right investor. Here’s the play: you can step in and pick up the entire lot for $2.5MM. With about $700K to finish utilities and streets, you’re all in at roughly $3.2MM. From there, you’ve got two clear paths: Flip the lots individually. Even pricing them at a conservative $95K per lot (below the initial $110K target), the math works out to about $4.9MM in sales, leaving around $1.7MM in profit. Or build the homes. This route takes longer, but the upside is significantly bigger. The comps in the area make it clear there’s strong demand, and Houston’s growth story is only getting stronger. Here’s the original project deck from when the development started: https://docsend.com/view/c2ja74i4hp75epak This is one of those rare moments where timing, location, and seller motivation line up. If you’re an investor looking for a Houston deal with multiple exit strategies and serious profit potential, let’s talk.