ΣΧ  Epsilon Xi House Hunt

Property review · griggs-3629

3629 Griggs Rd

Houston, TX 77021 · Existing structure · marketed as land · Conditional

$500,000Asking price / reported value0.5091 ac22,176 sq ft lotUnknownExisting building56/100Provisional score · 2 unverified categories

Listing: Listed for sale in the cited listing; reconfirm before any action. Verification: UNVERIFIED listing; ESTIMATED route; UNKNOWN flood; UNKNOWN legal use.

Getting to UH

Closest practical point: UH Lot 8A · Cullen Boulevard entrance

Quickest observed drive: 1.3 mi · 4 min observed

Peak weekday: 1.3 mi · typically 4–6 min

Via Scott Street and North MacGregor Way. Google Maps snapshot for a Wednesday midday departure; this is a low-traffic observation, not a guaranteed traffic-free time.

Google Maps directions · checked 16 Sep 2026

Open live directions

Listing & photos

Source listingSource gallery

Property & potential

An approximately half-acre Tierwester parcel with an existing structure. The seller markets it as teardown-ready land. This is a previously discussed option, entered to start the comparison; its suitability for chapter use is unresolved.

Building: UNKNOWN sq ft · Year built: UNKNOWN — research pending · Beds/baths: UNKNOWN — research pending / UNKNOWN — research pending

Parking, housing, chapter/event capacity: UNKNOWN parking; UNKNOWN housing. Read the findings below; no legal capacity is inferred.

Potential plan: No site concept has been prepared. If restrictions allow the intended use, a survey and architect/civil layout should test legal occupancy, parking and drainage before any investment conclusion.

Overall view: The parcel is worth documenting because it has a clear listing and a meaningful lot, but the stated deed/subdivision restrictions are an early and potentially decisive barrier. We cannot yet say fraternity housing or a facility is permissible or that the $500,000 ask represents good value.

Flood, legal use & transit

Flood: UNKNOWN; FEMA and Harris County status must be checked by parcel. Flood-insurance quote: UNKNOWN.

Deed/HOA restrictions: UNKNOWN; fraternity residential/assembly use: UNKNOWN.

Transit: UNKNOWN — review listing notes and METRO source. Safety: Site-specific assessment not established unless recorded below.

Location pin: 29.7061166, -95.3622282 (Approximate listing map center (Redfin); survey placement pending).

Findings, sources & due diligence

Permitted chapter use · Major question

The listing identifies deed and subdivision restrictions and describes possible use as single-family. The recorded instruments have not been reviewed. Meetings, events, and group housing require separate use and code review.

Next: Obtain the title commitment and all recorded restrictions; have counsel review them and submit the proposed uses to permitting staff.

Source: Listing details View source

Size and program · Preliminary

The listing reports 22,176 square feet (0.5091 acre). That is below the earlier preferred 0.75–1 acre range. No scaled plan has tested a chapter building, resident count, fire access, drainage and parking together.

Next: Confirm area by survey and commission a concept site plan only if use restrictions permit the program.

Source: Listing details View source

Flood and insurance · Unverified

No parcel-level effective FEMA determination, draft risk review, site drainage history, or insurance indication is recorded here. Being outside a mapped flood zone, if established, would not mean zero flood risk.

Next: Check effective FEMA panel, Harris County draft map, local drainage and prior losses; obtain property and flood insurance indications.

Source: FEMA and MAAPnext checks pending View source

Transit and safety · Unverified

Rail and bus access, service to UH, nearby reported incidents, lighting, and evening conditions have not yet been measured. A citywide or ZIP-code score would be too coarse for this decision.

Next: Measure walks to stops and actual service; review local incident data and visit at relevant times.

Source: METRO and site review pending View source

Value and durability · Uncosted

The $500,000 ask is only land/structure acquisition. The listing says the existing home is teardown-ready and the property is in probate. Demolition, legal use, site work, improvements, taxes, insurance, reserves and a 50-year plan are unresolved.

Next: Resolve title/probate and lawful use first, then compare sold parcels and obtain a full project budget.

Source: Listing details View source

Owner diligence statuses and private notes are available in the interactive review; the public page presents the source-backed findings above.

Score categories

The eight-category model totals 250 raw points and is normalized to 100. Unknown evidence lowers confidence and does not override a feasibility barrier.

  1. utility: 35 points · Preliminary

    Facility and site utility received 35 of 50 points in the finalized Scoring Help assessment. Strong location and useful acreage, but the working redevelopment scenario exceeds the $650,000 ceiling.

    Evidence: Finalized Epsilon Xi Scoring Help assessment dated 2026-09-21; underlying property facts remain subject to the listed verification status.
  2. value: 0 points · Preliminary

    Value and financial fit received 0 of 45 points in the finalized Scoring Help assessment. Strong location and useful acreage, but the working redevelopment scenario exceeds the $650,000 ceiling.

    Evidence: Finalized Epsilon Xi Scoring Help assessment dated 2026-09-21; underlying property facts remain subject to the listed verification status.
  3. location: 35 points · Preliminary

    Location and UH proximity received 35 of 40 points in the finalized Scoring Help assessment. Strong location and useful acreage, but the working redevelopment scenario exceeds the $650,000 ceiling.

    Evidence: Finalized Epsilon Xi Scoring Help assessment dated 2026-09-21; underlying property facts remain subject to the listed verification status.
  4. growth: 27 points · Preliminary

    Long-term growth potential received 27 of 35 points in the finalized Scoring Help assessment. Strong location and useful acreage, but the working redevelopment scenario exceeds the $650,000 ceiling.

    Evidence: Finalized Epsilon Xi Scoring Help assessment dated 2026-09-21; underlying property facts remain subject to the listed verification status.
  5. parking: 19 points · Unverified

    Parking and access received 19 of 25 points in the finalized Scoring Help assessment. Strong location and useful acreage, but the working redevelopment scenario exceeds the $650,000 ceiling.

    Evidence: Finalized Epsilon Xi Scoring Help assessment dated 2026-09-21; underlying property facts remain subject to the listed verification status.
  6. flood: 10 points · Unverified

    Flood resilience received 10 of 20 points in the finalized Scoring Help assessment. Strong location and useful acreage, but the working redevelopment scenario exceeds the $650,000 ceiling.

    Evidence: Finalized Epsilon Xi Scoring Help assessment dated 2026-09-21; underlying property facts remain subject to the listed verification status.
  7. safety: 10 points · Preliminary

    Safety received 10 of 20 points in the finalized Scoring Help assessment. Strong location and useful acreage, but the working redevelopment scenario exceeds the $650,000 ceiling.

    Evidence: Finalized Epsilon Xi Scoring Help assessment dated 2026-09-21; underlying property facts remain subject to the listed verification status.
  8. development: 3 points · Preliminary

    Development burden and readiness received 3 of 15 points in the finalized Scoring Help assessment. Strong location and useful acreage, but the working redevelopment scenario exceeds the $650,000 ceiling.

    Evidence: Finalized Epsilon Xi Scoring Help assessment dated 2026-09-21; underlying property facts remain subject to the listed verification status.