ΣΧ  Epsilon Xi House Hunt

Property review · mlk-5151

5151 Martin Luther King Blvd

Houston, TX 77021 · Land listing · structure status to verify · Hold

$2,100,000Asking price / reported value1.396 ac60,810 sq ft lotUnknownExisting building69/100Provisional score · 2 unverified categories

Listing: Advertised for sale on Zillow and Redfin; confirm with broker.. Verification: UNVERIFIED listing; ESTIMATED route; UNKNOWN flood; UNKNOWN legal use.

Getting to UH

Closest practical point: Tilman J. Fertitta Family College of Medicine · UH

Quickest observed drive: 0.6 mi · 3 min observed

Peak weekday: 0.6 mi · typically 4 min

Via Martin Luther King Blvd and Medical Cir in a Wednesday usual-traffic observation; not a measured zero-traffic baseline.

Google Maps driving directions · checked 16 Sep 2026

Open live directions

Listing & photos

Source listingSource gallery

Property & potential

Approximately 1.4 acres marketed as vacant or unimproved land less than a mile from the UH College of Medicine. Large enough to warrant a real civil layout study, but $2.1 million before building is 4.2 times the working $500,000 acquisition preference. Redfin public-record fields still show a historic 5,800-square-foot structure; verify physical and demolition status.

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: Because the listing is for land, compare a scaled meeting-facility-first concept with a full lodge and 20-resident build, both with legal parking, detention, utilities and fire access. Before either, reconcile the historic building record and confirm use and flood feasibility. The conceptual 50–75 stall area is only a planning allowance, not a permit or design.

Overall view: Hold. Roughly 1.4 acres close to a UH building is promising for a long-lived site, but $2.1 million land acquisition alone is 4.2 times the working target, a third-party model flags high flood exposure, and recorded use rights and structure status are unresolved. Advance only if a credible funding path, flood/insurance due diligence, title/use clearance and civil concept support it.

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: 29.7041897, -95.333696 (Google Maps address point; parcel boundary, frontage and entrance require survey).

Findings, sources & due diligence

Land status and title · Conflicting records

Zillow classifies this as unimproved land and Redfin as vacant land, but Redfin public-record fields show a 1910, 5,800-square-foot one-story building and a 2018 commercial electrical permit. These may be stale historical records; they do not prove a current building. Listing APN 0410070280004 and L Moore subdivision are not a surveyed title package.

Next: Obtain current survey, HCAD improvement record, demolition/permit records, site photos and title commitment; confirm exactly what conveys.

Source: Zillow listing and Redfin public-record panel View source

Fraternity facility and residential use · Unconfirmed

The land listing and available utilities do not establish lawful fraternity meetings, events or overnight residence. No recorded restrictions, HOA/association instruments, plat notes or easements have been reviewed.

Next: Have title counsel review restrictions and obtain written city/fire feedback for a specific assembly, resident and parking concept.

Source: Zillow listing parcel and subdivision fields View source

Size, access and parking · Potential · untested

The advertised 1.396 acres are roughly 60,810 square feet. A rough allowance for 50–75 surface stalls and aisles is 15,000–22,500 square feet, leaving land for other uses on paper; detention, setbacks, roads, trees and actual geometry can materially reduce capacity. Utilities are advertised as available, not capacity-confirmed.

Next: Survey and engineer a scaled lodge, 20-bed, 50–75-space, fire-access and detention layout; verify utility capacity and curb access.

Source: Redfin lot and utility fields View source

Flood exposure and insurance · Concerning model · official map open

Redfin displays a First Street Flood Factor of 6/10 and modeled 80%+ chance of a flood reaching a building within 30 years. Its building wording may refer to the stale public-record structure. This is neither a FEMA designation nor an insurance quote. Effective FEMA panel, draft MAAPnext, elevations, drainage and loss history remain unverified.

Next: Check FEMA effective panel and MAAPnext parcel footprint, obtain elevation/drainage history and insurer indications for the proposed structure before advancing.

Source: Redfin / First Street climate model View source

Transit and site safety · Rail nearby · walking access open

The listing claims easy access to METRORail, but no nearest station walk or service frequency was verified. METRO publishes rail and route maps. No block-level incident analysis, lighting review or safe road crossing assessment has been done.

Next: Measure the actual walk to the nearest usable bus and rail stops, check frequency and crossings, review localized incidents and visit after dark.

Source: Listing transit claim and METRO rail information View source

Value and 50-year hold · High cost · unpriced

The $2.1 million ask is about $34.50 per advertised land square foot and 4.2 times the working $500,000 acquisition preference before construction. A larger near-UH holding could provide flexibility, but flood exposure, restrictions and lifetime insurance and capital reserves could undermine it. No sold-land appraisal, financing, construction or 50-year operating model exists.

Next: Obtain comparable land sales, civil/build estimates, insurer quotes, financing and post-development tax analysis; model 10-, 25- and 50-year costs.

Source: Zillow and Redfin asking price / lot area 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: 47 points · Preliminary

    Facility and site utility received 47 of 50 points in the finalized Scoring Help assessment. Excellent physical and location potential, but the asking price 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. Excellent physical and location potential, but the asking price 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: 37 points · Preliminary

    Location and UH proximity received 37 of 40 points in the finalized Scoring Help assessment. Excellent physical and location potential, but the asking price 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: 35 points · Preliminary

    Long-term growth potential received 35 of 35 points in the finalized Scoring Help assessment. Excellent physical and location potential, but the asking price 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: 25 points · Unverified

    Parking and access received 25 of 25 points in the finalized Scoring Help assessment. Excellent physical and location potential, but the asking price 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. Excellent physical and location potential, but the asking price 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. Excellent physical and location potential, but the asking price 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: 8 points · Preliminary

    Development burden and readiness received 8 of 15 points in the finalized Scoring Help assessment. Excellent physical and location potential, but the asking price 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.