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Sale of 0.322-Acre Surplus City Land to AMA Capital Systems LLC for $203,600

  • When: 2025/10/07
  • Address: 0 Crosby Fwy E
  • City: Houston
  • State: TX
  • Category: City Properties
  • Subcategory: Property Sale
  • Asset Class: Land
  • Size (SF): 13939 SF
  • Size (AC): 0.322 AC
  • Size (Dollars): $203,600.00

The City of Houston approved the sale of a ±0.322-acre (13,939 sq. ft.) tract of land, identified as Parcel SY22-045, located at 0 Crosby Fwy E. This land, previously acquired by the city in 1996 as a well site, was determined to be surplus to the needs of Houston Public Works – Houston Water – Drinking Water Operations. After being canvassed among city departments with no interest, the property was advertised for public bid sale. AMA Capital Systems LLC was selected as the winning bidder with a bid of $203,600.00, significantly exceeding the appraised fair market value of $78,127.00. The sale is in accordance with Section 2-236 of the City of Houston Code of Ordinances, which allows for the sale of unneeded city land to the highest bidder upon City Council authorization.

Source

Ownership - City of Houston, Texas


Developer - AMA Capital Systems, LLC