Prime 15,000 sq.ft. corner lot (100'x150') located in the prestigious neighborhood of West University Place is ready for new construction or home remodel; new construction being erected throughout the neighborhood. Enter the massive Oak tree lined lot through the automatic gate and private drive from Carnegie Street. Property has great bones with brick on 4 sides should you decide to remodel and dwell in the home (property is livable and currently tenant occupied through May). The sprawling estate encompasses 2 large living spaces, dining room, 3 ample bedrooms and stainless kitchen appliances. Remodel contractors and builders on standby--live in it now, flip later, lease out, or tear down existing structure and build new. Close proximity to Rice Village, Rice University, The Museum District and Medical Center. Multiple private schools near by and property zoned to Lamar HS, Pershing Middle School, and West University Elementary School.