Exceptional opportunity in the heart of Southgate for new construction or a thoughtful restoration. This rare double lot offers 15,457 sq. ft. (per HCAD) on tree-lined University Boulevard, directly across from Rice University. The existing 3,902 sq. ft. (HCAD) 1938 residence features timeless architectural character, generous room sizes, and a pool, providing compelling renovation potential. However, the property is being marketed for land value and sold as-is, with no repairs by seller. A premier location with walkability to the Medical Center, Rice Village, and Herman Park—an ideal site for your vision in one of Houston’s most sought-after communities.