Exceptional opportunity to build your dream home or renovate on a stunning ravine lot in the highly sought-after Riverside Terrace neighborhood. Spanning just under one acre, this expansive property includes an existing 3,950 sqft residence featuring four bedrooms, three and a half bathrooms, formal living and dining areas, a game room, den, study, and separate quarters near the garage. Ideally located just half a block from MacGregor Bayou, the property offers a serene, picturesque setting. Residents can enjoy easy access to Riverside Park, with Hermann and MacGregor Parks also nearby. The scenic bayou trail provides a direct route to Downtown, and the home is conveniently close to the University of Houston, Texas Southern University, the Texas Medical Center, and Downtown Houston.