For Sale

$1,400,000

HIGHLIGHTS:
  • Active
  • $18,711/month
  • 137 DOM
  • 2 Stories
  • 0 Beds
  • 18,000 SqFT
Description

Discover the ultimate multifamily investment opportunity! Presenting 12 fully occupied units that have been recently remodeled, located in a gated community, covered parking, green space with an outside cover patio, playground. 2 additional units are to-be-built. Each unit has a different unique layout and each unit offers amenities such as tile and laminate floors, and high efficiency washers and dryers. Units mix are 1 bedroom with 1.5 bathrooms to 3 bedrooms with 2 bathrooms. 25 Parking spots ~ 18 covered 7 uncovered. This prime property boasts exceptional accessibility, with convenient access from State Highway 35 (Telephone Road), I-45 South, Beltway 8, and I-610. Property is located close to all major shopping centers, Downtown Houston, and HISD schools. The property is situated in a favorable Flood Zone X, providing added peace of mind. With all the essential elements in place, this turnkey opportunity is too good to miss.

Overview
  • MLS Number: 11055633
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 18,000 SqF
  • Land Size: 34,160 sqft
  • Year Built: 1982
Financial
Price:
$1,400,000
Price/SqFT:
$77.78
Original Price:
$1,750,000
Reduced $:
$350,000
Reduced On:
Oct 18th, 2025
Reduced %:
20.00 %
HOA Fee:
Tax Rate:
2.21736 %
Est. Monthly:
$18,711 *
Tax Amount:
$31,043
Amenities and features
  • Controlled Subdivision
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Countertop:
    Granite
    Heating:
    Central Electric
    Cooling:
    Central Electric
    Disposal:
    Yes
    Microwave:
    Yes
    Dishwasher:
    Yes
    Energy Feature:
    Ceiling Fans
  • Roof:
    Composition
    Lot Description:
    Cleared
    Parking Unit:
    One
    Parking:
    Carport Parking
    Access:
    Driveway Gate

Listed By:
Jessica Castillo

Independence Real Estate, Inc.

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