3415 Twp Grv LnHouston, TX 77082

For Sale
$7,500,000

14 Townhomes + 40 Buildable Lots

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional Houston, TX investment property offers immediate cash flow from 14 existing townhomes (2,350-2,600 sq ft, built 2019) with long-term tenants. The portfolio also includes 14 ready-to-build lots with approved plans and permits, and an additional 26 fully permitted vacant lots, all located in the desirable 77082 zip code. This prime location provides easy access to major employment centers like the Energy Corridor and Westchase District, as well as abundant retail and recreational amenities at CityCentre and Memorial City. The property's strategic positioning in a rapidly growing area of Houston, the fourth-largest city in the US, presents a significant opportunity for immediate returns and long-term capital appreciation. The existing townhomes provide a stable cash flow, while the buildable lots offer the potential for substantial expansion and increased value. All lots are cleared and permitted, minimizing development lead times and upfront costs. This turnkey investment is ideal for those seeking a diversified portfolio with both immediate income and future development potential. The property's scale allows for economies of management and development, maximizing efficiency and profitability. This is a rare opportunity to acquire a substantial mixed-use portfolio in a thriving Houston neighborhood.

Highlights

  • 14 high-quality townhomes (2,350-2,600 sq ft, built 2019) provide immediate cash flow with long-term tenants and rental appreciation potential.
  • 40 permitted lots (14 ready-to-build with approved plans, 26 vacant) minimize development time and costs in the desirable 77082 zip code.
  • Prime Houston location offers easy access to major employment centers (Energy Corridor, Westchase District) and amenities (CityCentre, Memorial City).
  • Excellent access to major roads, shopping, and community amenities.
  • Turnkey investment with high occupancy rates in a rapidly growing area.
  • Approved building plans and permits allow for immediate new construction, increasing portfolio value.

Property Details for 3415 Twp Grv Ln

Property type
Other mixed-use properties, Other land
Year Built
2019
Units
14

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.725289206989
Longitude
-95.604190674894
3415 Twp Grv Ln, Houston, Texas
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3415 Twp Grv Ln
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