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103 Summer Pl - Summer Place Cottages 1,100 SF Flex Condo Unit Offered at $2,250,000 in Huntsville, TX 77340

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Investment Highlights

  • New Construction property 2.026 Acres with Detention, 16-units residential duplexes with a Home-Style Feel
  • Premier property features thoughtfully designed amenities to include private fenced in yards along with modern living experiences.
  • Located 4 minutes off I-45 outside the Huntsville City Limits, no zoning, with close proximity to all amenities.

Executive Summary

Summer Place Cottages with a Home-Style Feel is a newly developed 2.026 acre community housing 16-units residential duplexes under construction in 2026 in Huntsville, Texas. This premier property features thoughtfully designed amenities to include private fenced in yards along with modern living experiences to allow its residents the highest standards of quality and providing residents with exceptional living environment. The Huntsville area has experienced relatively steady growth over the past several years and possesses the positive attributes necessary to continue growing into the future. Huntsville's stability, its proximity between Houston and Dallas/Fort Worth, and it accessibility from IH-45 have created a more diverse economy and a favorable impacted its future growth and economic potential. The slow but steady trend of expansion of the economic base is anticipated to continue over the foreseeable future. This Steady expansion should help maintain a relatively good balance in most forms of real estate. Exceptional Location, located 4 minutes off I-45 in Huntsville 7.4 Miles from Sam Houston State University. High-Quality, Modern Construction. Subject is not located in FEMA flood zone Strong Demand & Upside Potential Sustained Long-Term Value Appreciation

Property Facts

Total Building Size 1,100 SF
Property Type Multifamily (Condo)
Floors 1
Typical Floor Size 1,100 SF
Year Built 2026
Lot Size 2.26 AC
Zoning none

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Crown Molding
  • Kitchen
  • Granite Countertops
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Yard
  • Double Pane Windows
  • Family Room
  • Island Kitchen
  • Lawn
  • Linen Closet
  • Pantry
  • Patio
  • Porch
  • Smoke Free
  • Large Bedrooms

Site Amenities

  • 24 Hour Access
  • Wheelchair Accessible
  • Maintenance on site
  • Individual Locking Bedrooms
  • Private Bathroom
  • Fiber Optic Internet

1 Unit Available

Unit 8

Unit Size 1,100 SF
Price $2,250,000
Price Per SF $2,045.45
Condo Use Flex
Sale Type Investment
Cap Rate 6.75%
NOI $151,875
No. Parking Spaces 3
Sale Conditions 1031 Exchange, Bulk/Portfolio Sale
Description

Property has 16-unit duplexes on 2.026 acres with Detention.  Single story, split floor plans.  Living on each side of the home.  Large island kitchen with pantry with 42" cabinets, stainless steel appliance, dining room that leads to private covered patio, laundry room with hook-ups.

Sale Notes

Builder direct Pricing for Asset Repositioning:  Trade or 1031-Exchange your raw land into high-yielding, passive-income properties that actually "Earn an Income" and eliminate overhead. Utilize 100% bonus depreciation to write off significant portions of the acquisition cost in year one

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Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 16 $1,500 1,118
  • Listing ID: 39696543

  • Date on Market: 3/7/2026

  • Last Updated:

  • Address: 103 Summer Pl, Huntsville, TX 77340

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