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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



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 | Typical Floor Size | 1,100 SF |
| Property Type | Multifamily (Condo) | Year Built | 2026 |
| Floors | 1 | Lot Size | 2.26 AC |
| Zoning | none | ||
| 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 | Cap Rate | 6.75% |
| Price | $2,250,000 | NOI | $151,875 |
| Price Per SF | $2,045.45 | No. Parking Spaces | 3 |
| Condo Use | Flex | Sale Conditions | 1031 Exchange, Bulk/Portfolio Sale |
| Sale Type | Investment |
| 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
Front
Interior
Side View of Community
Evening View
Enscape
another view dentention
Dentention View
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 16 | $1,500 | 1,118 |
Presented by
Longmire WhiteOak Development
103 Summer Pl - Summer Place Cottages
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