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Northline Terrace Apartments 122 E Crosstimbers St 51 Unit Apartment Building For Sale Houston, TX 77022

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INVESTMENT HIGHLIGHTS

  • Excellent visibility and access in a growing submarket. Strong in place income, onsite amenities, and high renter demand.

EXECUTIVE SUMMARY

Prime investment opportunity in highly sought after area. Now available: a rare chance to acquire a well-positioned 51-unit apartment complex located in the heart of Houston’s high-demand rental market. This stabilized asset offers a mix of one- and two-bedroom units with strong current occupancy and room to increase rents through strategic upgrades or repositioning. Built with solid construction and thoughtfully maintained, the property features on-site parking, laundry facilities, and green space all in a location that offers easy access to major employment centers, public transit, schools, and retail corridors. Whether you’re a local investor seeking scale or an out-of-state buyer looking to enter the Houston market, this property checks all the boxes: cash flow, appreciation potential, and location.

PROPERTY FACTS

Sale Type Investment
Sale Conditions
1031 Exchange
  • High Vacancy Property
No. Units 51
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 1.27 AC
Building Size 34,996 SF
Average Occupancy 90%
No. Stories 2
Year Built/Renovated 1956/2018
Parking Ratio 1.51/1,000 SF
Zoning N/Ap, Houston - Apartments

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Security System
  • Ceiling Fans
  • Wi-Fi

SITE AMENITIES

  • Courtyard
  • Fenced Lot
  • Laundry Facilities
  • Property Manager on Site

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 35 - 600 - 700
2+1 16 - 750 - 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0690250060245
Land Assessment
$884,000
Improvements Assessment
$2,331,241
Total Assessment
$3,215,241
  • Listing ID: 36669654

  • Date on Market: 7/9/2025

  • Last Updated:

  • Address: 122 E Crosstimbers St, Houston, TX 77022

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