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Flowerdale Townhomes 1518 Wirt Rd 11 Unit Apartment Building $2,950,000 ($268,182/Unit) Houston, TX 77055
Investment Highlights
- Prime Location: Located in Houston’s desirable Spring Branch area
- Proximity to Key Destinations: • ~15 minutes to Uptown/Galleria • ~20 minutes to Downtown Houston
- Excellent Accessibility: Just minutes from I-10 and Highway 610
- High Occupancy & Rental Appeal: Easy-to-rent units with consistent income potential
Executive Summary
Don’t miss this excellent opportunity to own a fully occupied, gated 11-unit multi-family property in a thriving Houston neighborhood. With strong rental history, solid infrastructure, and a location near major highways and employment centers, this property is perfect for both seasoned and first-time investors.
Schedule your showing today!
Schedule your showing today!
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,950,000 | Building Class | C |
| Price Per Unit | $268,182 | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 12,778 SF |
| No. Units | 11 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1950/2017 |
| Apartment Style | Low-Rise | Parking Ratio | 1.56/1,000 SF |
| Zoning | None | ||
| Price | $2,950,000 |
| Price Per Unit | $268,182 |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 12,778 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2017 |
| Parking Ratio | 1.56/1,000 SF |
| Zoning | None |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 11 | - | 12,778 |
1 1
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (73)
Property Taxes
| Parcel Number | 0770390340002 | Total Assessment | $1,430,009 |
| Land Assessment | $489,405 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $940,604 | Tax Year | 2025 |
Property Taxes
Parcel Number
0770390340002
Land Assessment
$489,405
Improvements Assessment
$940,604
Total Assessment
$1,430,009
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Presented by
Reach Real Estate Group, LLC
Flowerdale Townhomes | 1518 Wirt Rd
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