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Investment Highlights

  • Seller financing available with low down options (~$25K–$50K on select units)
  • Value-add opportunities with leasing upside and potential rent growth
  • Units from 738–797 SF with layouts suitable for office, medical, and professional use
  • Income-producing units available (~$1,400/month) with immediate cash flow potential
  • Owner-user options with street-facing visibility or lower-cost back / second-floor units; select units may also be available for lease
  • Located in Humble / NE Houston growth corridor with demand for small office space

Data Room Click Here to Access

Property Facts

Total Building Size 9,210 SF
Property Type Office
Building Class B
Floors 2
Typical Floor Size 4,605 SF
Year Built 2008
Lot Size 3.35 AC
Parking Ratio 3.26/1,000 SF

Amenities

  • 24 Hour Access
  • Property Manager on Site

5 Units Available

Unit 1.206

Unit Size 738 SF
Price $99,900
Price Per SF $135.37
Condo Use Flex
Sale Type Investment or Owner User
Description

UNIT 206, Building 3 – ENTRY-LEVEL OPPORTUNITY ($99,900)
OWN A COMMERCIAL OFFICE CONDO FOR UNDER $100K
Price: $99,900
Size: 738 SF
Private balcony with water view
One of the lowest entry points for commercial ownership in the area.
WHY THIS UNIT WORKS

  • Ideal for first-time investors or owner-users
  • Flexible use: occupy or lease
  • Lower basis allows for strong upside potential
    This is an as is unit that is customizable to your vision.

    SELLER FINANCING EXAMPLES:
    $25,900 down
    $74,000 financed
    8.95% interest
    3-year balloon
    or
    $44,900 down
    $55,000 financed
    7.95% interest
    3-year Balloon

    Accessible entry compared to traditional commercial purchases.

    UPSIDE POTENTIAL
  • Lease at market rates to generate income
  • Benefit from demand for small office spaces
    Opportunity to increase value through occupancy

Sale Notes

Property sold as-is. Buyer to verify all information independently.

Unit 2.102

Unit Size 797 SF
Price $149,900
Price Per SF $188.08
Condo Use Flex
Sale Type Investment or Owner User
Cap Rate 9.50%
NOI $14,240.50
Description

UNIT 102, Building 3 – INCOME-PRODUCING INVESTMENT (~9.5%+ CAP)
LEASED UNIT – IMMEDIATE CASH FLOW

Price: $149,900
Rent: ~$1,400/month
NOI: ~$14,240

Tenant in place – income from day one

WHY THIS UNIT WORKS

  • Stabilized investment with existing tenant
  • No leasing downtime or setup required
  • Strong yield for a small commercial asset

    SELLER FINANCING EXAMPLE

    ~$49,000 down
    ~$100,900 financed
    ~7.95% interest
    3-year balloon

    Cash-flowing asset with accessible entry

    INVESTMENT PROFILE

  • Suitable for passive investors
  • Predictable monthly income
    Lower price point compared to typical commercial assets

Sale Notes

Asking Price: $149,900
Current Rent: approx. $1,400/month (tenant occupied)
Approx. ROI / Cap Rate: 9.5%+ (based on current rent and operating costs)
Seller Financing Example (terms vary):
$49,000 down
$100,900 seller financing
7.95% interest
3-year balloon

Floor Plan
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Unit 3.101

Unit Size 797 SF
Price $159,000
Price Per SF $199.50
Condo Use Office/Medical
Sale Type Investment or Owner User
Sale Status Under Contract
Description

UNDER CONTRACT: Unit 101-3 | Townsen Evergreen Plaza – Leased Income-Producing Corner Office Condo (Investor Only) Street-facing, first-floor corner commercial office condo offered as a stabilized investment with a tenant already in place. The unit is currently leased at approximately $1,400/month, providing immediate rental income from day one.
The suite features a functional professional layout including a lobby / flex area, three private offices, a private restroom, and a private kitchenette supporting strong long-term tenant usability and retention. The current tenant operates as a medical office, reinforcing the unit’s suitability for quiet, client-based commercial occupancy.
An excellent option for investors seeking a smaller commercial asset with stable income in a well-located Humble (Houston area) office condo development.
Lease terms and additional financial details available upon request.

Sale Notes

Asking Price: $159,000
Current Rent: approx. $1,400/month (tenant occupied)
Seller Financing Example (terms vary):
$60,000 down
$99,000 seller financing
7% interest
3-year balloon

Floor Plan
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Unit 4.103

Unit Size 797 SF
Price $155,000
Price Per SF $194.48
Condo Use Flex
Sale Type Investment or Owner User
Description

UNIT 103, Building 3 – RECENTLY LEASED | STRONG DEMAND

FIRST-FLOOR UNIT | LEASING VELOCITY PROOF

Size: 797 SF
Status: Recently Leased

This unit was recently leased, demonstrating strong demand for similar office condos in the project.

WHY THIS MATTERS

  • Confirms demand for small office / professional spaces
  • Supports rental range of ~$1,300–$1,500/month
  • Reinforces income assumptions for available units

    MARKET SIGNAL

  • Units lease quickly when priced correctly
  • Consistent tenant demand in this location
  • Validates investment potential for similar units

    OPPORTUNITY

  • Comparable units may still be available for purchase
  • Potential to lease and generate income
    Suitable for investors or future owner-users

    ADDITIONAL INFO

    This unit is no longer available
    Other units available with similar layouts and pricing
    Contact for current availability and leasing projections

Floor Plan
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Unit 5.204

Unit Size 738 SF
Price $99,900
Price Per SF $135.37
Condo Use Flex
Sale Type Investment or Owner User
Description

UNIT 204, Building 3 – SOLD | STRONG BUYER DEMAND

SECOND-FLOOR BALCONY UNIT

Sale Price: $99,900
Size: 738 SF

Successfully sold — confirming strong demand at current pricing levels

WHY THIS MATTERS

  • Buyers are actively purchasing units in this project
  • Confirms market acceptance in the $100K–$150K range
  • Reinforces value of remaining available units

    MARKET SIGNAL

  • Affordable office condos are moving
  • Limited inventory remains available
  • Similar units continue to attract interest

    Demand is active, not theoretical

    OPPORTUNITY

  • Comparable units still available for purchase
  • Entry pricing starting around $99K
    Suitable for both investors and owner-users

    Early buyers are securing positions while inventory is still available

    ADDITIONAL INFO
    This unit is sold
    Contact for current availability and best-fit opportunities

Floor Plan
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 39012839

  • Date on Market: 1/8/2026

  • Last Updated:

  • Address: 20550 Townsen Blvd, Humble, TX 77338

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