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6740 Peerless St
Houston, TX 77021
Peerless Court SFR Portfolio · Multifamily Property For Sale · 7 Units

Investment Highlights

  • 257 Nearby Homes Being Built
  • New Construction
  • Inne Loop Houston
  • Near Texas Medical Center
  • Short Term Rental Potential

Executive Summary

This newly constructed development is conveniently located just minutes from the Medical Center, Downtown, and the University of Houston and Texas Southern campuses. It is surrounded by 257 homes currently in development within a quarter mile of the area, ensuring a vibrant and growing community. An appraisal in hand values one home at $429,000, with a remarkably low 0-3% rental vacancy rate in the area. Two units have already been pre-leased. Available for indivdiual purchase. Situated less than a mile from the new 52-acre Levit Green development by Hines, the location offers access to retail, dining, and outdoor areas. Additionally, it's less than two miles from the upcoming TMC3 Medical Center development, a 37-acre mixed-use project that will create 23,000 permanent jobs in the area. Peerless Court offers modern living with first-floor layouts and luxurious finishes, including engineered hardwood floors, Quartz countertops, stainless steel appliances, and sleek shaker cabinets and hardware. The primary bedroom boasts an expansive walk-in closet and a stunning bathroom with a walk-in shower and a freestanding tub. Each home features private driveways and generous backyard spaces with unlimited potential. This prime location and exquisite construction make Peerless Court a premier choice for modern urban living, making it a great investment for long-term or short-term Single Family Rental (SFR). Call Broker For Pricing.

Property Facts

No. Units 7
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Townhome
Lot Size 0.30 AC
Building Size 12,769 SF
Average Occupancy 86%
No. Stories 3
Year Built 2024
APN / Parcel ID
1468320010001
  • 1468320010002
  • 1468320010003
  • 1468320010004
  • 1468320010005
  • 1468320010006
  • 1468320010007
Zoning Residential

Amenities

Site Amenities

  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3.5 7 $3,100 1,777 - 1,888
  • Listing ID: 31935444

  • Date on Market: 5/27/2024

  • Last Updated:

  • Address: 6740 Peerless St, Houston, TX 77021

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