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$1,099,000
Est. payment /mo
2 Beds
1 Bath
6,864 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 6,864 sqft
Price per Sqft $160
Subdivision Green River Gardens
MLS Listing ID 31819841
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1965
Annual Tax Amount $11,727
Tax Year 2025
Property Sub-Type Detached
Property Description
Green River Gardens is a recently refurbished multifamily community originally built in 1965, offering 12 fully occupied units across three buildings on approximately one acre. The property features a desirable mix of one- and two-bedroom units, providing immediate rental income and an established tenant base.
Approximately half an acre of excess land provides significant future development potential, with the opportunity to add approximately 14–21 additional apartment units, subject to zoning, permitting, and applicable approvals.
With recent renovations, full occupancy, and room for expansion, Green River Gardens offers an attractive combination of immediate cash flow and long-term growth potential. Investors can benefit from an established income-producing asset while unlocking additional value through future development.
Key Highlights: 12 occupied units • 3 buildings • 1-acre site • 0.5 acre excess land • Recently refurbished
Approximately half an acre of excess land provides significant future development potential, with the opportunity to add approximately 14–21 additional apartment units, subject to zoning, permitting, and applicable approvals.
With recent renovations, full occupancy, and room for expansion, Green River Gardens offers an attractive combination of immediate cash flow and long-term growth potential. Investors can benefit from an established income-producing asset while unlocking additional value through future development.
Key Highlights: 12 occupied units • 3 buildings • 1-acre site • 0.5 acre excess land • Recently refurbished
Location
State TX
County Harris
Area Northeast Houston
Interior
Heating Wall Furnace
Cooling Other
Fireplace No
Exterior
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
Elementary Schools Elmore Elementary School
Middle Schools Key Middle School
High Schools Kashmere High School
School District 27 - Houston
Others
Tax ID 064-195-015-0015
Disclosures None
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Listed by Nan & Company Properties - Corporate Office (Heights) Carmen Montiel
NEARBY SCHOOL & BUSINESS
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