Building Details

Year Built 1976

Units 80

Listing Agency: m***@nmrk.com Show Phone

Listed By: Matt Saunders

Source: Nmrk

Added: Jan 27 Changed: Aug 12 Last Checked: Aug 13 at 4:13AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matt Saunders

Investment Insights

Based on property information with market context.

Woodway Garden Townhomes presents a value-add opportunity. The property maintains impressive occupancy performance with no nearby supply. There is the ability to upgrade 85% of the units. The location benefits from affluent nearby demographics.

Key Highlights

• Proven value‑add opportunity with ability to upgrade 85% of units.
• Impressive occupancy performance with no nearby supply.
• Ability to bridge rent gap between comparable properties.

Property Analytics

Property Profile

Current Use

Experts Remodeling General Contractor Woodway Garden Apartment Building Houston Custom Designworks Home Decor Store

Suggested Use

Top Pick HVAC Service Daycare Center Parking Lot & Garage Carpet & Flooring Store Electrical Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,387

Businesses Nearby

Explore this area Business Placement

Demographics for 77063, TX

38,298

Population

22,625

Households

1.7

Avg Household Size

35

Median Age

48%

College-Educated

92%

High-School Grad

4.5 sq mi

ZIP Area

8,511

Density / Sq Mi

$54,509

Median Household Income

$40,346

Median Earnings

$1,334

Median Rent

$281,300

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Value-add opportunity in Houston's Woodway Garden Townhomes.

Where is this apartment building located?

The property is located at 8003 Woodway Drive Houston, TX.

What are key features of this property?

This property features: Proven value‑add opportunity with ability to upgrade 85% of units.; Impressive occupancy performance with no nearby supply.; Ability to bridge rent gap between comparable properties.