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60-Unit Garden-Style Apartment Community
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12845 Market St, Houston, TX 77015

Garden-style multifamily community with two-story buildings, townhome-style units, and an on-site laundromat.

Property Size44,540 SF
Days on Market198

Property Features for 12845 Market St

General Information

Standard status Active
Size 44,540 SF
Property subtype MultiFamily Apartments

Building Details

Building Size 44,540 SF
Year Built 1964
Listing Agency: LE-Commercial
Listed By: Francois Le
Source: Thebrokerlist
Added: Feb 18 Changed: Sep 2 Last Checked: Aug 30 at 9:06PM

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 LE-Commercial

Investment Insights

Based on property information with market context.

La Fiesta Apartments is a 60-unit garden-style apartment community spanning 3.12 acres. The property includes five two-story buildings, with some residences arranged in a townhome-style configuration. An on-site laundromat provides an additional operating feature for residents, and the community has recorded historical occupancy above 90%. Built in 1964, the property presents an established multifamily configuration with a renovation plan identified in the source information.

The community is positioned off Market St near Interstate I10 East, with access toward the Port of Houston and regional employment centers. Woodland Acres Elementary and Woodland Acres Middle School are located less than half a mile away. National credit retail stores are also referenced in the surrounding area.

Key Highlights

  • 60‑unit apartment community on 3.12 acres
  • Five two‑story garden‑style buildings
  • Some residences feature a townhome‑style layout

Property Analytics

Current Use

Lafiesta Apartment Complex

Suggested Use

Top Pick Real Estate Agency HVAC Service Skin Care Clinic Electrical Service Law Firm Garden Center

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

896
Businesses Nearby

Demographics for 77015, TX

57,106
Population
19,961
Households
2.9
Avg Household Size
31
Median Age
11%
College-Educated
70%
High-School Grad
20.7 sq mi
ZIP Area
2,759
Density / Sq Mi
$57,324
Median Household Income
$34,477
Median Earnings
$1,169
Median Rent
$164,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Garden-style multifamily community with two-story buildings, townhome-style units, and an on-site laundromat.
Where is this apartment building located?
The property is located at 12845 Market St Houston, TX.
What are key features of this property?
This property features: 60‑unit apartment community on 3.12 acres; Five two‑story garden‑style buildings; Some residences feature a townhome‑style layout
More about this property
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