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Apartment Building with Approved Plans
For Sale
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1317 Hawthorne Street, Houston, TX 77006

Approved plans and permits support reconstruction of the stripped interior.

Property SizeContact for details
Days on Market57

Property Features for 1317 Hawthorne Street

General Information

Standard status Active
Property subtype Multifamily

Property Condition

Severity Major Repairs Needed
Evidence stripped to the studs

Site & Location

Neighborhood Neartown - Montrose

Units

Unit Mix 6 x 2BR/1BA, 6 x 1BR/1BA
Multifamily Units 12

Building Details

Year Built 1950
Listing Agency: Real Brokerage, LLC
Listed By: Todd Anderson · License #753227
Source: Crexi
Added: Aug 31 Changed: Oct 25 Last Checked: Oct 24 at 5:20PM

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 Real Brokerage, LLC

Rey
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Investment Insights

Based on property information with market context.

This 12-unit apartment property in Houston’s Montrose area was built in 1950 and is being offered in its current condition. The planned configuration includes six two-bedroom, one-bath apartments and six one-bedroom, one-bath apartments. Interior improvements have been removed to the studs, creating a property requiring reconstruction rather than finished-unit occupancy.

Permits and approved drawings are already in place for the rebuild. The property is near Westheimer shops and restaurants and within walking distance of St. Thomas University. Rice University, downtown Houston, and the Texas Medical Center are also identified as nearby destinations. The sale is offered as-is.

Key Highlights

  • 12‑unit apartment property in Houston’s Montrose area
  • Unit mix includes six 2‑bedroom, 1‑bath units and six 1‑bedroom, 1‑bath units
  • Built in 1950

Property Analytics

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Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

3,006
Businesses Nearby

Demographics for 77006, TX

24,129
Population
16,654
Households
1.4
Avg Household Size
36
Median Age
80%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
10,491
Density / Sq Mi
$102,003
Median Household Income
$73,275
Median Earnings
$1,761
Median Rent
$599,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Approved plans and permits support reconstruction of the stripped interior.
Where is this apartment building located?
The property is located at 1317 Hawthorne Street Houston, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 12‑unit apartment property in Houston’s Montrose area; Unit mix includes six 2‑bedroom, 1‑bath units and six 1‑bedroom, 1‑bath units; Built in 1950
(832) 594-2712 Call to check price and availability
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