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20-Unit Renovated Apartment Building
For Sale
Contact for pricing
Pending

23450 Johnson Rd, New Caney, TX 77357

Three-building property offers one- and two-bedroom floor plans with updates completed in 2021.

Property SizeContact for details
Lot Size2.00 Acres
Days on Market142

Property Features for 23450 Johnson Rd

General Information

Standard status Pending
Lot size 2.00 Acres
Property subtype Multifamily

Units

Unit Mix 5 x 1BR/1BA, 5 x 2BR/1BA, 10 x 2BR/2BA
Multifamily Units 20

Building Details

Year Built 2007
Year Renovated 2021
Buildings 3
Listing Agency: Eastwood Realty
Listed By: Loren Miner · License #TX 688074
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:10AM

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 Eastwood Realty

Investment Insights

Based on property information with market context.

This 20-unit apartment property occupies 2 acres and includes three buildings arranged across the site. Two buildings are one story and positioned toward the front, while a two-story building is located at the rear. The improvements were constructed in 2007 and renovated in 2021.

The unit mix includes five 1-bedroom, 1-bath units in Building A; five 2-bedroom, 1-bath units in Building D; and ten 2-bedroom, 2-bath units in Building C. A proposal has been identified for adding 8 new 2-bedroom units, providing a documented expansion concept for the property.

Key Highlights

  • 20‑unit apartment property on 2 acres
  • Built in 2007 and renovated in 2021
  • Three‑building layout with two one‑story buildings and one two‑story building

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Plumbing Service Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store Storage Facility Cafe & Coffee Shop

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

Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

172
Businesses Nearby

Demographics for 77357, TX

30,339
Population
12,638
Households
2.4
Avg Household Size
34
Median Age
15%
College-Educated
80%
High-School Grad
67.1 sq mi
ZIP Area
452
Density / Sq Mi
$73,773
Median Household Income
$40,211
Median Earnings
$1,366
Median Rent
$218,800
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 - Three-building property offers one- and two-bedroom floor plans with updates completed in 2021.
Where is this apartment building located?
The property is located at 23450 Johnson Rd New Caney, TX.
What are key features of this property?
This property features: 20‑unit apartment property on 2 acres; Built in 2007 and renovated in 2021; Three‑building layout with two one‑story buildings and one two‑story building
(713) 714-3088 Call to check price and availability
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