Houston Multifamily Investment
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2811 BROAD ST, Houston, TX 77087
Two-story apartment community in Houston's Gulgate-Pine Valley neighborhood.
Property Size27,176 SF
Days on Market105
Property Features for 2811 BROAD ST
General Information
Standard status
Active
Size
27,176 SF
Class
C
Total Parking Spaces
41
Property subtype
Multifamily
Building Details
Year Built
1964
Year Renovated
2022
Buildings
5
Stories
2
Units
41
Listing Agency:
KET Enterprises Incorporated
Listed By:
Tom Wilkinson · License #173897-B
Source:
Crexi
Added: May 22
Changed: Aug 31
Last Checked: Sep 1 at 9:22PM
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 KET Enterprises Incorporated
Investment Insights
Based on property information with market context.
The Oak Acres Apartments, located in the Gulgate-Pine Valley neighborhood within the U of H/I-45 South submarket of Southeast Houston, Texas, is a two-story garden-style apartment community. Constructed in 1964, the property underwent renovations in 2022, according to HCAD. The property features fully equipped kitchens, carpeted bedrooms, heating, and patios/balconies. Some tenants are responsible for electricity, while the property covers water, gas, and trash expenses. A building roof was installed in 2022, and the remaining roofs were installed in 2020; all are reported to be in good condition. Dual heat/cooling units were installed in the majority of units over 2025/2026. Approximately 350 feet of sewer pipes were replaced throughout the property in 2023 and 2024, and there are reportedly no plumbing issues. The laundry room was updated in 2022, and two new water heaters were installed in 2024. Exterior work completed in 2025 included fascia and soffit repairs and paint, as well as concrete work on patio landings where required. The property size is 27176 square feet.
Key Highlights
- Recent Renovations (2022‑2026): Updated units and common areas.
- Updated Infrastructure: Features roof replacements (2020, 2022) and sewer pipe replacement (2023, 2024). New water heaters installed in 2024.
- Dual Heat/Cooling Units: Most units have updated HVAC systems (installed 2025/2026).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
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Business Placement
Demographics for 77087, TX
34,654
Population
12,400
Households
2.8
Avg Household Size
35
Median Age
12%
College-Educated
63%
High-School Grad
6.6 sq mi
ZIP Area
5,251
Density / Sq Mi
$53,624
Median Household Income
$32,927
Median Earnings
$1,015
Median Rent
$148,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story apartment community in Houston's Gulgate-Pine Valley neighborhood.
Where is this apartment building located?
The property is located at 2811 BROAD ST Houston, TX.
What are key features of this property?
This property features: Recent Renovations (2022‑2026): Updated units and common areas.; Updated Infrastructure: Features roof replacements (2020, 2022) and sewer pipe replacement (2023, 2024). New water heaters installed in 2024.; Dual Heat/Cooling Units: Most units have updated HVAC systems (installed 2025/2026).
