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Apartment Building with Swimming Pool
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310 WACO AVE, League City, TX 77573

Multifamily property with resident amenities, open parking, and documented utility and HVAC infrastructure issues.

Property Size43,941 SF
Days on Market50

Property Features for 310 WACO AVE

General Information

Standard status Active
Size 43,941 SF
Class C
Property subtype Multifamily
Investment Type Value Add

Property Condition

Severity Repairs Needed
Evidence outdated or in need of repair

Amenities

swimming pool
patios/balconies
open parking

Building Details

Year Built 1970
Year Renovated 2022
Buildings 4
Stories 2
Units 48
Listing Agency: KET Enterprises Incorporated
Listed By: Tom Wilkinson · License #173897-B
Source: Crexi
Added: Jul 16 Changed: Aug 31 Last Checked: Aug 31 at 3:19AM

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.

This 43,941-square-foot apartment property was constructed in 1970 and has undergone some rehabilitation. Resident amenities include a swimming pool, patios or balconies, and open parking. The property is positioned within the Clear Lake-League City-Webster submarket in southeast Houston, Texas.

Utility billing and building systems require attention. Although the rent roll identifies individual electric meters, the property operates on a single master electric meter, while tenants pay a flat utility fee. Several HVAC systems are outdated or require repair, which has contributed to elevated electricity usage. Planned capital work includes potential sewer, roofing, and exterior maintenance projects; a capital improvements list and forecast are available upon request.

Key Highlights

  • 43,941‑square‑foot apartment property constructed in 1970
  • Some rehabilitation completed since original construction
  • Swimming pool, patios or balconies, and open parking

Property Analytics

Current Use

3rd Street Apartments Apartment Building League City Air ... HVAC Service 3rd Street Apartment Complex

Suggested Use

Top Pick Dental Office Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Catering Service Restaurant

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

1,094
Businesses Nearby

Demographics for 77573, TX

95,256
Population
37,188
Households
2.6
Avg Household Size
37
Median Age
49%
College-Educated
96%
High-School Grad
29.8 sq mi
ZIP Area
3,197
Density / Sq Mi
$122,783
Median Household Income
$67,441
Median Earnings
$1,647
Median Rent
$342,000
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 - Multifamily property with resident amenities, open parking, and documented utility and HVAC infrastructure issues.
Where is this apartment building located?
The property is located at 310 WACO AVE League City, TX.
What are key features of this property?
This property features: 43,941‑square‑foot apartment property constructed in 1970; Some rehabilitation completed since original construction; Swimming pool, patios or balconies, and open parking
More about this property
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