14-Unit New Construction Townhome
For Sale
Contact for pricing
316 Thornton Rd, Houston, TX 77018
Fully leased, three-story residences form a built-to-rent community in Houston’s Independence Heights area.
Property SizeContact for details
Days on Market143
Property Features for 316 Thornton Rd
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
14 x 3BR/3.5BA
Multifamily Units
14
Building Details
Buildings
14
Listing Agency:
VIta Realty
Listed By:
Andy Yaltir · License #TX 641986
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 4:20AM
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 VIta Realty
Investment Insights
Based on property information with market context.
This multifamily offering includes 14 newly constructed, fully leased townhomes designed for built-to-rent operation. Each residence is arranged across three stories and includes three bedrooms and three and one-half bathrooms. The homes feature luxury finishings as described in the property information.
A subsequent phase includes 12 additional homes with foundations already poured. That phase is projected to be ready for occupancy in 8–10 months. The property is located at 316 Thornton Rd in Houston’s Independence Heights area, and the homes may also be sold individually.
A subsequent phase includes 12 additional homes with foundations already poured. That phase is projected to be ready for occupancy in 8–10 months. The property is located at 316 Thornton Rd in Houston’s Independence Heights area, and the homes may also be sold individually.
Key Highlights
- 14 new‑construction townhomes included in the offering
- All 14 homes are finished and fully leased
- Three‑story layout with 3 bedrooms and 3.5 bathrooms per home
Property Analytics
Current Use
Lease Details
14
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
721
Businesses Nearby
Explore this area
Business Placement
Demographics for 77018, TX
27,870
Population
13,335
Households
2.1
Avg Household Size
38
Median Age
60%
College-Educated
92%
High-School Grad
6.8 sq mi
ZIP Area
4,099
Density / Sq Mi
$121,658
Median Household Income
$75,487
Median Earnings
$1,256
Median Rent
$543,800
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?
Multifamily property - Fully leased, three-story residences form a built-to-rent community in Houston’s Independence Heights area.
Where is this multifamily property located?
The property is located at 316 Thornton Rd Houston, TX.
What are key features of this property?
This property features: 14 new‑construction townhomes included in the offering; All 14 homes are finished and fully leased; Three‑story layout with 3 bedrooms and 3.5 bathrooms per home
