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20-Unit Apartment Community
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5005 NE Loraine St, Haltom City, TX 76117

Mixed one- and two-bedroom layouts include renovated interiors and updated exterior improvements.

Property SizeContact for details
Days on Market143

Property Features for 5005 NE Loraine St

General Information

Standard status Active
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence addressing deferred maintenance

Additional Details

Multifamily Units 20

Building Details

Year Built 1970
Listing Agency: Rowan Properties
Listed By: Coleton Burch · License #TX 622344
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 11:17AM

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 Rowan Properties

Investment Insights

Based on property information with market context.

This 20-unit apartment community, constructed in 1970, offers a mix of one- and two-bedroom floorplans averaging 603 square feet. Sixteen units have been renovated with stainless steel appliances and granite or quartz countertops, while the remaining four retain their classic finish-out. Exterior work has included new paint, landscaping, and attention to deferred maintenance.

Located at 5005 NE Loraine St in Haltom City, the property combines completed capital improvements with additional unit-upgrade potential. The remaining classic units provide a defined path for continued interior renovation, and a reserved parking program represents another identified income opportunity.

Key Highlights

  • 20‑unit apartment community constructed in 1970
  • One- and two‑bedroom floorplans averaging 603 square feet
  • 16 units renovated with stainless steel appliances and granite or quartz countertops

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Storage Facility Computer & Electronic Repair Acupuncture

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

543
Businesses Nearby

Demographics for 76117, TX

33,398
Population
12,793
Households
2.6
Avg Household Size
34
Median Age
12%
College-Educated
71%
High-School Grad
10.9 sq mi
ZIP Area
3,064
Density / Sq Mi
$49,041
Median Household Income
$34,111
Median Earnings
$1,205
Median Rent
$185,300
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 - Mixed one- and two-bedroom layouts include renovated interiors and updated exterior improvements.
Where is this apartment building located?
The property is located at 5005 NE Loraine St Haltom City, TX.
What are key features of this property?
This property features: 20‑unit apartment community constructed in 1970; One- and two‑bedroom floorplans averaging 603 square feet; 16 units renovated with stainless steel appliances and granite or quartz countertops
More about this property
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