5128 Silver Creek Dr Houston, TX 77017
Turnkey multifamily property with strong rental demand and upside potential.
Type:Multifamily
- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 4:59 am
Property Features for 5128 Silver Creek Dr
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Will Garrison License #TX: 816614 (713) 452-4253
Listing office Houston Office (713) 452-4253
Listing date Apr 3, 2026
Source Marcusmillichap
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Overview
Stabilized Multifamily Asset in Houston
This multifamily property is located in the Meadowbrook/Allendale area of Houston. It features 16 units, consisting of 15 two-bedroom/one-bath units and 1 one-bedroom/one-bath unit. The property is currently fully occupied and benefits from a strong tenant base, achieved through tenant screening and referral-based leasing. Eight of the two-bedroom units are achieving $1,050 per month, indicating strong rent levels. The remaining units offer potential for rental upside, as demonstrated by the existing market rents. All units have been renovated with modern interior finishes, including granite countertops and ceramic tile flooring. Each unit is equipped with smoke alarms and fire extinguishers. Opportunities exist to increase revenue by bringing the remaining units to market rental rates, implementing a RUBS program to recapture water expenses, and monetizing excess parking through reserved parking fees. This property offers a stable, low-maintenance investment opportunity with in-place cash flow and additional revenue growth potential.
Location Intelligence
Current Use by Public Records
Silver Creek Apartments
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.248007
- Latitude
- 29.679899
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Turnkey multifamily property with strong rental demand and upside potential.
Where is this apartment building located?
The property is located at 5128 Silver Creek Dr Houston, TX.
What are key features of this property?
This property features: Fully stabilized, turnkey multifamily asset with full occupancy.; Clear path to rental upside by increasing rents on remaining units to proven market rates.; Renovated units feature granite countertops and ceramic tile flooring.
