Multi-Property Apartment
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For Sale
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5307 PALMETTO ST, Houston, TX 77081
Three Houston residential properties contain 29 units across separate sites.
Property Size37,235 SF
Lot Size1.78 Acres
Price / SF$102.81
Days on Market6
Property Features for 5307 PALMETTO ST
General Information
Standard status
Active
Size
37,235 SF
Net Rentable
37,235 SF
Lot size
1.78 Acres
Property subtype
Multifamily, Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
29
Listing Agency:
KW Commercial
Listed By:
Ada/Yan Wang · License #TX 0622907
(713) 859-2598
Source:
Crexi
Added: Sep 22
Changed: Sep 26
Last Checked: Sep 26 at 2:50PM
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 KW Commercial
Investment Insights
Based on property information with market context.
This Houston apartment portfolio brings together three properties with 29 units and 37,235 SF of rentable space. The sites comprise approximately 77,500 SF of land in total. One component includes four adjoining lots at 5307, 5309, 5311 and 5313 Palmetto St.; the other properties are located at 5419 Gulfton St. and 6503 Mapleridge St.
The properties are in the Bellaire area, with access to I-69 and Loop 610. Connections to the Medical Center, Galleria and Downtown are also noted. The offering is available as a complete portfolio or in combinations.
The properties are in the Bellaire area, with access to I-69 and Loop 610. Connections to the Medical Center, Galleria and Downtown are also noted. The offering is available as a complete portfolio or in combinations.
Key Highlights
- 29 units across three properties
- 37,235 SF of rentable space
- Approximately 77,500 SF of land
Property Analytics
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Current Use
Lease Details
29
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,959
Businesses Nearby
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Business Placement
Demographics for 77081, TX
48,293
Population
21,245
Households
2.3
Avg Household Size
30
Median Age
19%
College-Educated
55%
High-School Grad
3.3 sq mi
ZIP Area
14,634
Density / Sq Mi
$42,228
Median Household Income
$27,982
Median Earnings
$990
Median Rent
$245,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three Houston residential properties contain 29 units across separate sites.
Where is this apartment building located?
The property is located at 5307 PALMETTO ST Houston, TX.
What is the asking price?
The asking price for this property is $3,828,000.
What are key features of this property?
This property features: 29 units across three properties; 37,235 SF of rentable space; Approximately 77,500 SF of land
