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14-Unit Apartment Building
New
For Sale
$249,000

8416 Mesa Drive, Houston, TX 77028

Corner-lot property with a layout formerly used for senior living operations.

Property Size2,646 SF
Lot Size0.18 Acres
Price / SF$94.10
Days on Market2

Property Features for 8416 Mesa Drive

General Information

Standard status Active
Size 2,646 SF
Lot size 0.18 Acres
Property subtype Multi-Family

Additional Details

Multifamily Units 14

Building Details

Year Built 1992
Listing Agency: New Age
Listed By: HTOWN OWNER FINANCE
Source: Ownerfinancinginhouston
Added: Sep 9 Last Checked: Sep 9 at 3:02PM

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 New Age

Investment Insights

Based on property information with market context.

Built in 1992, this 2,646-square-foot apartment building occupies a 7,947-square-foot corner lot at 8416 Mesa Drive in Houston. The property contains 14 living spaces and two bathrooms within a configuration that was previously operated as a senior living facility.

The existing layout provides a defined residential arrangement within a compact building footprint. Its corner-lot placement and established improvements offer a clear physical foundation for evaluating apartment or similar residential use, subject to applicable approvals and operating requirements.

Key Highlights

  • 14 living spaces within a 2,646‑square‑foot building
  • 7,947‑square‑foot oversized corner lot
  • Previously operated as a senior living facility

Property Analytics

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Current Use

Lakewood 24 Hour ... Nursing Home Muhammed Ajmal Nursing Home

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic HVAC Service Pharmacy Kitchen & Bath Showroom

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

14
Residential units

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby

Demographics for 77028, TX

18,701
Population
7,102
Households
2.6
Avg Household Size
35
Median Age
8%
College-Educated
69%
High-School Grad
9.1 sq mi
ZIP Area
2,055
Density / Sq Mi
$36,244
Median Household Income
$28,099
Median Earnings
$1,115
Median Rent
$108,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Corner-lot property with a layout formerly used for senior living operations.
Where is this apartment building located?
The property is located at 8416 Mesa Drive Houston, TX.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 14 living spaces within a 2,646‑square‑foot building; 7,947‑square‑foot oversized corner lot; Previously operated as a senior living facility
More about this property
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