Value-Add Multifamily
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8601 Emmett F Lowry Expy, Texas City, TX 77591
Lender-owned REO multifamily community with 108 units and a renovation-focused value-add plan.
Days on Market10
Property Features for 8601 Emmett F Lowry Expy
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
108
Listing Agency:
Houston
(713) 835-0059
Listed By:
Jaleel Adatia · License #726143
(713) 835-0059
Source:
Colliers
Added: Jul 24
Changed: Jul 25
Last Checked: Aug 1 at 2:12AM
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 Houston
Investment Insights
Based on property information with market context.
Savan Villas is a lender-owned REO multifamily investment opportunity totaling 108 apartment units in Texas City, Texas. The offering includes a clear value-creation path centered on interior renovations, operational improvements, and enhanced property management, with an emphasis on maintaining spacious apartment homes while updating the community to support performance.
The community is described as conveniently located near major employment centers, retail destinations, and recreational amenities throughout Texas City and the greater Galveston County area. Residents benefit from easy access to Interstate 45, providing connectivity to Galveston, Houston, and the region’s major industrial and petrochemical employment hubs.
This is being marketed as a value-add acquisition with immediate operational upside opportunities, presented on an “offered free & clear” basis by the listing broker.
The community is described as conveniently located near major employment centers, retail destinations, and recreational amenities throughout Texas City and the greater Galveston County area. Residents benefit from easy access to Interstate 45, providing connectivity to Galveston, Houston, and the region’s major industrial and petrochemical employment hubs.
This is being marketed as a value-add acquisition with immediate operational upside opportunities, presented on an “offered free & clear” basis by the listing broker.
Key Highlights
- Value‑add multifamily community (lender‑owned REO) totaling 108 units in Texas City, Texas
- Renovation‑focused plan with interior renovations as a key value‑creation lever
- Lender‑owned REO asset offered with a stated free & clear basis
Property Analytics
Current Use
Lease Details
108
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
Explore this area
Business Placement
Demographics for 77591, TX
17,347
Population
7,465
Households
2.3
Avg Household Size
36
Median Age
25%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
1,684
Density / Sq Mi
$66,010
Median Household Income
$39,219
Median Earnings
$1,226
Median Rent
$204,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Lender-owned REO multifamily community with 108 units and a renovation-focused value-add plan.
Where is this apartment building located?
The property is located at 8601 Emmett F Lowry Expy Texas City, TX.
What are key features of this property?
This property features: Value‑add multifamily community (lender‑owned REO) totaling 108 units in Texas City, Texas; Renovation‑focused plan with interior renovations as a key value‑creation lever; Lender‑owned REO asset offered with a stated free & clear basis
