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24-Unit Apartment Building
For Sale
Contact for pricing
Pending

9222 Lockwood Dr, Houston, TX 77016

On-site laundry and sewer improvements support the existing multifamily operation.

Property SizeContact for details
Days on Market147

Property Features for 9222 Lockwood Dr

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Waller Group Homes
Listed By: Logan Waller · License #TX 0479147
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 4 at 12:15PM

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 Waller Group Homes

Investment Insights

Based on property information with market context.

The property comprises 24 apartment units at 9222 Lockwood Dr in Houston, Texas. Improvements include an updated sewage system, a newly added laundry facility, and renovations to several units, including upgraded flooring. Most air-conditioning systems have been upgraded and are window units. The roof is approximately 10 years old.

The property is currently self-managed, with a part-time manager residing on site. Current operations also include a unit renovation program, with some interiors already updated and additional units remaining for renovation. The asset is located in Houston Gardens.

Key Highlights

  • 24 apartment units at 9222 Lockwood Dr, Houston, TX 77016
  • Updated sewage system
  • On‑site laundry facility added

Property Analytics

Current Use

Tronewood Apartments Apartment Complex

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Skin Care Clinic Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

332
Businesses Nearby

Demographics for 77016, TX

29,966
Population
11,131
Households
2.7
Avg Household Size
37
Median Age
11%
College-Educated
75%
High-School Grad
9.9 sq mi
ZIP Area
3,027
Density / Sq Mi
$46,411
Median Household Income
$30,510
Median Earnings
$1,163
Median Rent
$111,900
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 - On-site laundry and sewer improvements support the existing multifamily operation.
Where is this apartment building located?
The property is located at 9222 Lockwood Dr Houston, TX.
What are key features of this property?
This property features: 24 apartment units at 9222 Lockwood Dr, Houston, TX 77016; Updated sewage system; On‑site laundry facility added
(214) 818-4109 Call to check price and availability
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