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    6213 Tidwell Rd Houston, TX 77016

    Sponsored
    For Sale
    $975,000

    24-Unit Apartment Building, 1.2 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional multifamily investment opportunity presents a 24-unit apartment building situated on a generous 1.2-acre lot in Houston, Texas. Located at 6213 Tidwell Road, in the 77016 zip code within Harris County, this property offers significant potential for investors seeking a strong return. The asking price is $975,000. The property is classified as both commercial and residential, making it a versatile asset. The building's 24 units provide a substantial rental income stream. The expansive 1.2-acre lot offers possibilities for future expansion or development, subject to local zoning regulations. This prime location in Houston provides easy access to major transportation routes, local amenities, and a thriving community. Detailed financial statements and property records are available upon request, allowing potential buyers to conduct thorough due diligence. This is a rare opportunity to acquire a well-positioned multifamily property in a dynamic market. The property's strong fundamentals and location make it an attractive investment for both seasoned and emerging real estate investors. Serious inquiries are encouraged to explore this promising investment prospect further. All information provided is deemed reliable but not guaranteed and should be independently verified.

    Property Features for 6213 Tidwell Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    52,272 SF

    Building Details

    Units
    24

    HighLights

    • 24‑unit multifamily building on a 1.2‑acre lot in Houston, TX.
    • Located at 6213 Tidwell Road, zip code 77016, Harris County.
    • Asking price: $975,000.
    • Significant potential for rental income and future development.
    • Prime location with easy access to transportation and amenities.
    • Financial statements and property records available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3087464
    Latitude
    29.8484609

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    FAQs

    What type of property is this?
    Multifamily property - 24-Unit Apartment Building, 1.2 Acres
    Where is this multifamily property located?
    The property is located at 6213 Tidwell Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: 24-unit multifamily building on a 1.2-acre lot in Houston, TX.; Located at 6213 Tidwell Road, zip code 77016, Harris County.; Asking price: $975,000.
    Request Owner's contact information
    6213 Tidwell Rd Houston, TX 77016
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    Houston, TX 77016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6213 Tidwell Rd Houston, TX 77016
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