3415 Twp Grv Ln Houston, TX 77082
This exceptional Houston, TX investment property offers immediate cash flow from 14 existing townhomes (2,350-2,600 sq ft, built 2019) with long-term tenants. The portfolio also includes 14 ready-to-build lots with approved plans and permits, and an additional 26 fully permitted vacant lots, all located in the desirable 77082 zip code. This prime location provides easy access to major employment centers like the Energy Corridor and Westchase District, as well as abundant retail and recreational amenities at CityCentre and Memorial City. The property's strategic positioning in a rapidly growing area of Houston, the fourth-largest city in the US, presents a significant opportunity for immediate returns and long-term capital appreciation. The existing townhomes provide a stable cash flow, while the buildable lots offer the potential for substantial expansion and increased value. All lots are cleared and permitted, minimizing development lead times and upfront costs. This turnkey investment is ideal for those seeking a diversified portfolio with both immediate income and future development potential. The property's scale allows for economies of management and development, maximizing efficiency and profitability. This is a rare opportunity to acquire a substantial mixed-use portfolio in a thriving Houston neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.