5818 Fairdale Ln Houston, TX 77057
This exceptional investment opportunity presents a fully permitted, shovel-ready development in Houston, Texas. The project, known as Fairdale Townhomes, encompasses six luxury townhomes situated on a 12,044 square foot lot at 5818 Fairdale Ln, 77057, within Harris County. Construction is slated to begin immediately, as all necessary permits and approvals are in place, including full architectural, civil, and site plans approved by the City of Houston. Each of the six buildings boasts four stories, totaling 12,044 square feet of living space. The development features a gated community with a shared driveway, enhancing security and exclusivity. This turnkey project offers a unique chance to capitalize on the strong Houston real estate market with a high-demand property type. The asking price for this prime development is $1,200,000. Detailed plans and brochures are available upon request, showcasing the exceptional design and potential return on investment. The property's location in Houston, combined with its modern design and convenient amenities, promises strong rental income potential. Don't miss this opportunity to acquire a fully permitted, ready-to-build multi-family development in a thriving Texas market. Year Built is projected for 2025.
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
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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.