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Property profile & analytics
OFF-MARKET
Dormitories

5818 Fairdale Ln Houston, TX 77057

12,044 SF Built 2025
Property ID
US82-0520483
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Dormitories
Year built 2025
Total area 12,044 SF
UPID US82-0520483
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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