9211 Grn Riv Dr, Unit 12 Houston, TX 77078-4234
Property Lookup
Property profile & analytics
9211 Grn Riv Dr, Unit 12 Houston, TX 77078-4234
- Apartment buildings
- 2,640 SF
- 1.00 lot acres
Property ID
US82-3919797
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 9211 Grn Riv Dr
- Year built
- 1965
- Construction
- BRICK
- Lot size
- 1.00 lot acres
- Property size
- 2,640 SF
- Property type
- Apartment buildings
- APN
- 641950150015
- APU
- 641950150015
Description
This exceptional multifamily investment property, Green River Gardens, presents a compelling value-add opportunity in Houston, Texas. Located at 9211 N Green River Dr, 77078, this property encompasses 8,000 square feet across three two-story buildings situated on a one-acre lot. The property currently boasts 12 units, all currently occupied, generating a strong net operating income (NOI) of $87,689, representing a 6.75% cap rate. The asking price is $1,300,000, translating to $108,333 per unit and $162.50 per square foot of net rentable area (6,900 sq ft). Built in 1965, the property has undergone significant renovations in 2017, 2021, 2022, and 2023. The unit mix includes a combination of one- and two-bedroom apartments. A significant advantage is the availability of an additional half-acre of land, presenting potential for expansion with the possibility of adding 12 to 14 more units. The property's gated entrance enhances tenant security and market appeal. This fully occupied, well-maintained property offers a solid foundation for immediate cash flow and future growth potential in a desirable Houston location. Financial records are available upon request. This is a rare opportunity to acquire a value-add multifamily property with significant upside potential in a thriving market.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.2531
- Latitude
- 29.8363
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$8,576
$43,560
$747,430
$790,990
-
$43,560
$747,430
$790,990
