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$1,100,000
3 Beds 3 Baths 25915148 MLS
Rare $1.1M value-add portfolio in Houston’s rapid-growth 77016 market featuring three modern 4-story residences with private rooftop terraces, 3 bedrooms, and 3.5 bathrooms per unit. The standalone home sits at 90%+ completion, while the adjoining duplex is primed for finishing. All remaining materials needed to complete the project are included in the sale—leaving the buyer primarily responsible for labor—with experienced project contractors available for a seamless transition. Projected completed values are ~$550K for the standalone and ~$500K per duplex unit, totaling ~$1.55M in combined potential completed value. Located within one of the nation’s fastest-growing major metropolitan areas, this portfolio offers a compelling combination of built-in equity potential, limited remaining construction exposure, and long-term Houston housing demand. Offered as-is in a single transaction. Buyer to independently verify projected values, labor costs, and market conditions.

9134 Pembrook St, Houston

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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