9134 Pembrook Street

Houston, TX 77016

About this property

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.

About this property

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.

Features and Additional Information

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$1,100,000 Active
7,290 sqft

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Brokerage
Keller Williams Signature
1-281-599-7600
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Listed By Anthony Ejofor
Brokerage: Keller Williams Signature

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