NewNew construction
$22,500,000
26-Unit Multifamily in Houston, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$865K
Within ~40 mi (235)$100K
Texas median (1,029)$100K
- $/unit
- $865,385
- ▲ 765% vs TX · 100th pct
- Cap rate
- 5.5%
- ▼ 1.8 pts vs TX median
- Gross yield
- —
- Units
- 26
- 2026
Financials
- Asking price
- $22,500,000
- Price per unit
- $865,385
- Price per sq ft
- $282
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 5.5%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 26
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 2026
- Building size
- 79,754 sq ft
- Avg unit size
- 3,067 sq ft
- Lot size
- Not stated
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 16, 2026
- Days on market
- 12 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1894
About this property
Highlights
- Total 26 newly constructed luxury build-to-rent townhomes
- Prime Houston Galleria-area location
- Gated community with dog park and playground
- Rare opportunity to acquire an entire newly built luxury rental community with guaranteed cap rate
- Four-story, single-family-style residences
- Available as individual duplexes, multiple buildings, or larger portfolios.
- Property Flyers
- The Winford Booklet (1)
- Cap Rate:
- 5.50 %
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Houston, TX | $990K | $141K$141K | — |
 Houston, TX | $2.95M | $102K$102K | 4.7% |
 Houston, TXNewOwner financing | $3.3M | $103K$103K | — |
 Houston, TXStabilized | $2.5M | $104K$104K | — |
 Houston, TXNew | $1.5M | $94K$94K | — |
 Houston, TXNew | $2.95M | $268K$268K | — |