3194, 3246 & 3500 US Hwy 69, Nederland, TX 77627 — Sale in Houston, TX
- Price: $2.5M
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Houston, TX 77029
- Size: 50,115 SF
- Year built: 1978
Investment Figures
- Price per square foot
- $50
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Building SF: 50115 | Land Size: 286146.0 SF | Year Built: 1978 | Listing Type: FOR SALE
Market Context
This multifamily in Houston, TX is listed for sale at $2,500,000 across 50,115 SF. The building dates to 1978. It has been on the market for 44 days. Compare it against other multifamily listings for sale in Houston, TX — view the full market.
As of Q1 2026, the Houston multifamily market showed average asking rents near $1400.00/unit/mo, rents up 9.2% year over year, and cap rates around 4.8%. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Multifamily market FAQ
- What is the typical cap rate for multifamily in Houston?
- About 4.8% as of Q1 2026, per multiple brokerage reports.
Contact
- Otto Muniz — KW Commercial | Houston Metropolitan · +17136145888 · Ottomuniz@kw.com
- Otto Muniz · +17136145888 · Ottomuniz@kw.com
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