Investor's Dream! This fully leased, newly built Mills Rd Townhomes building in the heart of northwest Houston is a prime income-producing opportunity. Featuring four spacious unitsâ??two 2-story, 3 bed/2 bath with a 1-car garage, and two 3-story, 3 bed/2.5 bath with a 2-car garageâ??this property offers modern living and convenience. Located just 3 miles from Willowbrook Mall, Lone Star College, and major highways, and zoned to the acclaimed Cy-Fair ISD, it promises strong rental income and long-term appreciation in a high-growth area.
Nestled within the thriving 77070 area, this recently constructed QUADPLEX, completed in 2017, exudes a harmonious blend of modernity and convenience. Comprising four units, each adorned with the coveted amenity of an attached one or two-car garage and boasting three bedrooms, the Mills Road Townhomes stands as a beacon of contemporary living. Strategically positioned in proximity to Jones Road, 1960, and Beltway 8 access points, this residence offers unparalleled convenience for commuters and explorers alike. Embracing the essence of urban connectivity, this home beckons investors with its seamless access to a myriad of destinations, including the esteemed Willow Brook Mall and an array of gastronomic delights, all within a mere 3-mile radius. Beyond its structural allure, the home's thoughtfully crafted floor plan ensures a seamless flow of space, culminating in an undeniable value proposition for any investor interested in a recently built multifamily.
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The median home value in Houston, TX is $247,900. This is lower than the county median home value of $268,200. The national median home value is $338,100. The average price of homes sold in Houston, TX is $247,900. Approximately 37.67% of Houston homes are owned, compared to 51.05% rented, while 11.28% are vacant. Houston real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Houston real estate agent to arrange a tour today!
Houston, Texas 77070 has a population of 2,293,288. Houston 77070 is less family-centric than the surrounding county with 29.66% of the households containing married families with children. The county average for households married with children is 34.48%.
The median household income in Houston, Texas 77070 is $56,019. The median household income for the surrounding county is $65,788 compared to the national median of $69,021. The median age of people living in Houston 77070 is 33.7 years.
The average high temperature in July is 93 degrees, with an average low temperature in January of 43.4 degrees. The average rainfall is approximately 53 inches per year, with 0 inches of snow per year.