About

<b>The 935 Byrne St Apartments</b>, is a 30 unit, two-story, garden style asset nestled in the Greater Heights submarket of Houston, Texas. Per HCAD, the asset was built in 1963 and rehabbed in 2015. Property charges $80/mo for water, gas, sewer, and pest. There are washer/dryer connections in 11 units and a $50 charge for units with washer/dryers included. There is 1 boiler and the roofs reportedly are 1-2 years old (TPO).

Reportedly, there has been no flooding.  The area, after all, is known as the Heights!

The property is in close proximity of Heights Blvd, a high traffic count, major east/west thoroughfare. The property also has close access to the Katy Freeway and Washington Ave. Rents are steadily rising in the area and the area is full of new construction.

Ideal covered land play<i>.  Land alone appears to be worth $2,700,000 (see land comps).</i>

The Greater Heights area of Houston comprises a large, mostly- residential neighborhood just minutes northwest of Downtown. The upscale homes and close proximity to the city center (plus easy access to three major interstate highways) make this a highly desirable location for commuters seeking the tranquility of the suburbs without sacrificing convenience.

Scores of historic houses date back to the area’s heyday as a popular vacation getaway for Houston’s elite in the 19th century, and today they contribute to the area’s timeless atmosphere. The diverse local dining and entertainment scenes cater to the varied tastes of the residents, and the popular cafes and shops along 19th Street give the feel of a much smaller town than a community at the heart of the 4th biggest city in America.