103 Summer Pl - Apartments CONDO FOR SALE


Huntsville, TX 77340
$2,250,000 USD
346-214-2240
103 Summer Pl, Huntsville, TX for Sale
$2,250,000 USD
Apartments CONDO - FOR SALE
1/29
null | 8.86% Cap Rate

103 Summer Pl
Huntsville, TX 77340


HIGHLIGHTS

  • Developer Closeout: 16-unit BTR Duplex Community-4 minutes from I-45 in Huntsville, TX Class A Build-to-Rent (BTR) Townhome Concept.
  • MASSIVE 2026 TAX SHELTER & BONUS DEPRECIATION, Low Tax Shield: 1.42% tax rate zone, maximizing net cash flow.
  • Find seamless connectivity just 4 miles from Interstate 45, linking Houston and Dallas/Fort Worth,situated on 2.02 acres and outside a FEMA flood zone
  • Bank-certified appraisal values the property at $2,350,000 upon completion (weeks away) and $2,410,000 upon stabilization.

OVERVIEW

Build-to-Rent (BTR) Townhome Concept. MASSIVE 2026 TAX SHELTER & BONUS DEPRECIATION: Write off 100% of the cost of short-life assets on very first tax return. Low Tax Shield: 1.42% tax rate zone, maximizing net cash flow. Insulated Utility Risk: Electric individually metered and paid by tenants. Rent is flat-priced at $1,450. monthly with water, trash and community maintenance seamlessly bundled into the lease structure 8 Units Construction Completed and Taking Lease Applications Remaining 8 Units to be competed by Sept 30th, 2026 Management Company in place, taking applications now. Tenants vetted with 1-year lease and required security and Pet Deposits. The Retail Valuation: Bank-certified appraisal values the property at $2,350,000 upon completion (weeks away) and $2,410,000 upon stabilization. *Disclaimer: The estimated tax deductions, cost segregation allocations, and 100% Bonus Depreciation outlined herein represent hypothetical scenarios based on standard industry assumptions. Because individual tax situations, income brackets, and passive activity loss limitations vary significantly, the Buyer is strictly required to conduct their own independent due diligence and consult with a licensed CPA or tax professional to verify how these federal tax laws apply to their specific financial profile.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$2,009 USD /SF

CAP RATE

8.86%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

16 Units BTR Community in Huntsville

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

20,000 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,281 SF

ZONING

none

APN/PARCEL ID

11266

ASK ABOUT THIS PROPERTY

George HarrisonLongmire WhiteOak DevelopmentMore Info
346-214-2240

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George HarrisonLongmire WhiteOak DevelopmentMore Info
346-214-2240

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.