5024 Winnetka St - Multi-Family FOR SALE


Houston, TX 77021- OST-South Union
$1,500,000 USD
832-691-7877
5024 Winnetka St, Houston, TX for Sale
$1,500,000 USD
Multi-Family - FOR SALE
1/39
null | 8.63% Cap Rate

5024 Winnetka St
Houston, TX 77021
OST-South Union


HIGHLIGHTS

  • 0.5 miles from University of Houston
  • Minutes from Downtown and Med Center
  • Perfect for short term and long term rentals.

OVERVIEW

Exceptional investment opportunity to acquire a portfolio of four newly constructed single-family homes in Houston's rapidly growing South Union area. Each residence offers approximately 2,152+ SF of modern living space with 3 bedrooms, 3.5 bathrooms, open-concept floorplans, premium finishes, and private en-suite bathrooms for every bedroom. Located just minutes from the University of Houston, Texas Medical Center, Downtown Houston, and major employment centers, these homes are strategically positioned in one of Houston's strongest rental corridors. The community also offers convenient access to MetroRail, providing connectivity throughout the city. The homes feature engineered hardwood flooring, designer kitchens with quartz countertops and waterfall islands, spacious primary suites, and attached garages. With continued growth in the Medical Center, University of Houston, and surrounding Inner Loop areas, demand for quality rental housing remains strong. Whether utilized as long-term rentals, executive housing, or a buy-and-hold investment strategy, this portfolio presents an opportunity to acquire multiple new-construction assets with minimal maintenance requirements and strong income potential. Rarely does an investor have the opportunity to purchase four adjacent new-construction homes in an up and coming location. This turnkey portfolio offers scale, location, and long-term appreciation potential in one of Houston's most dynamic submarkets.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$175 USD /SF

# OF UNITS

4

PRICE/UNIT

$375,000

CAP RATE

8.63%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Winnetka Vista

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

1475640010002

ASK ABOUT THIS PROPERTY

Angelica SmartWhite House Global PropertiesMore Info
832-691-7877

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

Angelica SmartWhite House Global PropertiesMore Info
832-691-7877

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