Dover Place

4137 Dover Street, Houston, TX 77087

  • For Sale $3,000,000
  • Property Type Other
  • Property Size 28,160 SF
  • Units 32
  • Year Built 1970
  • Date Updated May 24, 2025

Dover Place Apartments is a well-maintained, gated multifamily community located in Houston’s Golfcrest neighborhood, offering spacious two-bedroom residences thoughtfully designed for comfort and convenience. The community features fully equipped kitchens with modern black appliances, open living areas with carpeted bedrooms, energy-efficient lighting, and on-site laundry facilities. Surrounded by mature trees and open green space along Sims Bayou, Dover Place blends suburban tranquility with urban accessibility.

The property features controlled access and is conveniently located near parks, trails, and Reveille Park’s swimming pool. Situated just minutes from major thoroughfares including I-45, Loop 610, and Beltway 8, it offers direct access to Houston Hobby Airport as well as a variety of retail and dining destinations. Dover Place is HPD Blue Star Certified and has been recognized by the Houston Apartment Association for excellence in property management, presenting investors with a stabilized asset known for operational efficiency and strong long-term growth potential in a steadily appreciating submarket.


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Highlights

  • Loan Assumption: Attractive high leverage loan assumption with current loan balance of $2,150,007 as of April 2025 (3.49% Rate due in August of 2028)
  • Excellent Unit Mix (100% 2 bedrooms)
  • Historically Stable 90%+ Occupancy
  • Value-Add Potential: Washer/dryer connections could be added as part of a value-add program, providing the opportunity to increase rents by approximately $50 per unit. This enhancement could generate an additional $19,200 in annual revenue.
  • Attractive Amenities: Gated community, pet-friendly, and green spaces overlooking Sims Bayou

Contacts

broker
Jackson Naponic

GREA

broker
Abraham Garza III

GREA

broker
Jordon Emmott

GREA

broker
Shayan Hasnain

GREA

broker
Jamie Harrington

GREA

Location

Getting Around

  • Walk Score ®

    68/100 Somewhat Walkable

  • Transit Score ®

    38/100 Some Transit

  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City Houston, TX
  • Neighborhood Golfcrest - Bellfort - Reveille
  • Zip Code 77087
  • Market Houston

Points of Interest

  • UH South/University Oaks

    4.49 miles

  • Altic/Howard Hughes

    4.76 miles

  • Lockwood/Eastwood

    5.24 miles

  • Convention District (westbound)

    6.88 miles

  • Convention District (eastbound)

    6.92 miles

  • Kinder Station

    7.19 miles

  • M. D. Anderson Station

    7.22 miles

  • Central Station Rusk

    7.27 miles

  • Downtown Transit Center

    7.28 miles

  • Museum District (northbound)

    7.28 miles

  • Sunoco

    0.74 miles

  • Valero

    0.83 miles

  • Pemex

    0.85 miles

  • Texaco

    0.89 miles

  • Tesla Supercharger

    1.03 miles

  • Exxon

    1.07 miles

  • Citgo

    1.26 miles

  • Chevron

    1.29 miles

  • Fuel Depot

    1.34 miles

  • eVgo

    5.93 miles

  • PreFlight Airport Parking

    1.74 miles

  • Monroe Park and Ride

    1.84 miles

  • Wally Park

    1.94 miles

  • Magnolia Park & Ride

    3.86 miles

  • ERP Parking

    3.86 miles

  • Residential

    4.33 miles

  • University Gateway Garage

    4.39 miles

  • East Parking Garage

    4.44 miles

  • Visitor Parking

    4.44 miles

  • Economy Lot

    4.47 miles

  • Camelot Inn & Suites

    0.40 miles

  • Moonlight Inn and Suites

    0.58 miles

  • Downtowner Inn and Suites

    1.44 miles

  • Four Points by Sheraton Houston Hobby Airport

    1.67 miles

  • Fairfield Inn & Suites Houston Hobby Airport

    1.71 miles

  • South Loop Inn

    1.75 miles

  • DoubleTree Houston Hobby Airport

    1.78 miles

  • Super 8

    1.78 miles

  • Americas Best Value Inn-Houston/Hobby Airport

    1.89 miles

  • Lee's Inn Motel

    1.94 miles

  • Papa John's

    0.10 miles

  • Kelly's Country Cookin'

    0.26 miles

  • DQ Grill & Chill

    0.71 miles

  • Laredo Taco Company

    0.72 miles

  • Pizza Hut

    0.76 miles

  • Wendy's

    0.79 miles

  • Jack in the Box

    0.79 miles

  • Burger King

    0.82 miles

  • The Taco Bar

    0.85 miles

  • Wingstop

    0.86 miles

  • Park Place Elementary School

    0.43 miles

  • Bellfort Elementary School

    0.88 miles

  • Raul Yzaguirre School for Success

    0.99 miles

  • Bonner Elementary School

    1.12 miles

  • Cornelius Elementary School

    1.12 miles

  • Golfcrest Elementary School

    1.17 miles

  • Crespo Elementary School

    1.29 miles

  • Lewis Elementary School

    1.30 miles

  • César E. Chavez High School

    1.31 miles

  • Deady Middle School

    1.43 miles

  • Early Childhood Center

    7.11 miles

  • Apple of My Eye

    8.36 miles

  • House at Pooh Corner

    9.60 miles

Frequently Asked Questions

How much does Dover Place cost?

The space currently listed for sale at Dover Place asks for $3,000,000.

What is the total square footage of Dover Place?

Dover Place totals 28,160 square feet.

When was this property built?

Dover Place was built in 1970.

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