- For Sale Contact for pricing
- Property Type Other
- Units 90
- Year Built 1983
- Date Updated Apr 26, 2024
- Website thetownhomesonthree.sharplaunch.com
The Townhomes on Three is a newly renovated 90-unit multifamily community located in the Webster / Clear Lake submarket of Houston, TX in Harris County. Built in 1983 and situated on 6.00 acres, the garden-style property is comprised of 15, two-story townhouse-style buildings with brick siding, flat roofs, and attached two-car garages. The Townhomes on Three offers spacious two- and three-bedroom residences with an open floor plan concept. Interior amenities include remodeled kitchens equipped with energy-efficient appliances, new plumbing fixtures, in-unit washers and dryers, and oversized private patios. The common areas feature a fitness center, resort-style swimming pool, and controlled gated access.
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Highlights
- Attractive assumable loan at 3.47% w/ 6 years remaining.
- 12 units have not been upgraded. Current owner has recently increased and proven 2-bedroom units at $1500 and 3-bedrooms at $1900. New owner could increase annual NOI by $151,800 on new leases and renewals.
- Median 3-mile household income is nearly $100,000.
- All 2-bedroom units have 2 covered parking spots directly in front of their unit and all 3-bedroom units have direct access to a 2-car garage. Current owner is not charging for parking.
- All units come with washer and dryers. New owner could increase other income by charging $50 a month. New owner could also increase O/I by incorporating valet trash.
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Contacts
Shayan Hasnain
(713) 595-9580
Location
Getting Around
-
Walk Score ®
59/100
Somewhat Walkable
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Transit Score ®
15/100
Minimal Transit
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Bike Score ®
44/100
Somewhat Bikeable
- City Webster, TX
- Neighborhood Webster
- Zip Code 77598
- Market Houston
Points of Interest
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H-E-B Fuel
0.29 miles
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El Dorado Food Mart
0.31 miles
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Valero
0.36 miles
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Shell
0.55 miles
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Shell
1.08 miles
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Exxon
1.24 miles
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Valero
1.53 miles
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Shell
1.90 miles
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Valero
1.95 miles
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Chevron
1.97 miles
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El Dorado Park & Ride
0.84 miles
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Bay Area Park and Ride
1.34 miles
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Lot J
2.92 miles
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Visitor Parking
2.98 miles
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Lot G
3.04 miles
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Lot R
3.34 miles
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Lot A
3.37 miles
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Lot B
3.46 miles
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Lot C
3.51 miles
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Lot D
3.62 miles
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Hilton Garden Inn
0.80 miles
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La Quinta Inn
0.90 miles
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Hampton
0.93 miles
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Extended Stay America
0.94 miles
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Intown Suites
0.97 miles
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Homewood Suites by Hilton Houston Clear Lake NASA
1.11 miles
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Comfort Suites Near Nasa - Clear Lake
1.13 miles
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Sonesta ES Suites Houston - NASA Clear Lake
1.21 miles
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Holiday Inn Express & Suites
1.36 miles
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TownePlace Suites Houston Clear Lake
1.69 miles
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Jack in the Box
0.32 miles
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Panera Bread
0.32 miles
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Carl's Jr.
0.35 miles
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Taco Bell
0.43 miles
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Little Caesars
0.44 miles
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Subway
0.44 miles
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McDonald's
0.45 miles
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Chick-fil-A
0.47 miles
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Burger King
0.52 miles
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Sonic
0.59 miles
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Whitcomb Elementary School
1.04 miles
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Clear Lake Intermediate School
1.33 miles
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Clear Lake City Elementary School
1.69 miles
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Clear Lake Christian School
1.76 miles
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Galloway Upper School
1.78 miles
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Bay Area Montessori School House
1.80 miles
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C D Landolt Elementary School
1.82 miles
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Bruk Academy
1.87 miles
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John F Ward Elementary School
1.99 miles
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McWhirter Elementary School
2.04 miles
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Kids 'R' Kids
0.92 miles
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Belle's Little Angels
1.93 miles
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Pinebrook KinderCare
4.10 miles
Frequently Asked Questions
What is the total square footage of The Townhomes on Three?
The Townhomes on Three totals 105,208 square feet.
When was this property built?
The Townhomes on Three was built in 1983.
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