Houston Single-Family Rental & Land Portfolio near NRG Stadium & Texas Medical Center

Description:

Premier multi-unit investment portfolio sale in Houston, TX, located near NRG Stadium and the Texas Medical Center. This "MedCenterHome.com" collection offers a rare opportunity to acquire significant acreage and income-producing assets next to Houston's Inner Loop.

 

Portfolio Overview

The total asking price for the entire fourteen-property portfolio is $5,753,750. The acquisition is divided into three components:

 

1. MedCenterHome.com SFR Portfolio - Old Main St. ($4,303,750)

This 3.9-acre site includes 8 single-family residences (SFRs) and additional storage buildings currently operating as a short-term rental business. It is located adjacent to Rice University's Library Service Center (LSC) and Data Center. This location presents a unique opportunity for continued rental operations or future land redevelopment.

- 11620 Old Main St (SFR + 3,300sf & 2,000sf Warehouse Shops)

- 11616 Old Main St Loop Rd (SFR)

- 11608 Old Main St Loop Rd (SFR)

- 4119 Rose Way (SFR)

- 4123 Rose Way (SFR)

- 11516 Craighead Dr (SFR)

- 11503 Craighead Dr (SFR)

- 11520 Craighead Dr (Tear-down condition SFR)

 

2. MedCenterHome.com SFR Portfolio - Loop 610 ($1,100,000)

This portion includes 3 single-family residences located on the south side of Loop 610:

- 9813 Woodwind Dr (SFR)

- 9806 Woodwind Dr (SFR)

- 4065 Osby Dr (SFR)

 

3. Residential Development Lots ($350,000)

This includes three development lots totaling 0.77 acres situated near Loop 610 and SH-288:

- APN #056-215-000-0001 (10,000 sq ft)

- APN #072-035-006-0009 (11,655 sq ft)

- APN #072-035-006-0011 (11,766 sq ft)


The properties are located near the Texas Medical Center, the world’s largest medical complex, which has over 120,000 employees and 10 million annual patient encounters across 54 institutions and 21 hospitals on a 1,345-acre campus. Major institutions include MD Anderson Cancer Center, Texas Children's Hospital, and Memorial Hermann Health System.

Nearby NRG Stadium—home to professional sports, concerts, and the Houston Livestock Show and Rodeo—along with the Texas Medical Center, supports strong and consistent rental demand. The area also offers convenient access to Interstate 610, U.S. Route 90, and State Highway 288.


Key Investment Highlights



Premier 14-Property Portfolio Offering in Houston, TX near the Texas Medical Center and NRG Stadium.


Total Portfolio Asking Price: $5,753,750 including income-producing single-family rentals and residential development land.


3.9-Acre Core Site (Old Main St.) featuring 8 SFRs plus warehouse/storage buildings currently operating as a short-term rental business.


Adjacent to the Rice University Library Service Center & Data Center, presenting strong long-term redevelopment potential.


Additional Rental Properties including three SFRs located near the south side of Interstate 610.


Three Residential Development Lots (0.77 Acres) located near Interstate 610 and State Highway 288.


Strong Demand Drivers from the Texas Medical Center, home to over 120,000 employees and leading institutions including MD Anderson Cancer Center, Texas Children's Hospital, and Memorial Hermann Health System.


Rare Investment Opportunity next to Inner Loop combining significant land holdings, current income, and long-term redevelopment upside.