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For Sale 77018 Houston

316 Thornton Rd

Houston, TX 77018

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New construction

For Sale

Active

$5,750,000

Est. Mortgage 31,131/month

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25,214 Sqft. ($228/Sqft.)

22,500 Lot Sqft

Multi-Family - Multiple Detached Dw

21 Day(s) on Market

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Description

Great opportunity to buy 14 new construction built to rent town homes in growing Houston independence Heights area. All homes are finished and fully leased. Next phase 12 homes foundations are poured and will be ready to move in 8-10 months. Price includes 14 homes. All will be 3 story 3 bed 3.5 bath single family townhomes with luxury finishings. Homes would be sold individually too. Could be feasible for 1031 exchange or tax write off. Listing agent is seller and builder.

MLS#

47597003

List Price

$5,750,000 ($228/Sqft.)

Listing Status

For Sale

Address

316 Thornton Rd

City

Houston

State

Zip Code

77018

County

Harris County

Subdivision

Thornton Homes

Legal Description

LT 10 BLK 1 LANDING AT YALE

Property Type

Multi-Family - Multiple Detached Dw

Stories

Building Size

25,214 Sqft/Builder

Year Built

2023 /Builder

Lot Size

22,500 Sqft./Other

Market Area

Northwest Houston

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PRESENTED BY

David James Platinum

CB&A, Realtors

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Exterior

Roof

Composition

Exterior Type

Wood

Controlled Access

Automatic Gate

Front Door Face

East,West

Interior

Countertop

Quartz

Floors

Engineered Wood, Stone

Cooling

Central Electric

Heating

Central Gas

Compactor

Yes

Dishwasher

Yes

Disposal

Yes

Microwave

Yes

Energy Feature

Ceiling Fans, Energy Star Appliances, Insulation - Batt

Rooms

Unit3 Bed1

12 x 10

Unit3 Bed2

12 x 12

Unit3 Bed3

12 x 14

Unit3 Kitchen

12 x 12

Unit3 Living

18 x 11

3 Bdr #

Lot information

Lot Size

22,500 Sqft. /Other

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

List Type

Exclusive Right to Sell/Lease

Unit Feature

Balcony,Hardwood Floors

Buyer Agent Compensation*

Sub Agent Compensation*

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Other Fees

Maintenance Fee

Taxes w/o Exemp

$3,464/2023

Tax Rate

2.0148

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Mortgage

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LIST PRICE

DOWN PAYMENT

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Annual Interest Rate Estimated Monthly Principal & Interest

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.