2602 East Crosstimbers Street, Houston, 77093 — Sale in Houston, TX

  • Price: $170K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Houston, TX 77093
  • Size: 4,375 SF
  • Year built: 1960

Photos

2602 East Crosstimbers Street, Houston, 77093 — Sale in Houston, TX, photo 1 of 8
2602 East Crosstimbers Street, Houston, 77093 — Sale in Houston, TX, photo 2 of 8
2602 East Crosstimbers Street, Houston, 77093 — Sale in Houston, TX, photo 3 of 8
2602 East Crosstimbers Street, Houston, 77093 — Sale in Houston, TX, photo 4 of 8
2602 East Crosstimbers Street, Houston, 77093 — Sale in Houston, TX, photo 5 of 8
2602 East Crosstimbers Street, Houston, 77093 — Sale in Houston, TX, photo 6 of 8
2602 East Crosstimbers Street, Houston, 77093 — Sale in Houston, TX, photo 7 of 8
2602 East Crosstimbers Street, Houston, 77093 — Sale in Houston, TX, photo 8 of 8

Investment Figures

Cap rate
6.00%
Price per square foot
$39

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

🏠 VALUE-ADD MULTIFAMILY PROPERTY | MOTIVATED SELLER Currently operating as a 4-unit property (Living + Retail) with plenty of upside! • Two spacious upstairs apartments — 2 bed / 1 bath each • Studio unit • Large retail space with studio • Plenty of parking space in the front and back • Strong value-add potential — property can potentially be converted into a 5- or 6-unit multifamily property , creating an opportunity to increase equity and cash flow 📍 Strategic Location: Just 1/5 mile from Highway 59 and the Hardy Toll Road and approximately 1.5 miles from Highway 610 , providing convenient access to major routes throughout the city. 🔥 Motivated Seller — Bring Your Offer! A great opportunity for an investor looking for a property with value-add potential, multiple income streams, and room to increase returns. Building SF: 4375 | Land Size: 7704.0 SF | Year Built: 1960 | Listing Type: FOR SALE

Market Context

This multifamily in Houston, TX is listed for sale at $170,000 across 4,375 SF. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing multifamily assets. The building dates to 1960. Compare it against other multifamily listings for sale in Houston, TX — view the full market.

As of Q1 2026, the Houston multifamily market showed an 11.5% vacancy rate, and average asking rents near $1384.50/unit/mo. Source: multiple brokerage reports, Q1 2026.

Multifamily market FAQ

Is the Houston multifamily market tightening or softening?
Vacancy is around 11.5% (Q1 2026).

Contact

Explore this market

Similar Multifamily Property for Sale in Houston, TX