




$1,099,000
9211 N Green River Dr # 12, Houston, TX, 77078
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About this property
Green River Gardens is a recently refurbished multifamily community originally built in 1965, offering 12 fully occupied units across three buildings on approximately one acre. The property features a desirable mix of one- and two-bedroom units, providing immediate rental income and an established tenant base. Approximately half an acre of excess land provides significant future development potential, with the opportunity to add approximately 14–21 additional apartment units, subject to zoning, permitting, and applicable approvals. With recent renovations, full occupancy, and room for expansion, Green River Gardens offers an attractive combination of immediate cash flow and long-term growth potential. Investors can benefit from an established income-producing asset while unlocking additional value through future development. Key Highlights: 12 occupied units • 3 buildings • 1-acre site • 0.5 acre excess land • Recently refurbished
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Learn About the Market: Opportunity in Houston




Explore
Houston
Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.
From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.
Population Growth
~1.2%
Net Migration
Positive
Median Home Price
$261,700
Unemployment Rate
4.10%
Price Trend
~2–4% YoY growth
New Permits
~6,800 units
City: Houston
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