Fully Stabilized 8-Unit Multifamily Investment 100% Occupied | Recent Capital Improvements

THE OPPORTUNITY

See the potential.

We are pleased to present Fully Stabilized 8-Unit Multifamily Investment 100% Occupied | Recent Capital Improvements , a 8-unit apartment community strategically located at 1205 Avenue A in Katy, Texas. This exceptional multifamily asset offers investors a rare opportunity to acquire a well-maintained residential property in one of the region's strongest rental markets.

Katy Terrace Apartments presents the opportunity to acquire a fully stabilized eight-unit apartment community in the heart of Downtown Katy. The property is 100% occupied following execution of a new lease at $1,180 per month, demonstrating continued rental demand. Recent capital improvements, including a new roof and a complete exterior repaint just completed, significantly reduce near-term capital expenditures while enhancing curb appeal. Investors benefit from immediate cash flow, strong in-place income, and long-term appreciation potential in one of Houston’s fastest-growing suburban markets.

Fully Stabilized 8-Unit Multifamily Investment 100% Occupied | Recent Capital Improvements is a 8-unit multifamily community comprising 6,324 total square feet on a 0.187-acre site in Katy, TX.

The property has demonstrated consistently strong stabilized occupancy, reflecting durable renter demand and effective management at this location.

Management currently in place.

• Investment

THE DETAILS THAT MATTER

A closer look.

Transaction

For sale

Property type

Multifamily

Building area

6,324 SF

Lot area

0.19 acres

Year built

1975

Zoning

Not provided

Price per building SF

$197.66/SF

Information is supplied by the listing source. Unpublished financial fields are omitted. Financial figures and availability should be independently confirmed. Catalog updated Oct 19, 2026.

1205 Avenue A, Katy, TX 77493