7201 Hallshire Dr , Houston, TX, 77016

7201 Hallshire Dr Houston, TX 77016

Houston
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,400,000
Last Verified:
Mar 27, 2025

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Highlights

  • 11,560 SF building with 14 units
  • Renovated in 2017
  • Ideal for Multifamily / Low-Rise/Garden investors
  • Built in 1964
  • Spacious units
  • Modern amenities
  • Well-maintained property
  • Strong rental history

Description

This multifamily investment property at 7201 Hallshire Drive is a 14-unit apartment building, ideally located in the East Little York-Homestead submarket of Houston. Spanning 11,560 square feet on a 0.584-acre lot, the property offers spacious, efficiently laid-out units catering to a growing tenant base in a convenient and connected neighborhood. With close access to major highways and local amenities, this property presents an excellent opportunity for stable rental income in an established residential area.

The East Little York-Homestead submarket in Northeast Houston offers a robust mix of residential communities and local amenities, appealing to families and long-term renters. This area benefits from strategic connectivity via major highways like I-69 and the North Loop, allowing easy access to Downtown Houston and key commercial hubs. Known for well-kept yards and a community-oriented atmosphere, East Little York-Homestead is a growing neighborhood with nearby shopping, schools, and parks, providing a balanced suburban feel with urban convenience.


Year Built: 1964
Building Size: 11560sq ft
Building Class: C
Lot Size: 0.58 acres

Map of 7201 Hallshire Dr , Houston, TX, 77016

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
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