Multifamily Housing
1220 Waugh Drive Houston, TX 77019
Details & Description
Call for Pricing
    Great opportunity for an investor looking for one or two well located fourplexes with a great long term outlook. The Waugh Drive property consists of a 2,976 SF fourplex sitting on 4,199 SF of land. The West Clay property consists of a 3,016 SF fourplex sitting on 5,101 SF of land. Total land square footage of the two adjoining properties is 9,300 SF. There is one vacancy in each of the properties.This is ideal for an investor to buy and hold with the idea of building townhomes in this dynamic market in the future. Also good for an owner occupant to offset the high cost of home ownership in an area that might otherwise be out of reach financially. Properties can be bought separately or together.Excellent inner-loop location close to shopping, restaurant, bars, and parksWell-maintained building with loyal tenantsEach vacancy is 1 bed/1 bath and ±750 SFOpportunity to increase rents and/or convert to short term rental
    Listing Agents
    Bob Conwell

    O: 281-477-4324
    bconwell@newquest.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1220 Waugh Drive

    Houston, TX 77019

    No Longer Listed
    1220 Waugh Drive Houston, TX 77019 | for Lease | Photo 1
    Price
    $ /mo
    Description

    Great opportunity for an investor looking for one or two well located fourplexes with a great long term outlook. The Waugh Drive property consists of a 2,976 SF fourplex sitting on 4,199 SF of land. The West Clay property consists of a 3,016 SF fourplex sitting on 5,101 SF of land. Total land square footage of the two adjoining properties is 9,300 SF. There is one vacancy in each of the properties.

    This is ideal for an investor to buy and hold with the idea of building townhomes in this dynamic market in the future. Also good for an owner occupant to offset the high cost of home ownership in an area that might otherwise be out of reach financially. Properties can be bought separately or together.

    Excellent inner-loop location close to shopping, restaurant, bars, and parks

    Well-maintained building with loyal tenants

    Each vacancy is 1 bed/1 bath and ±750 SF

    Opportunity to increase rents and/or convert to short term rental

    Attachments & Files

    Houston Area Market Trends

    Listing Demographics for 1220 Waugh Drive Houston, TX 77019

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population28,479173,911430,320
    Population Median Age393837
    Population by Age0-9 Yrs1833 (6%)13792 (7%)42649 (9%)
    10-19 Yrs1129 (3%)9739 (5%)36011 (8%)
    20-29 Yrs6962 (24%)42095 (24%)92058 (21%)
    30-39 Yrs6867 (24%)39026 (22%)83734 (19%)
    40-49 Yrs3564 (12%)22673 (13%)55108 (12%)
    50-59 Yrs3425 (12%)18691 (10%)48515 (11%)
    60-69 Yrs3145 (11%)17315 (9%)41099 (9%)
    70+ Yrs1553 (5%)10579 (6%)31146 (7%)
    Median HH Income$112,475$98,509$83,316
    Total Household Income< 24K1245 (7%)11148 (12%)33126 (17%)
    25-49K1636 (10%)10155 (11%)28918 (14%)
    50-74K2157 (13%)12693 (14%)27780 (14%)
    75-99K1998 (12%)9694 (11%)20530 (10%)
    100-199K4602 (29%)22778 (26%)44758 (23%)
    200K+3959 (25%)19758 (22%)38196 (19%)
    Highest Education LevelNo Diploma471708729942
    Diploma or GED14251155838296
    Some College27551586241568
    Assoc. Degree873563313851
    Bachelors Degree966351037101576
    Higher Degree81454440889510
    Total Housing Units17,53299,412223,240
    --Owner-Occupied7,17936,98185,601
    --Renter-Occupied8,41949,246107,707
    Owner-Occupied Values< 100K1158886558
    100-199K404248810852
    200-299K976444310833
    300-399K1194715212943
    400-499K1192611510795
    500K+32971589433620
    Total Working Age Population25,879154,970367,848
    In Work Force21,095114,716255,785
    Not In Work Force4,78440,254112,063
    Workforce Employed20,667111,121245,405
    Workforce Unemployed4253,50110,226
    Civlian Workforce21,092114,623255,631
    Military Workforce394154
    Total Households15,59886,227193,308
    Family Households6,07934,23189,668
    Non-Family Households9,51951,995103,640
    Married Couple5,14228,55868,647
    Other Family9375,67321,021
    Married w/Child1,2558,65224,854
    Single Male w/Child2415971,940
    Single Female w/Child2381,8797,712

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Fort Bend County354,452+65585,375+44840,383+431,203,029
    Harris County3,400,578+204,092,459+224,978,845+195,924,750

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the building size of this commercial Multifamily property?
    The size of this lease property at '.1220 Waugh Drive.' is 9300 square feet
    What is the population within 1 mile of 1220 Waugh Drive in Houston?
    The population within 1 mile of 1220 Waugh Drive Houston, TX 77019 is 28,479 people.
    Who do I contact for questions about 1220 Waugh Drive?
    You should contact the listing agent, Bob Conwell, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    William P Hobby Airport (HOU) 10
    George Bush Intercontinental Houston Airport (IAH) 16
    Austin Bergstrom International Airport (AUS) 139