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Property Details
- Property Type Other
- Property Size 143,792 SF
- Units 144
- Year Built 1975
- Date Updated Jun 11, 2025
Texas Angleton Ranch is a 176-unit, garden-style multifamily community located at 1400 E Henderson Road in Angleton, Texas, directly across from Angleton Junior High School in Brazoria County. Built in 1975, the property consists of 17 two-story buildings offering a desirable mix of one-, two-, and three-bedroom floor plans. Recent interior renovations have modernized the units with granite countertops, stainless steel appliances, fully equipped kitchens, washer/dryer connections, large walk-in closets, and private patios or balconies, with select units featuring fireplaces and ceiling fans.
The community provides a well-rounded amenity package, including on-site laundry facilities, ample surface parking, and lush landscaping. These features, combined with a low-maintenance operational profile, contribute to long-term renter appeal and potential value-add upside.
Located just minutes from Highway 288 and Highway 35, Texas Angleton Ranch offers strong regional connectivity to employment centers in Lake Jackson, Freeport, and Greater Houston. The property is surrounded by essential retail and services, including H-E-B, Kroger and Walmart Supercenter. Angleton, the county seat of Brazoria County, is a growing city with a strong sense of community and hosts the Brazoria County Fair each October, further enhancing its long-term residential demand profile.
Reach out to the broker for more info on lease terms and amenities
Highlights
- 47% Fully renovated Units, 30% Partially Upgraded Units, 23% Classic Units
- ATTRACTIVE LOAN ASSUMPTION: Attractive high leverage loan assumption with current loan balance of $8,172,890 as of April 2025. (6.02% Rate due in September of 2028)
- HIGH OCCUPANCY: Property is currently over 93% Occupancy (Pre-leased) and trending upwards
- NEW BUILDINGS: A total of $2,280,000 was invested by the owner to construct Buildings 14, 15, and 16 in 2021.
- OVER $6MM IN CAPEX: The owner has spent over $6,000,000 in cap ex over the last 8 years.
- VALUE ADD OPPORTUNITY: Value add opportunity as approximately 43 units are in classic condition.
Getting around
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Walk Score ®
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Location
- City Angleton, TX
- Zip Code 77515
- Market Houston
Points of Interest
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Buc-ee's
0.67 miles
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Shell
1.18 miles
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Kroger
1.24 miles
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Valero
1.50 miles
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Love's
2.54 miles
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Cicle A
2.94 miles
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Chevron
3.18 miles
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Lemur
4.90 miles
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Budget Inn
0.74 miles
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Traveler's Inn
1.26 miles
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Best Western Angleton Inn
1.26 miles
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La Quinta Inn & Suites Angleton
3.31 miles
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Courtyard
10.00 miles
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Kroger
1.17 miles
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Walmart Supercenter
1.40 miles
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H-E-B
1.49 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.