Timber Trace Collection

Timber Trace Townhomes is strategically located in the heart of Spring Branch, directly adjacent to the Memorial Management District and Hedwig Village. The District composes of over 17 million square feet of commercial and industrial space, including major companies such as Memorial Herman, Microsoft, and many major companies. Spring Branch has experienced significant gentrification over the past few years due to the demand for high-priced family homes from the economic success of the Memorial Management District. Homes in the immediate area and adjacent subdivisions are selling in the million-dollar ranges. The expansion of Memorial district is growing and expanding eastward into the Spring Branch market. Timber Trace Townhomes has excellent access and commute times to major Houston's economic hub, such as the Galleria, Downtown, Energy Corridor, and Westchase District.LE Commercial is pleased to present the exclusive sale of Timber Trace Townhomes & Development. This is an excellent investment opportunity to acquire a stabilized townhouse community and benefit from rental growth throughout the upcoming years. Timber Trace Townhomes consists of 26 townhouses located in the Spring Branch West sub-market. Each townhouse is a two story, two bedroom, one & half bathroom, with patio, and each comes with appliances located in one of Houston's most high demand rental and sales submarket with growth that is projected to be the fastest submarket in Houston MSA. The subject property is effective rents are lower than the average Houston metropolitan asking rate, allowing an investor to increase the NOI by providing additional cash flow and property value growth from annual increasing rental rates. An investor has additional opportunity to redevelop new townhouses to sell or build-to-rent, and to benefit from gentrification through increased land value to boast to exceed over $100.00 per square feet as seen historically in Houston urban submarkets.