Contacts
GREA
GREA
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Property Details
- Property Type Other
- Property Size 31,696 SF
- Units 32
- Year Built 1968
- Date Updated Aug 18, 2025
Townhomes at Vista Gardens is a 32-unit, townhome-style apartment community located in the high-demand Pasadena submarket of Southeast Houston. Fully occupied, the property offers immediate cash flow and a stable tenant base, largely composed of working-class residents employed in nearby industrial, petrochemical, and shipping sectors.
The community features a mix of primarily two-bedroom, one-and-a-half-bath townhomes and four one-bedroom units, with washer/dryer connections in all but the one-bedrooms. Ten units have been upgraded with modern finishes, achieving strong rent premiums, while 22 classic units present a clear value-add opportunity. Select floorplans have been successfully converted from two- to three-bedroom units with minimal construction, resulting in further rent growth.
Located near major freeways and the Port of Houston, Vista Gardens Townhomes combines strong in-place income with multiple paths for upside.
Reach out to the broker for more info on lease terms and amenities
Highlights
- 100% occupancy and strong in-place rents provide day-one income with minimal leasing risk.
- 22 classic units remain unrenovated. Upgraded units are achieving $260 rent premiums, validating a clear renovation strategy.
- Majority of units include washer/dryer connections and renovated interiors with modern finishes, supporting tenant retention.
- Simple 2-to-3 bedroom conversions increase rents by $150/month with minimal construction, enhancing both revenue and appeal.
- Situated near the Port of Houston, major employers, and refineries-an ideal location for workforce housing.
- Southeast Houston continues to show robust rental demand, long-term tenant stability, and rent growth potential.
Getting around
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65/100
Walk Score ®
-
69/100
Bike Score ®
Location
- City Pasadena, TX
- Neighborhood Alta Vista Acres
- Zip Code 77504
- Market Houston
Points of Interest
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Altic/Howard Hughes
9.27 miles
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UH South/University Oaks
9.56 miles
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Lockwood/Eastwood
9.85 miles
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Mi Tienda
0.92 miles
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The Neighborhood Shop
1.22 miles
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Phillips 66
2.33 miles
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Valero
2.44 miles
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H-E-B Fuel
3.08 miles
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Chevron
3.34 miles
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Murphy USA
3.38 miles
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Shell
3.58 miles
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Exxon
3.61 miles
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eVgo
5.40 miles
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South Point Park & Ride
3.63 miles
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Monroe Park and Ride
3.68 miles
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Armand Walking Trail Parking
3.96 miles
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Wally Park
4.01 miles
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Fuqua Park & Ride
4.05 miles
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PreFlight Airport Parking
4.94 miles
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Parking for Armand Walking Trail
7.43 miles
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Parking for Armand Trail
7.53 miles
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Lot B
7.91 miles
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Lot R
7.99 miles
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Days Inn & Suites By Wyndham Pasadena
0.59 miles
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Super 8 by Wyndham Pasadena
2.17 miles
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La Quinta Inn & Suites
2.17 miles
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Rodeway Inn
2.18 miles
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Holiday Inn Express & Suites Houston E - Pasadena
2.21 miles
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Fairfield Inn & Suites by Marriott Houston Pasadena
2.24 miles
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Home2 Suites by Hilton Houston Pasadena
2.58 miles
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Hampton Inn & Suites Houston/Pasadena
2.69 miles
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Residence Inn Houston Pasadena
2.70 miles
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Island Suites
3.22 miles
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Kroger
0.26 miles
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Fix Crap
0.57 miles
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Mi Tienda
0.90 miles
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Food Town
1.06 miles
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ALDI
1.31 miles
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Mission AC, Plumbing & Electric South Houston
2.04 miles
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Walmart Supercenter
2.26 miles
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Target
2.56 miles
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Ross
2.67 miles
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Joe V's Smart Shop
3.03 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.
