We’ve recently bought our first property in Spring Branch. A 46 unit mix of studios, 1 bedrooms, and 2 bedrooms. While not the greatest looking building at the moment, this property is well running and almost full. We plan on making mostly cosmetic improvements in the short term. Below is a picture we found online (and not exactly flattering). As the property is improved, we’ll be sure to take some good ‘after’ photos.
Units start as low as $300 a month for studios, $400 for 1 bedrooms, and $500 for 2 bedrooms.
Spring Branch is starting to become more and more popular due to all the energy activity and it’s proximity to downtown Houston. While we are still giant fans of inner loop locations such as Montrose, midtown, and Heights, we also realize that those locations are getting harder and harder to buy into due to limited supply of properties and increased demand from buyers.