Presenting Dogwood Townhomes, a distinguished 33-unit community strategically located in the flourishing suburb of Tomball, Texas. Originally constructed in 1977, with additions in 2001, this property enjoys a history of high occupancy and consistent rent growth, offering an excellent opportunity for increased rental income and enhanced NOI.
The townhomes feature spacious layouts and in-demand amenities such as washer and dryer hookups, making them highly desirable to tenants. Located just outside Houston, Tomball has experienced a remarkable 20% population growth over the past decade, spurring significant commercial and residential expansion. Since 2020, the area has seen the development of 400 acres of commercial space and the construction of over 2,000 new homes, further solidifying its position as a hub of growth and opportunity. Dogwood Townhomes presents a secure and lucrative investment in a dynamic market with exceptional potential for future appreciation.
Tomball, Texas, is a thriving suburb of Houston known for its smalltown charm, strong community atmosphere, and strategic location along major highways like Highway 249 and the Grand Parkway (SH 99). Over the past decade, Tomball has experienced remarkable growth, with a population increase of over 20%, transforming it into one of the region's most sought-after areas for residential and commercial development.
The city's growth is fueled by its proximity to Houston's business hubs and a booming local economy. Tomball has seen significant real estate expansion, with new master-planned communities, luxury homes, and affordable housing developments catering to diverse buyers. Since 2020, more than 2,000 new homes have been constructed, and developers continue to invest in large-scale projects.