Banyan Kingsland Heights_Property for Sale
Banyan Kingsland Heights_Property for Sale
4104 Scarlet Oak Ln, Brookshire, TX, 77423, US

Banyan Kingsland Heights

Asset Description

Kingsland Heights is a class-A community consisting of 97 homes conveniently situated within the highly sought after Katy ISD, the #1 rated school district in West Houston. The property’s strategic location just south of I-10 and minutes away from State Highway 99 offers it’s residents a short commute to the affluent neighborhoods and major employment centers of West Houston. The Katy/Cinco Ranch/Waterside sub-market has experienced significant growth over the past nine months with a rental rate growth of 7.1%. Additionally, over 1,248 units have been absorbed since January of this year, indicating a high demand for rental properties in the area. The strong average household incomes and home values within a one-mile radius of the community further contribute to its potential for rent growth. As one of the newest properties in the sub-market, Kingsland Heights presents an opportunity for investors to acquire a high-quality product with strong rental upside.

...

Attributes

Number of units
97 units
Occupancy
98%
Year built
2021
Building area gross
15,401 m²
Land area gross
1.62 ha

Media

Investment Highlights

  • Institutional Quality Construction
    • Homes constructed by Ashton Woods, leading national home builder
  • Robust and Well-Educated Labor Force within a 3-Mile Radius
  • Rent Growth Potential – Significant Discount to Mortgage with Income-Fueled Room to Grow
    • $372,454 Average Home Values
    • 16.8% Renter-Occupied Housing Units
  • Zoned to Katy Independent School District
    • #1 School District in the Houston area
    • Ranked #12 in all of Texas, achieving an A+ rating from Niche.com
  • Strong Surrounding Demographics (1-mile)
    • $157,802 Average Household Income
    • 66% of population earns over $100k
  • Highly accessible off Interstate 10, minutes from State Highway 99
Banyan Kingsland Heights 4_Property for Sale
Banyan Kingsland Heights 4_Property for Sale

Contact brokers

Banyan Kingsland Heights (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
25 Mar 2024