Rye Heights_Property for Sale
Rye Heights_Property for Sale

Rye Heights

1111 W 23rd St, Houston, TX, 77008-1813, US

Description

Jones Lang LaSalle (“JLL”) has been exclusively retained to present qualified investors with the rare opportunity to acquire a fee-simple interest in Rye Heights (“the Property” or “the Asset”), a distinctive 211-unit podium-style apartment community located in The Heights, Houston’s fastest growing and most eclectic neighborhood for young professionals and families. Delivered in 2025, Rye Heights offers modern Class A living with thoughtfully designed layouts and premium amenity offerings.


Ideally situated just south of Loop 610 and in close proximity to both N Durham Drive and N Shepherd Drive, the Property provides seamless access to Houston’s most important employment centers, economic drivers, and vibrant local destinations. Residents enjoy walkable access to top retail and entertainment—including H-E-B, M-K-T, Heights Mercantile, and Historic 19th Street—offering an unmatched blend of urban convenience and authentic neighborhood charm.


Rye Heights delivers an exceptional living experience through institutional-grade construction quality and pedestrian-friendly surroundings, presenting new ownership with an unparalleled opportunity to acquire a newly built, high-quality asset in one of Houston’s most desirable and dynamic multifamily markets. The community is positioned to capitalize on the Heights’ robust rental growth trajectory, driven by continued population influx and the expansion of premier employers throughout Houston’s urban core.

...

Attributes

Units
211
Occupancy
97%
Year built
2025
Building area net
16,398 sm
Land area gross
0.69 ha

Media

Investment highlights

  1. New Lease Trade-Outs Above 7%; Renewals Above 9%
  2. Rapid Lease-Up Performance – Stabilized Occupancy Achieved Within 9 Months of Opening
  3. Uniquely Positioned in the Heart of Houston’s Most Coveted Submarket for Young Professionals
  4. Best-In Class Construction with Superior Build Quality
  5. Primed to Benefit from Strong Submarket Fundamentals with Dwindling New Supply
  6. Strategically Located Near Houston’s Major Employment Centers


Rye Heights 4_Property for Sale
Rye Heights 4_Property for Sale

Contact brokers

Rye 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. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Apr 2, 2026