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Bay House 2041 San Sebastian Ct

188 Unit Block of Flats £14,741,255 (£78,411/Unit) Houston, TX 77058

Investment Highlights

  • 9Ft Ceilings, All Utilities Included, All-electric Kitchen, Balcony or Patio, Breakfast Bar
  • Extra Storage, Furnished Available, Hardwood Floors, Mini Blinds, Pantry
  • Walk-in Closets, Washer and Dryer Connections*, Washer and Dryer in Home*
  • Cable Ready, Carpeted Floors, Ceiling Fans, Central Air and Heating, Dishwasher
  • Refrigerator, Tile Floors, Vaulted Ceilings, Vertical Blinds, Views Available

Executive Summary

The Nassau Bay area, home to Bay House Apartments, is a thriving submarket within
Houston with strong demand for both residential and commercial properties. Its
proximity to Clear Lake and NASA's Johnson Space Center makes it a desirable location
for professionals, families, and investors alike.
Key Features of the Nassau Bay Real Estate Market:
High Demand: The area experiences consistent interest from renters and buyers due
to its location near major employment hubs, such as the aerospace sector anchored
by the Johnson Space Center.
Strong Rental Market: Properties in Nassau Bay command competitive rental rates,
with multi-family units like Bay House Apartments benefiting from steady occupancy
levels and a robust tenant pool.
Diverse Demographics: The population includes professionals, retirees, and families
seeking proximity to quality schools, recreational amenities, and Houston’s cultural
and economic offerings.
Stable Property Values: The area's strong employment base, amenities, and
waterfront attractions help stabilize property values, providing a reliable return on
investment for landlords and investors.
Amenities Driving Growth: Nassau Bay’s reputation for recreational opportunities,
including Clear Lake’s boating and fishing activities, as well as its retail and dining
options, enhances its attractiveness to both residents and prospective buyers.

Property Facts

Price £14,741,255
Price Per Unit £78,411
Sale Type Investment
No. Units 188
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 5.35 AC
Building Size 166,440 SF
Average Occupancy 53%
Number of Floors 2
Year Built/Renovated 1984/2015
Parking Ratio 1.94/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Vaulted Ceiling
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Handrails
  • Patio
  • Trash Compactor
  • Vinyl Flooring
  • Warming Drawer
  • Wheelchair Accessible (Rooms)
  • Window Coverings
  • Large Bedrooms

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Fitness Centre
  • Laundry Facilities
  • Playground
  • Pool
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Tennis Court
  • Basketball Court
  • Renters Insurance Program
  • Walking/Biking Trails
  • Storage Space
  • Bicycle Storage
  • Hearing Impaired Accessible
  • Maintenance on site
  • Multi Use Room
  • Online Services
  • Vision Impaired Accessible
  • Public Transportation
  • Individual Locking Bedrooms
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 111 - 612 - 845
2+1 26 - 978 - 1,020
2+1.5 16 - 1,192
2+2 30 - 845 - 1,038
2+2.5 4 - 1,252
3+3 3 - 1,348

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0402110010016
Land Assessment
£1,507,023
Improvements Assessment
£15,455,516
Total Assessment
£16,962,539
  • Listing ID: 34305694

  • Date on Market: 27/12/2024

  • Last Updated:

  • Address: 2041 San Sebastian Ct, Houston, TX 77058

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