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SWE Homes takes pride in helping our customers purchase a home in great neighborhoods. Our Real Estate Specialists can answer your questions about:
Pricing
Property Details
Taxes and Escrow
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Find Out More
SWE Homes takes pride in helping our customers purchase a home in great neighborhoods. Our Real Estate Specialists can answer your questions about:
Pricing
Property Details
Taxes and Escrow
Property Page Lead
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9222 Lockwood Dr , Houston , TX  77016

Property ID# 218001
Available
13850 sq.ft.

24-Unit Multifamily | Corner Lot | New 30-Year Roof (2026) | Owner Financing

9222 Lockwood Dr, Houston, TX 77016

Own a 24-unit apartment community in one of Houston's high-demand rental corridors. This corner-lot property offers 20 one-bedroom and 4 two-bedroom units across 13,850 sq. ft. of building space on 29,240 sq. ft. of land, giving you a strong unit mix, room for tenant parking, and visibility from two streets.

Highlights

  • New 30-year roof installed in 2026, which means fewer near-term capital expenses and more peace of mind
  • 24 units: 20 one-bedroom and 4 two-bedroom
  • Corner lot with 29,240 sq. ft. of land
  • Close to the University of Houston, Texas Southern University, and University of Houston–Downtown, with steady demand from students, staff, and working renters
  • Easy access to major roads and central Houston

Whether you're building a student-housing portfolio or holding for long-term rental income, this is a rare chance to add scale in a single purchase.

Owner financing available. No credit OK. Call today to schedule a showing.

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Property Details

Property Status Available
Property Sq. Ft. 13850
Lot Size 29240
Stories 2
Year Built 1964
Property Type Commercial
City Houston
State Texas
Zipcode 77016
County Harris
School District Houston ISD
Market Area Northeast Houston
Key Map 454G

Pricing

I WANT TO BUY THIS COMMERCIAL PROPERTY
These pricing options are based on our typical loan candidates.  The total price factors in taxes and other fees.  Your actual rate, payment, and costs could be higher.  Call us to learn more about pricing for this property.
  OPTION ONE OPTION TWO OPTION THREE
Price $1,550,000.00 $1,545,000.00 $1,539,000.00
Term Limit 30 years 30 years 30 years
Downpayment $129,999.00 $138,999.00 $149,999.00
Estimated Taxes $24,082.00 $24,082.00 $24,082.00
Monthly Payment* $16,612.05 $16,468.05 $16,293.20

*Escrow is factored into your final monthly payment

  OPTION ONE
Price $1,550,000.00
Term Limit 30 years
Downpayment $129,999.00
Estimated Taxes $24,082.00
Monthly Payment* $16,612.05
  OPTION TWO
Price $1,545,000.00
Term Limit 30 years
Downpayment $138,999.00
Estimated Taxes $24,082.00
Monthly Payment* $16,468.05
  OPTION THREE
Price $1,539,000.00
Term Limit 30 years
Downpayment $149,999.00
Estimated Taxes $24,082.00
Monthly Payment* $16,293.20

Location

Explore Owner Financing
Learn about our Layaway Program
What is escrow?

Escrow accounts are set up to collect property tax and homeowner’s insurance payments each month. When your insurance or property tax bill comes due, the lender uses the escrow funds to pay them

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