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Texas Department of Housing & Community Affairs - Building Homes and Strengthening Communities

Property For Sale

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TDHCA Mortgaged Properties (1)

Multifamily properties funded with HOME, HTF or other TDHCA programs for sale by the Department to a qualified buyer. Restrictions are determined by funding program and the existing Land Use Restriction Agreement (LURA). Please contact the Department for purchase information.

Property City # Units Price Contact Name Date Posted
901 N. Orange Alpine 24 $1,000,000 seller financing w/ forgivable debt provisions Matthew Zimmerman, Asset Resolution Manager 11/20/2012

Housing Tax Credit Qualified Contract (5)

Multifamily tax credit developments for sale by owner to a buyer who will meet or exceed the list price and who will maintain the low-income requirements stated in the Land Use Restriction Agreement (LURA). Offer expires on the deadline listed.

Property City # Units Price Contact Name Date Posted
Deerwood Pines Apartments-414 Maxey Road Houston 140 $11,290,778 Dmitry Gourkine 06/07/2017
Brentwood Oaks Apartments- 604 South Eagle St Fredericksburg 74 $6,944,432 Scott Senese 08/09/2017
Fort Branch at Truman's Landing-5800 Techni Center Austin 250 $24,637,999 Scott Senese 09/06/2017
Oaks of Hitchcock Apartments- 7440 Hwy 6 Hitchcock 160 $10,593,853 Cliff McDaniel 11/01/2017
Greens of Hickory Trail-8613 Old Hickory Trail Dallas 250 $21,677,950 Chris Deuillet 11/10/2017

Housing Tax Credit Right of First Refusal (ROFR) (1)

Multifamily tax credit developments for sale by owner to tenant organizations or qualified nonprofits only. Buyer must meet or exceed the list price and maintain the low-income requirements (see LURA). Offer expires on the deadline listed.

Property City # Units Price Contact Name Date Posted
Rancho del Cielo, Phase II - 3375 Mcallen Road Brownsville 120 $3,482,857 **Minimum Purchase Price- see calculation below Mark Musemeche 06/29/2017

TDHCA Single Family Properties (3)

Single family property for sale by the Department to a qualified buyer. Restrictions are determined by funding program and the existing Land Use Restriction Agreement (LURA) as applicable. Please contact the Department for purchase information.

Property City # Units Price Contact Name Date Posted
5448 CAMPO REAL CIR Brownsville 1 Under Appraisal Homero Cabello 03/28/2014
5428 CAMPO REAL CIRCLE BROWNSVILLE 1 Under Appraisal Homero Cabello 05/19/2015
5476 CAMPO REAL CIRCLE BROWNSVILLE 1 Under Appraisal Homero Cabello 05/19/2015

For Sale By Owner - Not TDHCA Property (4)

Properties for sale by owner which are not listed under the qualified contract or right of first refusal provisions. The property owner is the main point of contact for purchase information.
TDHCA provides this listing as a service for affordable housing developments. Add a Listing

Property City # Units Price Contact Name Date Posted
201 Hill St Smithville 4 $399,900 Mary Ann Green 11/13/2013
FM725 New Braunfels TBD $900,000 Aaron Salsbury 12/05/2013
119 N Stanton El Paso 70+ $2,399,000 Don Pistotnik 07/24/2014
255 Brazoswood Drive Clute 72 $0 Brandon Grisham 09/15/2014