Commercial Property for Sale in Waller Texas 77484

31380 FM 2920, Waller Texas, 77484

Listing ID: CL-Texas-27173 Commercial Inn Lodging and Hospitality
Published on: Tuesday, December 23, 2025 | Updated on: Tuesday, December 23, 2025

Listing Summary

Holiday Inn Express & Suites Waller - Prairie View - Waller, TX

Full Description

 


Property Summary:

75-Room Holiday Inn Express & Suites - Waller/NW Houston

This is a high-performing, well-maintained, 75-room Holiday Inn Express & Suites, ideally situated off Highway 290 near the rapidly growing Waller market.

Category Detail
Location Waller, TX (40 miles NW of Houston)
Rooms 75, 3-story, Interior Corridor
Performance TTM Revenue (through Apr): $1,842,306
RevPAR Index 102.2 (as of March 2025)
Condition Recently renovated; public areas completed for Formula Blue 2.0 PIP.
Anchor Demand Daikin Texas Technology Park (4M+ SF HVAC facility), Prairie View A&M University.
Future Growth Near the upcoming $30M Crystal Lagoon Resort (opening May 2026).

The stability of corporate demand from Fortune 1000 employers like Daikin and strong future leisure draw make this a secure asset.


 

Quick Glance

  • Listing ID: CL-Texas-27173
  • Status: Active
  • Year Build: 2009
  • Building Size: 44,031 SqFt
  • Lot Size: 2.40 Acre

Property Documents

No documents available.

Complete Details

  • Year Build: 2009
  • Building Size: 44,031 SqFt
  • No of Stories: 3
  • Total Lot Area: 2.40 Acre
  • No of Parking: 80
  • No of Total Units: 75
  • Heating and Cooling: Not Specified
  • Building Class: Class B

Pricing Details

Additional Features

Highlights
  • 75 Units
  • Offers Encouraged - Seller Prefers to Sell Instead of Completing Partially Completed Formula Blue PIP
  • 3 Story, Interior Corridor Hotel
  • Net Income in 2024: $750,941.42, a Cap Rate of 12.31%
  • Tremendous Growth Right Now in Waller Including Upwards of 43,000 New Homes & Apartments in Planning/Development
  • Excellent Location 40 Miles Northwest of Houston, TX
  • Diverse Demand Generators Nearby including a New $30 Million Development for Crystal Lagoon, a Luxury Water Resort, Set to Open May 2026
Features
  • Price Per Room: $81,333
  • APN/PARCEL ID: 1308490010003

Listing Location

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