Property Description

Built in 1998, the Property is a 240-unit apartment community totaling 222,672 net rentable square feet, situated on 9.63 acres with 388 parking spaces, including 60 carports and 60 detached garages. The Property is a Class-A apartment community with spacious interiors and attractive finishes. Community amenities include a clubhouse, fitness center, business center, resort-style swimming pool, spa, picnic and grilling area, and a dog park. The Property was renovated in 2021 and contains a mix of fully and partially renovated units as well as classic units.

Property Type



Delaware Statutory Trust

CF Palms
at Clear Lake Multi. DST


Remaining Availability

100% Remaining

Total Funds
Remaining Availability
Taking Backups
Minimum Investment
Funded To Date
Est. Hold Period
10 Years
Equity Raise
Price/SF or Price/Unit

For More Details


Location Details




Population Growth


About The Area

  • The Property is located approximately 24 miles southeast of downtown Houston within the master- planned Clear Lake City community in the southeastern part of Harris County. The community is adjacent to NASA’s Johnson Space Center, Ellington Field, and Baybrook Mall.
  • The Property has excellent access to two of Houston’s major arteries, Interstate 45 and Beltway 8, which connect residents to Houston’s major employment centers. Additionally, the Property is located near a retail corridor, including Kroger supermarkets, Walgreens, Walmart, and fast-casual dining restaurants.
  • The Property is within the Clear Lake Independent School District, which is one of the top ranked school districts in Houston.5



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