Discovery at West Road

Discovery at West Road

Discovery at West Road, 280-unit, 2005-built apartment complex in Jersey Village/Cypress, Northwest Houston, Texas.

Acquisition Date
Oct 23, 2025
Vintage
2005
Unit Count
6.1%

Location

Located in the Jersey Village area in Northwest Houston, Discovery at west Road's location has a strong workforce with abundant single-family housing and retail, situated near major upcoming tech investments. It emphasizes the area’s robust employment access via Highway 290 and the Sam Houston Tollway, placing it within 20 minutes of Houston’s major job centers. The property is zoned to top-ranked Cy-Fair ISD schools, including Gleason Elementary across the street and Cook Middle nearby. It also notes a significant lack of new multifamily construction within 3.5 miles, the lowest supply in 15 years, supporting strong future rental demand.

Background

Beginning in April 2025, LSCRE started tracking Discovery at West Road. An October 2025 loan maturity is forcing the seller to sell for a ~20% loss. LSCRE became the buyer of choice due to ~$200M in transactions with the Newmark Texas Investment Sales team.

Business Plan

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