Nova 9: Gated Build-Ready Lots Near the University of Houston
Nine new-construction homesites in a gated community minutes from the University of Houston and the Texas Medical Center. Sold permit-ready, with vertical construction and long-term DSCR financing available under one roof.
Built for a Tenant Base that Never Leaves
Nova 9 is a gated nine-home development at 6006 Schroeder Rd, Houston, TX 77021, delivered as a Joint Venture between GL&L Holdings and Martin Develop + Design. GL&L funds the project; Martin Homes designs and builds it.
The location is the whole thesis. The University of Houston enrolls roughly 39,000 undergraduates, and about 82% of them live off campus. Add the Texas Medical Center — the largest medical complex in the world — a few minutes away, and you have two large, renewing tenant pools that don’t depend on any single employer staying in town.
Every Nova 9 duplex unit is a 4-bedroom, 3-bathroom, 1,065 sq ft residence. That configuration is deliberate: it rents by the room to a student group, or whole to a family or a set of medical residents. Most competing rental stock near campus is aging single-family houses cut up over decades. This is new construction, gated, purpose-built for the demand that’s already there.
As at Horizon 24, your $99K purchase includes the lot, the permits, underground utility work, architectural and engineering plans, and impact fees.
Your New Construction Loan is also pre-approved as long as you use our pre-qualified builder. This means you start vertical construction soon after the purchase of the lot instead of waiting 6-9months. You also walk-in with immediate equity because the house is appraised at a higher value than the total costs.
What Your $99K Buys
Priced at $99,000 per homesite, each Nova 9 lot is delivered build-ready:
- Purchase of the Lot
- City of Houston building permits
- Complete underground utility work
- Architectural and engineering plans
- Paid impact fees and closing fees
Estimated figures based on current project modeling. Actual results may vary with construction costs, timeline, financing terms and market conditions. Not a guarantee of profit or investment return. GL&L Holdings, LLC does not provide investment, tax, or legal advice. Please consult your own attorney / CPA / advisors before investing.
How a Nova 9 Investment Works
A single capital partner from lot purchase through long-term hold, which is what keeps the timeline tight and the approvals predictable.
Purchase Your Lot
Acquire a permit-ready homesite for $99K which includes the lot purchase, architectural engineering plans, City of Houston permits, completed underground utility work, and paid impact and closing fees.
Qualify for Construction Financing
Build with our approved builder, Martin Develop + Design, to qualify for a New Construction Loan through GL&L Holdings.
Build Your Home
Martin Homes delivers a 4-bedroom, 3-bathroom residence of 1,065 sq ft each unit or a total of 2,130 sq ft per duplex.
Sell or Refinance & Hold
Exit at resale, or refinance into a 30-year DSCR loan and hold the home for monthly rental cash flow. Use our DSCR Calculator to calculate rent scenarios.
Nine Homes, Gated, Purpose-Built to Rent
Nova 9 delivers a contemporary gated community sized for the tenant profile already living around the university and the medical district.
- 4 bedrooms with 3 full bathrooms
- Each unit has 1,050 sq ft of living space
- Nine homes total: 1 single-family residence and 4 semi-detached duplex buildings
- Gated community with controlled access
- Energy-efficient construction
- Low-maintenance new build with minimal early capital expenditure
Inside the Duplexes
Every Nova 9 semi-detached unit is finished to the same specification: four bedrooms, three full bathrooms and approximately 1,065 square feet, a total of 2,130 sq ft
Bedrooms
Full-height glazing and wide-plank floors, with bedrooms sized for a rent-by-the-room configuration or a single household.
Bathrooms
Three full bathrooms per home with large-format tile, frameless glass and wall-hung fixtures for easy maintenance between tenancies.
Kitchen & Circulation
A galley kitchen in flat-panel oak and stone, opening to the stair core that organises all three levels.
Steps from Campus, Minutes from the Medical Center
Nova 9 sits in Houston’s Third Ward, one of the city’s most actively redeveloping inner-loop neighborhoods, with the University of Houston at one end and the Texas Medical Center a short drive away.
Walk to the University of Houston
The UH main campus is directly adjacent, putting roughly 39,000 undergraduates and the university's staff and faculty within walking distance.
Minutes to the Texas Medical Center
The world's largest medical complex is a short drive away, adding residents, nurses, researchers and staff to the tenant pool.
Inner-Loop Connectivity
Quick access to Highway 288 and Interstate 45, with Downtown Houston, NRG Park and the Museum District all within a few minutes.
Why Third Ward, and Why Now
Third Ward is in active transition. Older housing stock is being replaced by new construction, and the neighborhood’s position between the university, the medical center and Downtown has made it one of the more closely watched inner-loop submarkets in Houston.
Three factors drive the investment case:
- A captive, renewing tenant base — around 39,000 UH undergraduates, roughly 82% of whom live off campus, replenished every academic year
- Medical district employment minutes away, adding a second and largely recession-resistant tenant pool
- Limited new construction rental supply near campus, where most competing inventory is aging single-family stock
| NOVA 9 at a Glance | |
|---|---|
| Address | 6006 Schroeder Rd, Houston, TX 77021 |
| Project Size | 9 Homes – 1 single-family + 4 semi-detached duplexes |
| Developer / Builder | Martin Develop + Design |
| Capital Partner | GL&L Holdings |
| Lot Price | $99,000 |
| Home Size | Approx. 2,130 sq ft per duplex / 1,065 each unit |
| Configuration | 4 bedrooms, 3 bathrooms |
| Financing Available | New Construction loan; 30-year DSCR refinance |
Who Nova 9 Is Built For
Two audiences make this project work: the investors who build it, and the residents who fill it.
For Investors
- Investors building DSCR rental portfolios around a university tenant base
- Investors targeting student housing with new construction rather than aging converted stock
- Builders and spec developers seeking permit-ready inventory inside the Loop
- Investors who want lot acquisition, construction and long-term financing from a single partner
Your Future Buyers & Tenants
- University of Houston students sharing a 4-bedroom home
- Medical residents, nurses and Texas Medical Center staff
- Faculty and university staff wanting a short commute
- Families seeking new construction inside the Loop with gated access
Nova 9 Investor FAQs
Each homesite is delivered build-ready. The purchase price includes City of Houston permits, completed underground utility work, architectural and engineering plans, paid impact fees and closing fees — the pre-construction work that normally consumes months of an investor’s timeline is already done.
Investors must use our approved builder, Martin Develop + Design, to qualify for a vertical construction loan through GL&L Holdings. This keeps construction quality, draw schedules and delivery timelines consistent across all 9 homes.
GL&L Holdings provides the vertical construction financing for qualified investors building with our approved builder. As a direct private lender, we make lending decisions in-house — no board approvals and no middlemen. Contact us to review terms for your situation.
You can sell the completed home, or refinance into a 30-year DSCR loan through GL&L Holdings and hold it for monthly rental cash flow. DSCR loans qualify on the property’s rental income rather than your personal income, which is what makes the build-and-hold path practical for portfolio investors. Another option is to buy a duplex, live on one side and rent the other side. Set up a free consultation call with us to explore your exit strategy.
Current project modeling indicates an estimated profit potential of approximately $33,000 to $36,000 per unit or 36% ROI. These are estimates only. Actual results depend on construction costs, build timeline, financing terms, and market conditions at the time of sale or lease-up, and are cannot be guaranteed. GL&L Holdings, LLC does not provide investment, tax, or legal advice. Please consult your own attorney / CPA / advisors before investing.
With roughly 39,000 UH undergraduates and about 82% living off campus, four-bedroom homes rent well by the room to student groups while remaining attractive to families, medical residents and university staff as a whole-home rental. The 1,065 sq ft floor plan with three full bathrooms is designed to work either way, which gives you more than one path to fill the property.
Nova 9 comprises nine homes in total: one detached single-family residence and four semi-detached duplex buildings. All units share the same 4-bedroom, 3-bathroom, approximately 2,130 sq ft specification and the same finish level. Contact us for current availability by unit type.
Nova 9 is a joint venture between GL&L Holdings, a Houston-based direct private lender with over 15 years in real estate financing, and Martin Develop + Design, the project’s developer and builder.
Reserve Your Nova 9 Homesite
Nine gated lots. Permit-ready. Steps from the University of Houston. Talk with our team about availability, financing terms and projected returns for your investment strategy.
Disclosures. All pricing, home specifications, square footages, timelines and profit estimates are preliminary and subject to change without notice. Estimated profit potential reflects current project modeling and is not a guarantee, projection, or promise of investment return. Financing is subject to underwriting, credit approval and program terms; not all applicants will qualify. Loans are for business-purpose, non-owner-occupied investment property only. GL&L Holdings, LLC does not provide investment, tax, or legal advice. Please consult your own attorney / CPA / advisors before investing. Renderings are artist’s conceptions and may differ from completed construction. Nova 9 is not affiliated with, endorsed by, or sponsored by the University of Houston or the Texas Medical Center; references to these institutions describe geographic proximity only.