New
$235,000
10-Unit Multifamily in Raymondville, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$24K
Within ~40 mi (203)$82K
Texas median (1,196)$92K
- $/unit
- $23,500
- ▼ 74% vs TX · 2nd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 10
- 1980
Financials
- Asking price
- $235,000
- Price per unit
- $23,500
- Price per sq ft
- $46
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 10
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1980
- Building size
- 5,097 sq ft
- Avg unit size
- 510 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 16, 2026
- Days on market
- 12 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1485
About this property
Highlights
- This 10-plex multi-family property, sitting on a spacious 1-acre lot surrounded by mature trees, offers endless potential.
- The property units features newly installed electrical wiring, ensuring safety and efficiency for years to come.
- With its expansive lot and serene setting, this property is ideal for those looking to invest in a promising multi-family venture.
- Property Flyers
- 11162 Business 77 - Survey
- commercial property condition statement
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Elsa, TXNew construction | $950K | $95K$95K | — |
| Harlingen, TX High yieldStabilized | $320K | $36K$36K | 21.5%gy |
 Harlingen, TXNew construction | $760K | $127K$127K | — |
 Harlingen, TXNew▼ 13% cut | $350K | $39K$39K | — |
| Harlingen, TX High yieldValue-add | $325K | $36K$36K | 16.1%gy |
| Harlingen, TX | $350K | $39K$39K | — |