MULTIFAMILYRADAR
11-Unit Multifamily in Tioga, TX, photo 11 / 2
$3,250,000

11-Unit Multifamily in Tioga, TX

Grayson County, TX · listed Mar 4, 2026 (238 days)

Price per unit compared
This property$295K
Within ~40 mi (34)$168K
Texas median (1,196)$92K
$/unit
$295,455
▲ 221% vs TX · 94th pct
Cap rate
—
 
NOI
$165K
$14,997/unit/yr
Units
11
6 bldg · 2018

Financials

Asking price
$3,250,000
Price per unit
$295,455
Price per sq ft
$202
Gross rent / year
$226,200
Net operating income
$164,964
NOI per unit
$14,997
Cap rate
Not stated
Gross yield
7%gross rent ÷ price
Occupancy
100%

As stated by the seller. Verify during due diligence.

Building

Units
11
Unit mix
five duplexes (10 townhomes) and one single family
Buildings
6
Year built
2018
Building size
16,074 sq ft
Avg unit size
1,461 sq ft
Lot size
2.1 acres
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Mar 4, 2026
Days on market
238 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1306

About this property

Income producing investment property includes five duplexes (10 townhomes) and one single family on 2.101 acres. Each townhome is 1416 square feet, the single family house is 1904 square feet. All new roofing done in 2023. Each bright and spacious townhome is 3 bedrooms, 2 full bathrooms, open floor plan, granite and stainless steel kitchen with breakfast island, dining area, primary bedroom on first floor with full bathroom, full size laundry on first floor, private fenced backyard, individual carport, spray foam insulation for low electric bills, individual electric and water meter. The single family home has 4 bedrooms, 2 full and one half bathrooms, open floor plan and huge yard. There is room to add more duplexes. Just minutes to the Tollway extension for easy access to the DFW Metroplex and airports. Lake Ray Roberts and state parks are nearby.

Multifamily

Location

Approximate area. The exact address is shared on request.

Similar buildings nearby

PropertyPrice$/unitCap
Whitesboro, TX
NewNew construction
$1.7M$283K7.8%gy
Whitesboro, TX
NewNew construction
$1.7M$283K7.8%gy
Whitesboro, TX
New construction
$1.7M$283K7.8%gy
8-Unit Multifamily in Denton, TXDenton, TX
Stabilized
$1.4M$175K10.8%gy
9-Unit Multifamily in Denton, TXDenton, TX
New
$199K$22K—
12-Unit Multifamily in Denton, TXDenton, TX
New▼ 3% cutStabilized
$1.9M$158K9.1%gy