NewValue-add
$1,080,000
12-Unit Multifamily in Irving, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$90K
Within ~40 mi (147)$133K
Texas median (1,196)$92K
- $/unit
- $90,000
- ▼ 2% vs TX · 48th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 12
- 1962
Financials
- Asking price
- $1,080,000
- Price per unit
- $90,000
- Price per sq ft
- $179
- 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
- 12
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1962
- Building size
- 6,029 sq ft
- Avg unit size
- 502 sq ft
- Lot size
- Not stated
- Condition
- Value-add
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 #
- 1432
About this property
Highlights
- Conveniently positioned near major thoroughfares, offering strong connectivity for tenants and future development.
- Well-kept structures and simple operating needs help reduce ongoing expenses and management demands.
- Fully occupied with long-term tenants, providing consistent cash flow and minimal turnover risk.
- Opportunities for rent increases, value-add improvements, or redevelopment make this an excellent future-growth asset.
- Located in a high-demand Irving submarket known for stable occupancy and continued economic expansion.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Irving, TXNewStabilized | $900K | $113K$113K | 6% |
| Irving, TX NewValue-add | $1.05M | $131K$131K | — |
| Irving, TX NewValue-add | $1.05M | $131K$131K | — |
| Irving, TX NewValue-add | $1.05M | $131K$131K | — |
 Dallas, TXStabilized | $825K | $103K$103K | — |
 Dallas, TXNew construction | $2.1M | $420K$420K | — |