MULTIFAMILYRADAR
12-Unit Multifamily in La Joya, TX, photo 11 / 11
High yieldStabilized
$1,354,313

12-Unit Multifamily in La Joya, TX

TX · listed Apr 28, 2026 (183 days)

Price per unit compared
This property$113K
Within ~40 mi (146)$85K
Texas median (1,029)$100K
$/unit
$112,859
▲ 13% vs TX · 58th pct
Cap rate
8%
▲ 0.7 pts vs TX median
NOI
$108K
$9,029/unit/yr
Units
12
2022

Financials

Asking price
$1,354,313
Price per unit
$112,859
Price per sq ft
$580
Gross rent / year
Not stated
Net operating income
$108,345
NOI per unit
$9,029
Cap rate
8%
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
2022
Building size
2,336 sq ft
Avg unit size
195 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Apr 28, 2026
Days on market
183 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1356

About this property

An exceptional opportunity to acquire a 12-unit townhome portfolio offering scale, stability, and long-term investment potential in a high-demand rental market. Each unit features a well-designed 3-bedroom, 2-bathroom open-concept layout with quartz countertops, ample cabinetry, and durable, low-maintenance finishes. All units are fully equipped with kitchen appliances, washer, and dryer, enhancing tenant appeal. The property is designed for efficient ownership with low-maintenance construction and private backyard spaces, supporting consistent occupancy and predictable expenses. A strong, stabilized asset with reliable cash flow and long-term appreciation potential.

Multifamily | 8.00% CAP | 12 Units

Highlights

  • 12-unit townhome portfolio delivering scale, stability, and strong investment potential in a high-demand rental market
  • Modern 3-bedroom, 2-bathroom open-concept layouts with quality finishes, including quartz countertops and ample cabinetry
  • Fully equipped units with appliances, washer/dryer, and private backyard spaces supporting consistent occupancy and

Location

Approximate area. The exact address is shared on request.

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