12-Unit Multifamily in La Marque, TX
TX · listed Oct 30, 2026 (today)
- $/unit
- $79,167
- ▼ 21% vs TX · 30th pct
- Cap rate
- —
- Gross yield
- 8.1%
- Units
- 12
Financials
- Asking price
- $950,000
- Price per unit
- $79,167
- Price per sq ft
- Not stated
- Gross rent / year
- $76,800
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- 8.1%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 12
- Unit mix
- all 1 bed / 1 bath
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 30, 2026
- Days on market
- Today
- On MultifamilyRadar
- Oct 30, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 2273
About this property
🏢 12-Unit Multifamily | La Marque, TX (Galveston County) | $950,000
Renovated 12-plex, all 1 bed / 1 bath, priced at about $79K per unit.
💰 8 of 12 units leased at $800/month
📈 4 units open for lease-up. At the same $800 rent, a full building brings in $115,200/yr in base rent vs. $76,800 today.
🔧 Fully renovated
💧 Water, trash, and pest control billed separately from rent
❄️ Central AC and heat | Laundry available | Parking
📍 La Marque, between Houston and Galveston, right on I-45 and next to Texas City, where the refineries and chemical plants are a long-time source of local jobs
La Marque has about 19,300 residents, a median household income near $71K, and roughly 31% renter households.
Rent roll and pro forma are available to qualified buyers.
👇 Full details & request more info:
Location
Somewhere in La Marque. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| La Marque, TX High yieldValue-add | $615K | $68K$68K | 10.1% |
 La Marque, TXRenovated 12-Unit Multifamily in La Marque, TX - 8 Units LeasedExclusiveNewValue-add | $950K | $79K$79K | 8.1%gy |
| La Marque, TX NewHigh yieldValue-add | $615K | $68K$68K | 10.1% |
 Texas City, TXStabilized | $550K | $69K$69K | — |
 La Marque, TXValue-add | $900K | $75K$75K | 7% |
 La Marque, TXStabilized | $649K | $81K$81K | — |