1 / 3012-Unit Multifamily in Seabrook, TX
TX · listed Jul 2, 2026 (118 days)
- $/unit
- $83,167
- ▼ 17% vs TX · 34th pct
- Cap rate
- —
- NOI
- $69K
- $5,738/unit/yr
- Units
- 12
- 1963
Financials
- Asking price
- $998,000
- Price per unit
- $83,167
- Price per sq ft
- $108
- Gross rent / year
- Not stated
- Net operating income
- $68,852
- NOI per unit
- $5,738
- 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
- four 2-bedroom, 1-bathroom units & eight 1-bedroom, 1-bathroom units
- Buildings
- Not stated
- Year built
- 1963
- Building size
- 9,251 sq ft
- Avg unit size
- 771 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jul 2, 2026
- Days on market
- 118 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1758
About this property
Located in the charming lakefront community of Seabrook, this well-maintained 12-unit apartment complex presents a strong investment opportunity in a highly sought-after area. The property includes a mix of four 2-bedroom, 1-bathroom units & eight 1-bedroom, 1-bathroom units—perfectly suited for a variety of tenants. All 2-bedroom units feature private, fenced backyards, offering additional outdoor living space—a rare find in multifamily properties. Each unit is equipped with energy-efficient double-pane windows, updated water heaters, and PEX plumbing. As well as 1 covered parking space per unit. 10 of the units have had their HVAC systems replaced within the last 4 years, significantly reducing ongoing maintenance costs. The complex features onsite laundry facility w/ 2 coin-operated washers & dryers. 2025 NOI= $68,852 with rent increases underway & huge upside to turn into vacation rental, within walking distance to Clear Lake-watercraft rentals, waterfront restaurants & nightlife.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Kemah, TX | $2M | $286K$286K | — |
Bacliff, TXStabilized | $3.5M | $292K$292K | — |
Seabrook, TXStabilized | $2.2M | $275K$275K | — |
League City, TX▼ 2% cutValue-add | $1.76M | $110K$110K | 6.8% |
League City, TXStabilized | $1.3M | $118K$118K | — |
Dickinson, TXHigh yieldStabilized | $900K | $69K$69K | 8.5% |





