MULTIFAMILYRADAR
12-Unit Multifamily in Seabrook, TX, photo 11 / 30
$998,000

12-Unit Multifamily in Seabrook, TX

TX · listed Jul 2, 2026 (118 days)

Price per unit compared
This property$83K
Within ~40 mi (240)$101K
Texas median (1,029)$100K
$/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.

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