Value-add
$925,000
13-Unit Multifamily in Houston, TX
TX · listed Feb 12, 2026 (258 days)
Price per unit compared
This property$71K
Within ~40 mi (270)$98K
Texas median (1,196)$92K
- $/unit
- $71,154
- ▼ 23% vs TX · 33rd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 13
- 1963
Financials
- Asking price
- $925,000
- Price per unit
- $71,154
- Price per sq ft
- $123
- 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
- 13
- Unit mix
- 1and 2 bedrooms
- Buildings
- Not stated
- Year built
- 1963
- Building size
- 7,500 sq ft
- Avg unit size
- 577 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Feb 12, 2026
- Days on market
- 258 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1851
About this property
Nice complex, 1and 2 bedrooms by Hobby airport. good condition, no smoking no pets. opportunity for value add,.
Multi-family
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Houston, TXStabilized | $1.9M | $95K$95K | — |
 Houston, TXStabilized | $1.4M | $100K$100K | 6.4% |
 Houston, TXValue-add | $3.16M | $85K$85K | — |
 Houston, TXNewValue-add | $1.3M | $62K$62K | — |
 Houston, TXHigh yieldValue-add | $1.65M | $103K$103K | 7.3% |
 Houston, TX | $1.75M | $88K$88K | 7% |