New
$1,050,000
14-Unit Multifamily in Karnack, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$75K
Within ~40 mi (50)$32K
Texas median (1,196)$92K
- $/unit
- $75,000
- ▼ 19% vs TX · 36th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 14
- 1987
Financials
- Asking price
- $1,050,000
- Price per unit
- $75,000
- Price per sq ft
- $48
- 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
- 14
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1987
- Building size
- 21,983 sq ft
- Avg unit size
- 1,570 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 16, 2026
- Days on market
- 12 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1421
About this property
Highlights
- Established multifamily investment with 14 rental units.
- Approximately 7.7-acre property near Caddo Lake.
- Variety of unit configurations appeal to diverse tenant needs.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Atlanta, TX Value-add | $795K | $53K$53K | 11.7%gy |
| Carthage, TX NewStabilized | $450K | $45K$45K | — |
 Gladewater, TXNew | $895K | $64K$64K | 7.1% |
 Gladewater, TXHigh yieldValue-add | $895K | $64K$64K | 7.1% |
 Longview, TXOwner financingHigh yieldStabilized | $239K | $34K$34K | 27.1%gy |
| Longview, TX NewOwner financingStabilized | $210K | $30K$30K | — |