
15-Unit Multifamily in Hempstead, TX
TX · listed Jul 1, 2026 (119 days)
- $/unit
- $132,333
- ▲ 44% vs TX · 70th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 15
- 2007
Financials
- Asking price
- $1,985,000
- Price per unit
- $132,333
- Price per sq ft
- $145
- 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
- 15
- Unit mix
- 3 single family, 2 duplex's, 1 triplex, 1 5 unit apartment building under construction
- Buildings
- Not stated
- Year built
- 2007
- Building size
- 13,725 sq ft
- Avg unit size
- 915 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jul 1, 2026
- Days on market
- 119 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1938
About this property
Welcome to Meadow view Estates! This incredible investment opportunity features 15 rental units sitting on approximately 3.25 acres in the heart of Hempstead. Come enjoy peace and quiet in this private community while only being a short commute from Cypress, Tomball, College Station & so much more! Great opportunity to run your commercial business out of the double garage/shop's while the single family & multi family units create passive income for you and your business! The owner took extreme pride in building these units & it shows. Clean paved driveways & parking spaces for each and every unit. Secure access via the remote control gate. 10 mature Oak trees scattered throughout the property. This property truly is one-of-a-kind. ALL completed units currently have tenants in place allowing for you to cash flow starting from day 1! 3 single family, 2 duplex's, 1 triplex, 1 5 unit apartment building under construction.
Location
Approximate area. The exact address is shared on request.
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