
16-Unit Multifamily in Comanche, TX
TX · listed Jul 28, 2026 (92 days)
- $/unit
- $42,188
- ▼ 54% vs TX · 10th pct
- Cap rate
- —
- NOI
- $93K
- $5,804/unit/yr
- Units
- 16
- 2 bldg · 1967
Financials
- Asking price
- $675,000
- Price per unit
- $42,188
- Price per sq ft
- $105
- Gross rent / year
- $123,868
- Net operating income
- $92,870
- NOI per unit
- $5,804
- Cap rate
- Not stated
- Gross yield
- 18.4%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 16
- Unit mix
- Not stated
- Buildings
- 2
- Year built
- 1967
- Building size
- 6,436 sq ft
- Avg unit size
- 402 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jul 28, 2026
- Days on market
- 92 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2048
About this property
Welcome to a rare investment opportunity: a 16-unit multifamily property located in the heart of Comanche, Texas, the county seat of Comanche County. This strategically positioned asset combines stable cash flow with the charm of a small Central Texas town. With 16 units, the property offers meaningful scale while remaining manageable. In small markets like Comanche, long-term tenants are common, reducing vacancy risk. The city’s stable population, modest income levels, and moderate home values create consistent demand for quality rental housing. This 16-unit complex has been consistently well maintained, reflecting attentive ownership and stable long-term operations. Hold for cash flow or reposition with improvements and reappraise — small-town multifamily often benefits from value-add plays and long-term steadiness. This 16-unit multifamily property in Comanche, Texas, represents a compelling blend of stable income, value-add potential, and community-driven demand. For investors looking to diversify into a low-cost, small-market multifamily play with long-term upside, this asset offers a rare opportunity in Central Texas.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Comanche, TX | $2M | $286K$286K | — |
Dublin, TX | $599K | $75K$75K | — |
Dublin, TXStabilized | $529K | $88K$88K | 10.5%gy |
High yieldValue-add | $870K | $87K$87K | 9.1% |
| Brownwood, TX High yieldStabilized | $795K | $80K$80K | 7.6% |
| Brownwood, TX High yieldStabilized | $795K | $80K$80K | 7.6% |


