MULTIFAMILYRADAR
16-Unit Multifamily in Huntsville, TX, photo 11 / 30
High yieldNew construction
$2,410,000

16-Unit Multifamily in Huntsville, TX

Walker County, TX · listed Jul 25, 2026 (95 days)

Price per unit compared
This property$151K
Within ~40 mi (50)$84K
Texas median (1,029)$100K
$/unit
$150,625
▲ 51% vs TX · 75th pct
Cap rate
11.6%
▲ 4.2 pts vs TX median
NOI
$278K
$17,400/unit/yr
Units
16
8 bldg · 2026

Financials

Asking price
$2,410,000
Price per unit
$150,625
Price per sq ft
$1,076
Gross rent / year
$278,400avg rent × units
Net operating income
$278,400
NOI per unit
$17,400
Cap rate
11.6%
Gross yield
11.6%gross rent ÷ price
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
16
Unit mix
16 Identical Units-Premium Layouts, 2-Bed, 2-Bath
Buildings
8
Year built
2026
Building size
2,240 sq ft
Avg unit size
140 sq ft
Lot size
Not stated
Condition
New construction

Deal terms

Owner financing
Not stated

Listing

Listed
Jul 25, 2026
Days on market
95 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1604

About this property

Summer Place Cottages at (address on request)ace presents an opportunity to acquire a newly delivered condo unit within a 16-unit residential duplex community, offering stable passive income within the growing Huntsville, Texas market. Situated on 2.02 acres and scheduled for completion end of August 2026, the development combines high-quality modern construction with resident-focused features, including private fenced yards and thoughtfully designed living spaces that cater to today's preference for a home-style residential environment. Summer Place Cottages is located minutes of Interstate 45 and outside a FEMA flood zone, helping to mitigate flood-related risk and providing added confidence for long-term ownership.

Highlights

Class A Build-to-Rent (BTR) Townhome Concept.

MASSIVE 2026 TAX SHELTER & BONUS DEPRECIATION: Write off 100% of the cost of short-life assets on very first tax return.

Low Tax Shield: 1.42% tax rate zone, maximizing net cash flow.

Insulated Utility Risk: Electric individually metered and paid by tenants.

Rent is flat-priced at $1,450. monthly with water, trash and community maintenance seamlessly bundled into the lease structure

8 Units Construction Completed and Taking Lease Applications

Remaining 8 Units to be competed by Sept 30th, 2026

Management Company in place, taking applications now. Tenants vetted with 1-year lease and required security and Pet Deposits.

Builder direct Pricing for Asset Repositioning: Trade or 1031-Exchange your raw land into high-yielding, passive-income properties that actually "Earn an Income" and eliminate overhead.

Utilize 100% bonus depreciation to write off significant portions of the acquisition cost in year one.

*Disclaimer: The estimated tax deductions, cost segregation allocations, and 100% Bonus Depreciation outlined herein represent hypothetical scenarios based on standard industry assumptions. Because individual tax situations, income brackets, and passive activity loss limitations vary significantly, the Buyer is strictly required to conduct their own independent due diligence and consult with a licensed CPA or tax professional to verify how these federal tax laws apply to their specific financial profile.

Location

Approximate area. The exact address is shared on request.

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