1 / 3016-Unit Multifamily in Huntsville, TX
Walker County, TX · listed Jul 25, 2026 (95 days)
- $/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.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Huntsville, TXNew | $1.58M | $198K$198K | — |
Huntsville, TXStabilized | $460K | $58K$58K | — |
Huntsville, TXNewStabilized | $460K | $58K$58K | — |
Huntsville, TXStabilized | $695K | $87K$87K | — |
Huntsville, TX▼ 5% cutStabilized | $1.85M | $308K$308K | — |
Huntsville, TXNew | $2.85M | $66K$66K | — |





