1 / 6New construction
$3,165,000
16-Unit Multifamily in Texas City, TX
TX · listed May 16, 2022 (1,626 days)
Price per unit compared
This property$198K
Within ~40 mi (238)$100K
Texas median (1,029)$100K
- $/unit
- $197,812
- ▲ 98% vs TX · 84th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 16
- 2018
Financials
- Asking price
- $3,165,000
- Price per unit
- $197,812
- Price per sq ft
- $133
- 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
- 16
- Unit mix
- 16 single-family 3 bedroom, 2 bathroom homes
- Buildings
- Not stated
- Year built
- 2018
- Building size
- 23,824 sq ft
- Avg unit size
- 1,489 sq ft
- Lot size
- Not stated
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 16, 2022
- Days on market
- 1,626 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1155
About this property
Up for sale is this recently developed subdivision located in Texas City, Texas. This subdivision offers 16 single-family 3 bedroom, 2 bathroom homes with 2 car garages constructed around 2018. All 16 homes are approximately 1,489 square feet. Each home offers an updated kitchen and bathrooms, vinyl plank flooring, central air/heat, open-concept floor plan and more! Come see this development today!
Multi-family
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Texas City, TX▼ 1% cutStabilized | $560K | $51K$51K | — |
 La Marque, TXValue-add | $900K | $75K$75K | 7% |
| Texas City, TX New | $550K | $69K$69K | — |
| Texas City, TX New | $550K | $69K$69K | — |
 Texas City, TXNewValue-add | $550K | $69K$69K | — |
| La Marque, TX High yieldValue-add | $615K | $68K$68K | 10.1% |