18-Unit Multifamily in Waxahachie, TX
TX · listed Oct 21, 2026 (7 days)
- $/unit
- $213,889
- ▲ 132% vs TX · 88th pct
- Cap rate
- —
- Gross yield
- 7%
- Units
- 18
- 2 bldg · 2021
Financials
- Asking price
- $3,850,000
- Price per unit
- $213,889
- Price per sq ft
- $183
- Gross rent / year
- $270,047
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- 7%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 18
- Unit mix
- 1 bedroom and 2bedroom floor plans
- Buildings
- 2
- Year built
- 2021
- Building size
- 20,994 sq ft
- Avg unit size
- 1,166 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 21, 2026
- Days on market
- 7 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1169
About this property
Rare Investment Opportunity. Spring Creek Villas is a contemporary 18-unit apartment community built in 2021, located just minutes from historic downtown Waxahachie. The apartment complex offers a compact, walkable neighborhood feel while being walking distance to shopping, dining, and entertainment in downtown Waxahachie. The 18 units are arranged in a modern design with 1 bedroom and 2bedroom floor plans ranging from 876 sq ft to 1220 sq ft. Every unit comes completely outfitted with all major appliances, including washer and dryer. Fully gated perimeter with assigned resident parking spaces. Pool with private cabana and a dedicated outdoor grilling area. Direct access points to the popular Waxahachie Creek hike and bike trail. This property appeals to today’s renter profile seeking modern finishes.
Location
Approximate area. The exact address is shared on request.
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