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NewHigh yieldStabilized
$1,050,000
19-Unit Multifamily in South Houston, TX
TX · listed Oct 25, 2026 (2 days)
Price per unit compared
This property$55K
Within ~40 mi (270)$98K
Texas median (1,196)$92K
- $/unit
- $55,263
- ▼ 40% vs TX · 18th pct
- Cap rate
- 10%
- ▲ 2.6 pts vs TX median
- Gross yield
- 23.9%
- Units
- 19
Financials
- Asking price
- $1,050,000
- Price per unit
- $55,263
- Price per sq ft
- Not stated
- Gross rent / year
- $250,800avg rent × units
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 10%
- Gross yield
- 23.9%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 19
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 25, 2026
- Days on market
- 2 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 1429
About this property
**Off-Market 19-Unit Multifamily | South Houston, TX**
**Asking: $1,050,000 + 3% Fee (Reduced from $1.2M)**
**Property Details:** * 19 units, tenant-occupied * Reported Cap Rate: 10% * Market Rents: ~$1,100/unit * On-site washateria generating ~$7,000/year * Water Expense: ~$700/month * Property Taxes: ~$14,500/year
**Offer Terms:** * $15,000 EMD, refundable if title is not clear * Buyer pays all closing costs
Potential rental upside with additional income from the on-site washateria.
For more details, email **[](mailto:)**.
Location
Somewhere in South Houston. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| South Houston, TX High yieldStabilized | $1.2M | $63K$63K | 10% |
 South Houston, TXStabilized | $550K | $69K$69K | — |
 South Houston, TX | $700K | $70K$70K | — |
 South Houston, TXStabilized | $4.6M | $110K$110K | — |
 South Houston, TXValue-add | $895K | $81K$81K | — |
 Pasadena, TXValue-add | $1.2M | $71K$71K | 7.6% |