MULTIFAMILYRADAR
24-Unit Multifamily in Crockett, TX, photo 11 / 17
NewHigh yieldStabilized
$1,750,000

24-Unit Multifamily in Crockett, TX

TX · listed Oct 30, 2026 (1 day)

Price per unit compared
This property$73K
Texas median (1,004)$100K
$/unit
$72,917
▼ 27% vs TX · 27th pct
Cap rate
—
 
Gross yield
12%
 
Units
24
1977

Financials

Asking price
$1,750,000
Price per unit
$72,917
Price per sq ft
$900
Gross rent / year
$210,000
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
12%gross rent ÷ price
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
24
Unit mix
24 rental units
Buildings
Not stated
Year built
1977
Building size
1,944 sq ft
Avg unit size
81 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Oct 30, 2026
Days on market
1 day
On MultifamilyRadar
Oct 31, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
2280

About this property

Excellent investment opportunity in the Rolling Hills Neighborhood! This income-producing property features 24 rental units situated on approximately 3.35 acres. Each unit offers an identical floor plan featuring 2 bedrooms, 1.5 bathrooms, and a cozy fireplace. Exterior construction consists of a combination of brick and siding. Parking accommodations vary throughout the property, with some units offering carports and others featuring covered parking in the rear. Interior finishes include a combination of vinyl flooring and tile. All 24 units are currently rented, generating approximately $17,500 in monthly rental income and $210,000 annually in gross rental income. The owner has made updates and completed repairs as needed, and the units are in good overall condition. With established tenants, consistent rental income, and an attractive gross return, this property offers an excellent opportunity for investors looking to expand their portfolio!

Location

Approximate area. The exact address is shared on request.

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