NewHigh yieldValue-add
$1,900,000
25-Unit Multifamily in Houston, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$76K
Within ~40 mi (271)$100K
Texas median (1,029)$100K
- $/unit
- $76,000
- ▼ 24% vs TX · 29th pct
- Cap rate
- 8.7%
- ▲ 1.3 pts vs TX median
- Gross yield
- —
- Units
- 25
- 1972
Financials
- Asking price
- $1,900,000
- Price per unit
- $76,000
- Price per sq ft
- $91
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 8.7%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 25
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1972
- Building size
- 20,787 sq ft
- Avg unit size
- 831 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 16, 2026
- Days on market
- 12 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1441
About this property
Highlights
- Location, location, minutes from I-45 & Loop 610. Approximately 10 minutes from Downtown Houston. Near White Oak Music Hall & IAH Airport
- 8.65% Cap Rate. Located in a rapidly improving area with ongoing redevelopment. Strong Rental Market in a High-Demand Area
- • New roof (installed in 2025) • New central air conditioning systems • New PEX plumbing • New 300-foot main sewer line • New water heaters • Newly re
- Property Flyers
- Oxford_Survey_Enhanced
- Oxford_Apartments_Investment_Booklet
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Houston, TXStabilized | $900K | $90K$90K | — |
 Houston, TXValue-add | $850K | $106K$106K | — |
 Houston, TXNewStabilized | $1.25M | $250K$250K | — |
 Houston, TXValue-add | $1.1M | $69K$69K | 7.4% |
| Houston, TX Stabilized | $1.75M | $88K$88K | 7% |
| Houston, TX Owner financingHigh yieldStabilized | $1.4M | $82K$82K | 9.3% |