1 / 326-Unit Multifamily in Commerce, TX
Hunt County, TX · listed Apr 17, 2026 (194 days)
▼ Reduced 12.8% on Oct 16, 2026, was $4,700,000
- $/unit
- $157,692
- ▲ 71% vs TX · 79th pct
- Cap rate
- 5%
- ▼ 2.4 pts vs TX median
- NOI
- $247K
- $9,515/unit/yr
- Units
- 26
- 13 bldg · 2015
Financials
- Asking price
- $4,100,000
- Price per unit
- $157,692
- Price per sq ft
- $107
- Gross rent / year
- $436,440
- Net operating income
- $247,395
- NOI per unit
- $9,515
- Cap rate
- 5%
- Gross yield
- 10.6%gross rent ÷ price
- Occupancy
- 92%
As stated by the seller. Verify during due diligence.
Building
- Units
- 26
- Unit mix
- three-bedroom, two-bath layouts
- Buildings
- 13
- Year built
- 2015
- Building size
- 38,344 sq ft
- Avg unit size
- 1,475 sq ft
- Lot size
- 5.72 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Apr 17, 2026
- Days on market
- 194 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Oct 16, 2026: $4.7M → $4.1M
- Location
- Approximate (~0.5 mi)
- Listing #
- 1999
About this property
Premier Investment Opportunity – 26-Unit Duplex Portfolio Near Texas A&M University-Commerce Introducing an exceptional opportunity to acquire a high-performing 26 unit duplex portfolio, on one street in the vibrant and steadily growing college town of Commerce, Texas. Just minutes from Texas A&M University in Commerce, this property benefits from strong rental demand driven by faculty, long-term residents and students seeking quality housing in a convenient location. Each unit is thoughtfully designed with a spacious 3-bedroom, 2-bath layout, featuring an open living plan that maximizes natural light and livability. Tenants enjoy the added convenience of a one-car garage and the appeal of a large yard, offering both functionality and comfort, features that help ensure consistently strong occupancy. Each unit in this portfolio was built between 2005 and 2015 and has been impeccably maintained, reflecting attentive ownership and professional management. With an impressive occupancy rate exceeding 92% and a cap rate above 5%, investors can step into a turnkey, income producing asset with proven performance and stability. Offered as a complete package deal and immediately available, this portfolio represents a rare chance to secure a large, well-positioned investment in a market with enduring demand and long-term growth potential. Seller's Principal is a Licensed Real Estate Broker in the State of Texas.
Multifamily | 5.00% CAP | 26 Units
Highlights
- Multi-Family
- 2 Baths
- 3 Bedrooms
- Built in 2015
- Virtual Tour:
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Owner financing | $330K | $41K$41K | — |
Greenville, TXOwner financingStabilized | $2.78M | $164K$164K | 8.7%gy |
Greenville, TXStabilized | $1.95M | $217K$217K | — |
Stabilized | $795K | $159K$159K | 7.3% |
Greenville, TXValue-add | $650K | $130K$130K | 10.5%gy |
Stabilized | $800K | $160K$160K | 7.2% |


