New
$585,000
37-Unit Multifamily in Wills Point, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$16K
Within ~40 mi (26)$172K
Texas median (1,029)$100K
- $/unit
- $15,811
- ▼ 84% vs TX · 0th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 37
- 1996
Financials
- Asking price
- $585,000
- Price per unit
- $15,811
- Price per sq ft
- $81
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 37
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1996
- Building size
- 7,200 sq ft
- Avg unit size
- 195 sq ft
- Lot size
- Not stated
- Condition
- Not stated
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 #
- 1787
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 West Tawakoni, TXNewStabilized | $4.25M | $137K$137K | — |
 Emory, TX▼ 10% cutValue-add | $1.75M | $88K$88K | 6.8% |
 Mineola, TXNew construction | $6.5M | $135K$135K | 4.1% |
 Greenville, TXOwner financingStabilized | $2.78M | $164K$164K | 8.7%gy |
 Greenville, TXStabilized | $1.95M | $217K$217K | — |
 Commerce, TX▼ 13% cutStabilized | $4.1M | $158K$158K | 5% |