▼ 5% cutValue-add
$9,500,000
46-Unit Multifamily in Hurst, TX
Tarrant County, TX · listed Jun 26, 2026 (124 days)
▼ Reduced 5% on Aug 17, 2026, was $10,000,000
Price per unit compared
This property$207K
Within ~40 mi (153)$135K
Texas median (1,196)$92K
- $/unit
- $206,522
- ▲ 124% vs TX · 87th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 46
- 2014
Financials
- Asking price
- $9,500,000
- Price per unit
- $206,522
- Price per sq ft
- $135
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 98%
As stated by the seller. Verify during due diligence.
Building
- Units
- 46
- Unit mix
- Three-bedroom, two-bathroom unit mix
- Buildings
- Not stated
- Year built
- 2014
- Building size
- 70,308 sq ft
- Avg unit size
- 1,528 sq ft
- Lot size
- 15.51 acres
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jun 26, 2026
- Days on market
- 124 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Aug 17, 2026: $10M → $9.5M
- Location
- Approximate (~0.5 mi)
- Listing #
- 1472
About this property
46-Unit Hurst Townhomes — Below-Market Rents, Land for Expansion
Highlights
- 46-unit Townhome portfolio located in Hurst, Texas
•Three-bedroom, two-bathroom unit mix with individual patios
- Current rental rates are $260 below market, presenting a mark-to-market opportunity through natural turnover and lease renewals
- (address on request) having received a new roof in 2025, helping reduce near-term capital expenditure exposure
- Develop additional units on existing vacant land
- Add covered parking and implement charges for ancillary income
- The surrounding 3-mile trade area reports a median household income of $72,800
- Elementary schools are noted at 8/10, while the middle school is rated 9/10
- 97.8% occupancy
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Hurst, TXNew | $9.5M | $207K$207K | — |
 Euless, TX | $2.58M | $172K$172K | — |
 Arlington, TX▼ 11% cutHigh yieldValue-add | $1.32M | $166K$166K | 17.2%gy |
 Arlington, TXNew construction | $4.5M | $450K$450K | 5% |
 North Richland Hills, TXValue-add | $1.63M | $135K$135K | 10.9%gy |
 Arlington, TXStabilized | $2.8M | $350K$350K | 5.5% |