
5-Unit Multifamily in Aransas Pass, TX
TX · listed Feb 11, 2026 (259 days)
- $/unit
- $139,800
- ▲ 52% vs TX · 74th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 5
Financials
- Asking price
- $699,000
- Price per unit
- $139,800
- Price per sq ft
- $160
- 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
- 5
- Unit mix
- one 3-bedroom/1-bath, and four-2-bedroom/1-bath units
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- 4,368 sq ft
- Avg unit size
- 874 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Feb 11, 2026
- Days on market
- 259 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1309
About this property
Income-producing opportunity in the heart of Aransas Pass - positioned squarely in the city's growth corridor with full city utilities and strong visibility. Five fully remodeled coastal cabins deliver immediate cash flow with long-term upside in one of the Coastal Bend's most active rental markets. Each cottage has been thoughtfully renovated from the inside out, including new electrical, plumbing, and individual HVAC systems. Every unit features in-unit washer and dryer, dedicated parking, additional off-street parking, and covered parking—an uncommon and highly desirable amenity in this market. Located directly off the main thoroughfare connecting downtown Aransas Pass to Port Aransas Island, accessibility and exposure are unmatched. The property includes a versatile unit mix: one 3-bedroom/1-bath, and four-2-bedroom/1-bath units, all beautifully updated and offered fully furnished making this a true turnkey investment. While currently rented all bills paid, each cabin is individually metered for water, electricity, and gas, providing operational flexibility for future optimization. This is the kind of property investors look for but rarely find: scalable, well-located, and ready to perform from day one. Schedule your private tour today and secure a coastal asset built for income and growth.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
Value-add | $800K | $160K$160K | — |
| Port Aransas, TX NewNew construction | $3.1M | $620K$620K | — |
High yieldStabilized | $1.3M | $144K$144K | 9% |
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High yieldStabilized | $850K | $106K$106K | 10.2% |
| Corpus Christi, TX NewValue-add | $975K | $41K$41K | — |