MULTIFAMILYRADAR
5-Unit Multifamily in Livingston, TX, photo 11 / 30
Stabilized
$725,000

5-Unit Multifamily in Livingston, TX

TX · listed Sep 25, 2026 (33 days)

Price per unit compared
This property$145K
Within ~40 mi (16)$76K
Texas median (1,029)$100K
$/unit
$145,000
▲ 45% vs TX · 72nd pct
Cap rate
—
 
NOI
$65K
$13,000/unit/yr
Units
5
5 bldg · 2024

Financials

Asking price
$725,000
Price per unit
$145,000
Price per sq ft
$207
Gross rent / year
$85,000
Net operating income
$65,000
NOI per unit
$13,000
Cap rate
Not stated
Gross yield
11.7%gross rent ÷ price
Occupancy
100%

As stated by the seller. Verify during due diligence.

Building

Units
5
Unit mix
Not stated
Buildings
5
Year built
2024
Building size
3,500 sq ft
Avg unit size
700 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Sep 25, 2026
Days on market
33 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
2082

About this property

INVESTORS! Welcome to a unique investment opportunity in Livingston, where nearly 5 acres, multiple income-producing homes, and room for future possibilities come together on one property. Situated on approximately 4.9 acres, this property currently features five thoughtfully placed container homes, all actively generating rental income. Four of the homes offer approximately 640 sqft and currently rent for $1,250–$1,350 per month, while the approximately 320 sqft home rents for $800 per month. One unit is currently utilized as a short-term rental (STR), offering an additional income strategy alongside the long-term rentals. The property is conveniently located right off Highway 190 and approximately 7 minutes from Naskila Casino, providing easy access and potential exposure for a variety of future uses. This property offers flexibility. With five rental units already in place and additional acreage surrounding them, the next owner has the opportunity to build on what is already working while bringing their own vision to the property. Whether that means continuing the current rental setup, creating additional income streams, or exploring other uses for the land, there is plenty of room to make it your own. The combination of acreage, existing rental income, Highway 190 access, proximity to Naskila Casino, and future-use potential makes this a property that is difficult to replicate. A unique opportunity for an investor looking for more than the typical rental property in the Livingston area.

Location

Approximate area. The exact address is shared on request.

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