MULTIFAMILYRADAR
6-Unit Multifamily in Bangs, TX, photo 1
High yield
$485,000

6-Unit Multifamily in Bangs, TX

TX · listed Jul 15, 2026 (105 days)

Price per unit compared
This property$81K
Within ~40 mi (6)$80K
Texas median (1,196)$92K
$/unit
$80,833
▼ 12% vs TX · 40th pct
Cap rate
—
 
NOI
$52K
$8,633/unit/yr
Units
6
4 bldg · 1981

Financials

Asking price
$485,000
Price per unit
$80,833
Price per sq ft
$98
Gross rent / year
$61,800
Net operating income
$51,800
NOI per unit
$8,633
Cap rate
Not stated
Gross yield
12.7%gross rent ÷ price
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
6
Unit mix
Not stated
Buildings
4
Year built
1981
Building size
4,936 sq ft
Avg unit size
823 sq ft
Lot size
Not stated
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Jul 15, 2026
Days on market
105 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1794

About this property

4 duplexes 2 free standing and 1 needs to be completed inside. There is a vacant lot where more could be constructed and the storage container will be moved from lot when sold. The owner has taken very good care of this property and he also mows the yards to be sure things look cared for. The second free stand unit needs to finished inside. You can get an idea what it will look like when you see the first one. Great neighborhood and not much traffic. They are very close to the Jr. high and The High school. Short walking distance. The tenants are screened and have background checks done. Great cash flow and Investment property. All are rented with the exception of the one that needs to be finished inside. Good Tenants pay on time and take care of the property. Each Duplex has 2 bedrooms 1 full bath eat in kitchen and living area. Each duplex rents for $850 per month. The Free Standing unit is 2 bedroom 1 bath and rents for $1750 per month. LISTING AGENT AND OWNER MUST BE PRESENT FOR ALL SHOWING. FINANCIALS UPON REQUEST.

Location

Approximate area. The exact address is shared on request.

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