▼ 6% cutHigh yieldStabilized
$699,000
6-Unit Multifamily in Carrizo Springs, TX
Dimmit County, TX · listed Mar 18, 2026 (223 days)
▼ Reduced 5.5% on Oct 28, 2026, was $740,000
Price per unit compared
This property$117K
Within ~40 mi (11)$107K
Texas median (1,035)$100K
- $/unit
- $116,500
- ▲ 17% vs TX · 59th pct
- Cap rate
- 9%
- ▲ 1.7 pts vs TX median
- NOI
- $63K
- $10,527/unit/yr
- Units
- 6
Financials
- Asking price
- $699,000
- Price per unit
- $116,500
- Price per sq ft
- $110
- Gross rent / year
- Not stated
- Net operating income
- $63,161
- NOI per unit
- $10,527
- Cap rate
- 9%
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 6
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- 6,372 sq ft
- Avg unit size
- 1,062 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Mar 18, 2026
- Days on market
- 223 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Oct 28, 2026: $740K → $699K
- Location
- Approximate (~0.5 mi)
- Listing #
- 2227
About this property
Fully leased 6-unit apartment in Carrizo Springs with modern units built in 2021. Strong cash flow with $63K NOI and 100% occupancy — turnkey investment ready for immediate income.
Turnkey Multifamily Investment with Strong NOI
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Carrizo Springs, TX▼ 4% cutHigh yieldNew construction | $599K | $120K$120K | 8.9% |
 Carrizo Springs, TXNew | $900K | $24K$24K | — |
 Eagle Pass, TXStabilized | $615K | $103K$103K | — |
 Eagle Pass, TXNew construction | $1.1M | $157K$157K | — |
 Eagle Pass, TX | $575K | $96K$96K | 7.8%gy |
 Eagle Pass, TXStabilized | $639K | $107K$107K | 9%gy |