NewStabilized
$1,599,000
6-Unit Multifamily in Houston, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$267K
Within ~40 mi (283)$98K
Texas median (1,196)$92K
- $/unit
- $266,500
- ▲ 189% vs TX · 93rd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 6
- 1970
Financials
- Asking price
- $1,599,000
- Price per unit
- $266,500
- Price per sq ft
- $177
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- 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
- 1970
- Building size
- 9,044 sq ft
- Avg unit size
- 1,507 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 16, 2026
- Days on market
- 12 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1435
About this property
Highlights
- Walking distance to Lanier Middle School, HEB, Target and many other retail and restaurants.
- 100% Leased
- Great opportunity for builder. Apartments sit on Two lots totaling 12,086sf.
- Property Flyers
- Hawthorne1
- Public Transportation
- Commuter Rail
- Drive
- Walk
- Distance
- 9 min
- -
- 3.6 mi
- Airport
- Drive
- Walk
- Distance
- William P Hobby
- 28 min
- -
- 13.5 mi
- George Bush Intcntl/Houston
- 32 min
- -
- 23.3 mi
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Houston, TX▼ 8% cut | $1.15M | $192K$192K | — |
 Houston, TXValue-add | $1.57M | $197K$197K | — |
 Houston, TXValue-add | $1.6M | $133K$133K | — |
 Houston, TXNewValue-add | $1.8M | $257K$257K | — |
 Houston, TXNewStabilized | $1.5M | $249K$249K | 6.8%gy |
 Houston, TXValue-add | $1.25M | $156K$156K | — |