NewNew construction
$1,350,000
6-Unit Multifamily in Houston, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$225K
Within ~40 mi (295)$98K
Texas median (1,196)$92K
- $/unit
- $225,000
- ▲ 144% vs TX · 89th pct
- Cap rate
- —
- NOI
- $61K
- $10,200/unit/yr
- Units
- 6
- 1965
Financials
- Asking price
- $1,350,000
- Price per unit
- $225,000
- Price per sq ft
- $268
- Gross rent / year
- Not stated
- Net operating income
- $61,200
- NOI per unit
- $10,200
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 6
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1965
- Building size
- 5,032 sq ft
- Avg unit size
- 839 sq ft
- Lot size
- Not stated
- Condition
- New construction
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 #
- 1592
About this property
Highlights
- Recently constructed six-unit multifamily community with modern residential finishes.
- Secured-access property designed for tenant convenience and privacy.
- Granite countertops, custom cabinetry, and stainless steel appliances in every unit.
- All-electric building with Bryant central air and heating systems.
- On-site self-storage and shared laundry facilities enhance resident convenience.
- Durable construction features include insulated walls, windows, floors, and continuous firewalls.
- Property Flyers
- 25 Parker flier
- Financial Summary (Actual)
- Net Operating Income: $61,200 USD (2025)
- Total Expenses:
- $36,000 USD
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Houston, TXStabilized | $900K | $90K$90K | — |
 Houston, TXNewStabilized | $1.25M | $250K$250K | — |
 Houston, TX | $1.8M | $257K$257K | — |
 Houston, TXNewStabilized | $1.35M | $270K$270K | — |
 Houston, TXValue-add | $850K | $106K$106K | — |
 Houston, TX | $725K | $91K$91K | — |