
New
$875,000
7-Unit Multifamily in Splendora, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$125K
Within ~40 mi (254)$94K
Texas median (1,196)$92K
- $/unit
- $125,000
- ▲ 36% vs TX · 68th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 7
- 2005
Financials
- Asking price
- $875,000
- Price per unit
- $125,000
- Price per sq ft
- $85
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 7
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 2005
- Building size
- 10,266 sq ft
- Avg unit size
- 1,467 sq ft
- Lot size
- Not stated
- Condition
- Not stated
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 #
- 1745
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
▼ 19% cutValue-add | $425K | $53K$53K | — |
| New Caney, TX New | $200K | $33K$33K | — |
Stabilized | $650K | $93K$93K | — |
New Caney, TXStabilized | $725K | $121K$121K | — |
New Caney, TX▼ 11% cut | $200K | $40K$40K | — |
Stabilized | $1.2M | $120K$120K | 7% |

