MULTIFAMILYRADAR
7-Unit Multifamily in Yoakum, TX, photo 11 / 2
▼ 4% cutValue-add
$490,000

7-Unit Multifamily in Yoakum, TX

Dewitt County, TX · listed Dec 11, 2025 (321 days)

▼ Reduced 3.9% on Oct 26, 2026, was $510,000

Price per unit compared
This property$70K
Texas median (1,196)$92K
$/unit
$70,000
▼ 24% vs TX · 31st pct
Cap rate
—
 
Gross yield
—
 
Units
7
1 bldg · 1894

Financials

Asking price
$490,000
Price per unit
$70,000
Price per sq ft
$57
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
1
Year built
1894
Building size
8,608 sq ft
Avg unit size
1,230 sq ft
Lot size
0.16 acres
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Dec 11, 2025
Days on market
321 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Oct 26, 2026: $510K → $490K
Location
Approximate (~0.5 mi)
Listing #
1735

About this property

Step into a remarkable piece of Yoakum history with this iconic commercial property—the original Yoakum National Bank building, built in 1894 and proudly recognized with a historical marker. Spanning over 8,000 sq ft, this landmark has been over 50% rehabbed, including new plumbing, updated electrical, and a 20-year roof, offering peace of mind while preserving its timeless character. The property is already income producing, with most of the downstairs currently leased and two beautifully finished upstairs apartments also leased, providing immediate cash flow for a new owner. The main level features marble floors and accents, a kitchenette, two half baths, a bar, and five original walk-in vaults—a rare and unforgettable feature that highlights the building’s rich banking history. The open layout and high ceilings make the downstairs ideal for offices, retail, boutique storefronts, a tasting room, or an entertainment venue. Upstairs is walk-up only with both front and rear stair access and showcases tall windows that flood the apartments with natural light, creating an inviting residential or studio atmosphere. Located on W. Grand Avenue in downtown Yoakum, this property enjoys excellent visibility, walkability, and proximity to local shops and restaurants. Centrally located less than two hours from Austin, San Antonio, Houston, and Corpus Christi, it offers strong appeal for regional business and tourism. Owner financing is available, making this a rare opportunity to own a historically significant, partially rehabbed, income-producing property in one of Texas’s most charming small towns.

Incredible Commercial Opportunity!

Highlights

  • Parking: 16+ Spaces
  • Constr Materials: 4-Side Masonry
  • Foundation: Combination
  • Geo ID: 489000001000022000000

Location

Approximate area. The exact address is shared on request.

Similar buildings nearby

PropertyPrice$/unitCap
5-Unit Multifamily in Cuero, TXCuero, TX
Stabilized
$390K$78K—
5-Unit Multifamily in La Grange, TXLa Grange, TX$439K$88K—
6-Unit Multifamily in Staples, TXStaples, TX
NewStabilized
$650K$108K—
5-Unit Multifamily in Seguin, TXSeguin, TX
High yield
$409K$82K11.3%
6-Unit Multifamily in San Marcos, TXSan Marcos, TX
New
$2.24M$373K—
6-Unit Multifamily in San Marcos, TXSan Marcos, TX
Stabilized
$950K$158K5.3%