NewNew construction
$1,100,000
8-Unit Multifamily in Galveston, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$138K
Within ~40 mi (238)$94K
Texas median (1,196)$92K
- $/unit
- $137,500
- ▲ 49% vs TX · 73rd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 2025
Financials
- Asking price
- $1,100,000
- Price per unit
- $137,500
- Price per sq ft
- $452
- 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
- 8
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 2025
- Building size
- 2,436 sq ft
- Avg unit size
- 305 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 #
- 1613
About this property
Highlights
- New Building
- Washer and Dryer and Stainless Steel Appliances in every Unit
- Tiled Bathroom and modern fixtures
- Walking distance to local Medical Campus
- Walking distance to Beach
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Galveston, TXHigh yieldNew construction | $1.1M | $138K$138K | 9% |
 Galveston, TXNewNew construction | $8.2M | $1.17M$1.17M | — |
 Galveston, TXValue-add | $2.5M | $125K$125K | — |
 Galveston, TXHigh yieldStabilized | $1.04M | $173K$173K | 8.5% |
 Galveston, TXHigh yieldNew construction | $1.3M | $162K$162K | 9.7% |
 Galveston, TXHigh yield | $949K | $136K$136K | 8.8% |