NewStabilized
$1,250,000
8-Unit Multifamily in Katy, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$156K
Within ~40 mi (235)$96K
Texas median (1,196)$92K
- $/unit
- $156,250
- ▲ 70% vs TX · 78th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 1975
Financials
- Asking price
- $1,250,000
- Price per unit
- $156,250
- Price per sq ft
- $198
- 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
- 8
- Unit mix
- Eight Large 2BR/1BA Units
- Buildings
- Not stated
- Year built
- 1975
- Building size
- 6,300 sq ft
- Avg unit size
- 788 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 #
- 1883
About this property
Highlights
- 100% Occupied
- Stabilized Asset
- New Roof (2026)
- Eight Large 2BR/1BA Units
- Professional Management in Place
- Immediate Cash Flow
- Property Flyers
- Fully_Stabilized_8-Unit_Multifamily_Investment_100__Occupied___Recent_Capital_Improvements__Offering_Memorandum
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Rosenberg, TX▼ 18% cut | $575K | $58K$58K | — |
 Rosenberg, TXHigh yieldStabilized | $770K | $70K$70K | 8.5% |
 Houston, TXStabilized | $550K | $110K$110K | — |
 Houston, TX | $1.7M | $170K$170K | — |
 Richmond, TX | $799K | $89K$89K | — |
 Houston, TXStabilized | $1.23M | $153K$153K | 4.6% |