Stabilized
$649,000
8-Unit Multifamily in La Marque, TX
Galveston County, TX · listed May 29, 2026 (152 days)
Price per unit compared
This property$81K
Within ~40 mi (259)$96K
Texas median (1,196)$92K
- $/unit
- $81,125
- ▼ 12% vs TX · 40th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 2 bldg
Financials
- Asking price
- $649,000
- Price per unit
- $81,125
- Price per sq ft
- $98
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 88%
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- 2 BR / 1 BA units - 825 square feet each
- Buildings
- 2
- Year built
- Not stated
- Building size
- 6,600 sq ft
- Avg unit size
- 825 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 29, 2026
- Days on market
- 152 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1740
About this property
Rare investment opportunity in a growing market. Add 8 units to your residential leasing portfolio at a price less than $82K per door. These two low-maintenance fourplexes are easy to rent at a price point below more expensive surrounding markets. Easy access to I-45 and off-street paved parking make these units ideal for commuter living and supported working rents. Not in the 100 year flood plain.
8 Unit Multifamily Portfolio
Highlights
- 8 Unit Multifamily in La Marque
- Two Fourplexes
- 2 BR / 1 BA units - 825 square feet each
- Brick and sided construction
- Paved off-street parking
- Corner property
- Easy access to I-45
- 87.5% occupied
- Not in the 100 year flood plain
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 La Marque, TX | $649K | $81K$81K | — |
| La Marque, TX High yieldValue-add | $615K | $68K$68K | 10.1% |
 Texas City, TXNewValue-add | $550K | $69K$69K | — |
 La Marque, TXValue-add | $900K | $75K$75K | 7% |
| La Marque, TX NewHigh yieldValue-add | $615K | $68K$68K | 10.1% |
| La Marque, TX Value-add | $750K | $75K$75K | — |