1 / 258-Unit Multifamily in Los Fresnos, TX
TX · listed May 4, 2026 (177 days)
- $/unit
- $74,925
- ▼ 25% vs TX · 28th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 1984
Financials
- Asking price
- $599,400
- Price per unit
- $74,925
- Price per sq ft
- $104
- 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
- 2 bed/ 1 bath on one side and 3 bed / 1 bath on the other
- Buildings
- Not stated
- Year built
- 1984
- Building size
- 5,760 sq ft
- Avg unit size
- 720 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 4, 2026
- Days on market
- 177 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1511
About this property
Rare investment opportunity with this package of four duplexes being sold together as an 8-plex in the rapidly growing Los Fresnos market. At $6,295 gross monthly income this fully occupied property offers immediate, stable cash flow, making it an ideal addition to any investor's portfolio. Each duplex is 2 bed/ 1 bath on one side and 3 bed / 1 bath on the other. Each unit is well-positioned to meet strong rental demand, while the overall property presents a compelling value-add opportunity for those looking to increase rents, improve operations, or enhance the asset over time. Situated on a generous tract, the property also includes additional land, opening the door for potential expansion or future development—further maximizing your return on investment. Whether you're a seasoned investor or looking to scale your portfolio, this 8-plex delivers both current income and long-term upside in one of the area's most promising markets. Owner is a licensed real estate agent in Texas.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Los Fresnos, TXStabilized | $650K | $130K$130K | 9.2%gy |
Los Fresnos, TX | $720K | $90K$90K | — |
Brownsville, TX | $1.2M | $149K$149K | — |
Brownsville, TX | $1M | $125K$125K | — |
Harlingen, TX | $3.3M | $89K$89K | 7.4% |
Brownsville, TXNew construction | $2.5M | $192K$192K | — |





