MULTIFAMILYRADAR
8-Unit Multifamily in Los Fresnos, TX, photo 11 / 25
Value-add
$599,400

8-Unit Multifamily in Los Fresnos, TX

TX · listed May 4, 2026 (177 days)

Price per unit compared
This property$75K
Within ~40 mi (66)$90K
Texas median (1,029)$100K
$/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.

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