1 / 11Stabilized
$550,000
8-Unit Multifamily in Winnsboro, TX
TX · listed Feb 27, 2025 (608 days)
Price per unit compared
This property$69K
Within ~40 mi (18)$93K
Texas median (1,029)$100K
- $/unit
- $68,750
- ▼ 31% vs TX · 21st pct
- Cap rate
- —
- NOI
- $44K
- $5,478/unit/yr
- Units
- 8
- 3 bldg · 1980
Financials
- Asking price
- $550,000
- Price per unit
- $68,750
- Price per sq ft
- $115
- Gross rent / year
- $58,440
- Net operating income
- $43,826
- NOI per unit
- $5,478
- Cap rate
- Not stated
- Gross yield
- 10.6%gross rent ÷ price
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- Each unit is 1 bed, 1 bath
- Buildings
- 3
- Year built
- 1980
- Building size
- 4,784 sq ft
- Avg unit size
- 598 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Feb 27, 2025
- Days on market
- 608 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2156
About this property
8 Unit multifamily complex consisting of one quadplex and two duplexes located half a mile north of Winnsboro, TX. Complex is 100% occupied and has been recently renovated with new tubs, sinks, toilets and paint. The roof was replaced in 2023 and HVAC System is less than five years old. Each unit is 1 bed, 1 bath approximately 600 sq ft. Would make a great first time investment or addition to a rental portfolio.
Multi-family
Location
Approximate area. The exact address is shared on request.
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|---|---|---|---|
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