MULTIFAMILYRADAR
9-Unit Multifamily in Brenham, TX, photo 1
Stabilized
$2,250,000

9-Unit Multifamily in Brenham, TX

TX · listed Jul 14, 2025 (471 days)

Price per unit compared
This property$250K
Within ~40 mi (20)$147K
Texas median (1,196)$92K
$/unit
$250,000
▲ 171% vs TX · 91st pct
Cap rate
—
 
Gross yield
9.3%
 
Units
9
2020

Financials

Asking price
$2,250,000
Price per unit
$250,000
Price per sq ft
$142
Gross rent / year
$208,800
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
9.3%gross rent ÷ price
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
9
Unit mix
Not stated
Buildings
Not stated
Year built
2020
Building size
15,814 sq ft
Avg unit size
1,757 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Jul 14, 2025
Days on market
471 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1979

About this property

Investment opportunity or Family Compound just minutes from the heart of Brenham – 13+ acres with 9 rental homes! This 13.6-acre property sits just off the highway for easy access yet offers a peaceful country setting. With nine well-maintained lease homes, built by respected names like Tilson and Southwest Homes, and room to expand, this is a rare chance to step into a solid, income-producing portfolio. The homes offer a combined 13,898 square feet of living space and generate an estimated $208,800 in annual rental income. Each home has its own septic system, fenced yard, and garage (with a few exceptions). The property is serviced by two water wells and is extremely well cared for and maintained. Residents enjoy quiet views, abundant wildlife including deer, and a comfortable, community-style feel. Additional improvements include a barn, six storage sheds, and a vegetable garden. The center pasture is ag exempt for hay, providing added tax advantages.

Location

Approximate area. The exact address is shared on request.

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