1 / 309-Unit Multifamily in Fabens, TX
TX · listed Sep 3, 2026 (55 days)
- $/unit
- $69,444
- ▼ 31% vs TX · 22nd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 9
- 2019
Financials
- Asking price
- $625,000
- Price per unit
- $69,444
- Price per sq ft
- $99
- 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
- 9
- Unit mix
- 2 studios, 1 one-bedroom and 5 two-bedroom units
- Buildings
- Not stated
- Year built
- 2019
- Building size
- 6,300 sq ft
- Avg unit size
- 700 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 3, 2026
- Days on market
- 55 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1181
About this property
Exceptional income-producing opportunity in growing Fabens, TX! Offered at approximately $78,000 per APARTMENT unit, an outstanding value that would be extremely difficult to duplicate at today's new-construction costs. This well-maintained 8-unit complex is 100% occupied and includes 2 studios, 1 one-bedroom and 5 two-bedroom units. Each unit features a full kitchen and bath, stove, refrigerator and A/C. Excellent tenant retention, with residents staying 2-6 years and two tenants since opening in 2020. Property includes 12 Wi-Fi/app-accessible security cameras, providing added peace of mind for tenants. Coin-operated laundry with 2 washers/2 dryers generates approximately $250-$350 monthly additional income. Landlord pays water; tenants pay electricity and gas. Turnkey investment with established income and strong rental history! DO NOT DISTURBED TENANTS
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
 Fabens, TXNew | $695K | $46K$46K | — |
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 El Paso, TXNewHigh yield | $1.29M | $161K$161K | 8.9% |
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