9-Unit Multifamily in Texas City, TX

Investment opportunity in the heart of Texas City’s industrial corridor. This fully rehabbed 9-unit mixed-use complex offers a diversified income stream, with a blend of long-term rentals and short-term stays currently generating cash flow. Each unit has been updated, and mini-split HVAC systems were installed within the past year, adding modern comfort and efficiency. The flexible rental model creates multiple paths for income, including Airbnb stays and furnished or traditional rentals. Its location places guests and tenants near the Texas City Dike, a major fishing and boating destination, while major employers including Valero, Dow and the petrochemical industry help support demand for workforce housing. Texas City is positioned between Houston and Galveston with access to transportation corridors. Whether continuing the existing operating model or refining the tenant mix, this is a versatile, income-producing asset in a market supported by tourism, recreation and industry.

Multifamily | 9 Units | $88,778/unit

▪ It is a running business, not a project. Two years of channel-verified operating history — 286 accepted reservations, 160 in the trailing twelve months alone, documented unit by unit with settlement records. Established listings, review history, and automated pricing and messaging convey with the sale. A buyer steps into cash flow on day one rather than building a booking base from zero.

▪ Fully renovated in 2025 — $150,000 invested. Electrical, plumbing, flooring, windows, cabinetry, countertops, appliances, interior and exterior paint, landscaping, and ductless mini-split HVAC in all nine units. An independent appraisal dated August 2026 rates the property above-average condition with an effective age of 20 years and 30 years of remaining economic life.

▪ Occupancy is climbing, and the runway is measurable. Portfolio occupancy rose from 23.8% to 41.8% across the two halves of the trailing year as renovated units came online. June and July 2026 ran 47.6% and 45.2%. The best-performing cabin sustains 62.4%. The upside here is a demonstrated trend, not a projection.

▪ Refinery-anchored demand, not seasonal tourism. Marathon Bay Refinery is 0.8 miles away and Valero Texas City 1.6 miles. Contractor and turnaround crews generate weekday, off-season, extended-stay demand that pure vacation markets do not have — with Galveston beaches 15 miles out for weekend leisure on top of it.

▪ Dual-use optionality. Nine legal conforming units in a High Density Multi-Family (C) zone. Operate short-term for maximum yield, or revert to conventional tenancy at any time. Two units are already leased long-term with tenants in place four and ten years, proving the fallback works.

▪ Flood Zone X. Outside the 100-year flood plain per FEMA Map 48167CO269-G. On the upper Texas coast this is a meaningful insurance and financing advantage over most competing product.

▪ Verified low operating costs. Property taxes of $6,400 and insurance of $4,183 bound August 2026 including $1,000,000 general liability. No payroll — the property is run remotely on a management platform at $400 per month. Every expense line is supported by invoice or statement.

▪ Privacy that guests pay for. Four detached buildings on a single 12,500 SF corner parcel. Private entrances, no shared corridors, three carports, and an on-site coin laundry producing additional income.