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Six-Unit Apartment Building
For Sale
$424,900

1108 Schooley St, Port Lavaca, TX 77979

Six-unit apartment complex with four two-bedroom units and two one-bedroom units, with multiple units currently under construction.

Property Size4,252 SF
Price / SF$99.93
Days on Market117

Property Features for 1108 Schooley St

General Information

Standard status Active
Size 4,252 SF

Additional Details

Multifamily Units 6
Listing Agency: Keller Williams Coastal Bend
Listed By: Paula Braune · License #0660903
Source: Exprealty
Added: Apr 17 Changed: Aug 7 Last Checked: Aug 11 at 9:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Coastal Bend

Investment Insights

Based on property information with market context.

This six-unit apartment complex includes four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Several units are currently under construction, offering an opportunity to complete finishes.

The property is described as being just minutes from the Formosa plant and positioned in a high-demand rental area for workforce housing.

As a residential income property, it provides a mix of unit sizes within one building, with construction in progress on multiple units.

Key Highlights

  • Six‑unit apartment complex with four 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
  • Multiple units currently under construction, offering value‑add potential to complete finishes and rent out
  • Located just minutes from the Formosa plant, in a high‑demand workforce rental area

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Law Firm Big Box & Wholesale Store Electrical Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

Demographics for 77979, TX

16,782
Population
7,797
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
82%
High-School Grad
340.5 sq mi
ZIP Area
49
Density / Sq Mi
$68,877
Median Household Income
$41,436
Median Earnings
$1,065
Median Rent
$137,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment complex with four two-bedroom units and two one-bedroom units, with multiple units currently under construction.
Where is this apartment building located?
The property is located at 1108 Schooley St Port Lavaca, TX.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Six‑unit apartment complex with four 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; Multiple units currently under construction, offering value‑add potential to complete finishes and rent out; Located just minutes from the Formosa plant, in a high‑demand workforce rental area
More about this property
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