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Six-Unit Apartment Building
For Sale
$424,900

1108 Schooley Street, Port Lavaca, TX 77979

CommercialSale, Port Lavaca, TX

Property Size4,252 SF
Lot Size0.11 Acres
Price / SF$99.93
Days on Market176

Property Features for 1108 Schooley Street

General Information

Property type Commercial Sale
Property subtype Apartment
Subdivision Bonorden Port Lavaca
Lot features Corner Lot
Standard status Active
APN S003500150000200
Size 4,252 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description BONORDEN (PORT LAVACA), BLOCK 15, LOT PT 5
Legal Description BONORDEN (PORT LAVACA), BLOCK 15, LOT PT 5

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1970
Floors in Building 2
Number of units 6
Roof type Shingle
Listing Agency: Keller Williams Coastal Bend · Keller Williams Realty
Listed By: Paula Braune · License #0660903
Added: Apr 17 Changed: Oct 9 Last Checked: Oct 9 at 9:06PM
MLS# 474916

Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,252-square-foot apartment property contains six residential units arranged as four two-bedroom, one-bath units and two one-bedroom, one-bath units. Several units are currently under construction, allowing the property’s existing improvements to be completed as part of the next ownership plan. The building dates to 1970 and has central air conditioning with electric central heating.

Public water and public sewer serve the property, which also features a shingle roof. The property is located minutes from the Formosa plant in Port Lavaca, Texas, providing a nearby employment center within the surrounding area.

Key Highlights

  • Six residential units totaling 4,252 square feet
  • Unit mix includes four 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
  • Several units are currently under construction

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Mixed one- and two-bedroom layouts support a flexible residential configuration.
Where is this apartment building located?
The property is located at 1108 Schooley Street 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 residential units totaling 4,252 square feet; Unit mix includes four 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; Several units are currently under construction
More about this property
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