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New Apartment Building in Alvarado
For Sale
$3,290,000

8092 County Road 604, Alvarado, TX 76009

New 16-unit apartment complex in a serene country setting.

Property Size13,200 SF
Price / SF$249.24
Days on Market660

Property Features for 8092 County Road 604

General Information

Standard status Active
Size 13,200 SF
Property subtype Multi-family
Lease Term []

Amenities

Accessible Full Bath
Accessible Bedroom
Accessible Doors
Accessible Entrance

Building Details

Year Built 2025
Listing Agency: Compass RE Texas,LLC
Listed By: Angela LaBounty · License #0720547
Source: Trinityterritory
Added: Dec 24, 2024 Changed: Oct 14 Last Checked: Oct 14 at 11:02PM

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 Compass RE Texas,LLC

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Investment Insights

Based on property information with market context.

This newly constructed one-story apartment building offers a multitude of possibilities. The complex features 16 one-bedroom units. Situated in a serene, pastoral country setting, the property provides a peaceful and secluded retreat. A gated entry ensures privacy and security. The property is functionally designed to accommodate various housing needs, including recovery dwelling, temporary, or short-term housing for industry personnel such as traveling nurses, or a long-term home for veterans or retirees. The property is in the lease up stage and has a total size of 13200 square feet.

Key Highlights

  • Newly constructed (2025) apartment building featuring 16 one‑bedroom units.
  • Serene, pastoral country setting offers a peaceful, secluded retreat.
  • Gated entry ensures privacy and security.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Electrical Service Law Firm Daycare Center Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 76009, TX

23,376
Population
7,648
Households
3.1
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
98.0 sq mi
ZIP Area
239
Density / Sq Mi
$73,696
Median Household Income
$38,841
Median Earnings
$1,202
Median Rent
$211,000
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

Frequently Asked Questions

What type of property is this?
Apartment building - New 16-unit apartment complex in a serene country setting.
Where is this apartment building located?
The property is located at 8092 County Road 604 Alvarado, TX.
What is the asking price?
The asking price for this property is $3,290,000.
What are key features of this property?
This property features: Newly constructed (2025) apartment building featuring 16 one‑bedroom units.; Serene, pastoral country setting offers a peaceful, secluded retreat.; Gated entry ensures privacy and security.
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