Building Details

Tenancy Multi

Listing Agency: Lowery Real Estate

Listed By: Samuel Hollingsworth · License #TX

Source: Crexi

Added: Apr 11 Changed: Aug 16 Last Checked: Sep 1 at 11:58AM

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Investment Insights

Based on property information with market context.

This two-unit multifamily property is described as a well-maintained rental asset with long-term, respectful tenants. Recent updates include a new roof installed within the last five years, along with several other capital improvements.

The property also includes updated appliances, with replacements completed within the last year. Unit comfort systems are split, with one unit featuring central A/C and heat, while the other unit uses window A/C and heating.

Located in Falfurrias, TX, the building is presented as a central option for buyers seeking a residential income property with documented maintenance and recent interior and exterior upgrades.

Key Highlights

• Two‑unit rental building described as well maintained over time
• New roof installed within the last 5 years
• Full set of updated appliances replaced within the last year

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office HVAC Service Law Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store 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

2

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

315

Businesses Nearby

Explore this area Business Placement

Demographics for 78355, TX

6,982

Population

3,628

Households

1.9

Avg Household Size

37

Median Age

12%

College-Educated

67%

High-School Grad

353.6 sq mi

ZIP Area

20

Density / Sq Mi

$32,636

Median Household Income

$23,191

Median Earnings

$487

Median Rent

$84,200

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - New roof installed within the last five years, supporting a well-maintained two-unit rental building.

Where is this multifamily property located?

The property is located at 127 N Las Pitas St Falfurrias, TX.

What are key features of this property?

This property features: Two‑unit rental building described as well maintained over time; New roof installed within the last 5 years; Full set of updated appliances replaced within the last year