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Angleton Multifamily Investment Opportunity

708 N Velasco St N Angleton, TX 77515

708 N Velasco St N, Angleton, TX, 77515
$499,000
For Sale
$499,000

Eight-unit complex near amenities with revitalization potential.

Days on Market95

Property Features for 708 N Velasco St N

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1960
Listing Agency
Listed by Douglass Williams · License #0521529
Source Elliman
Added: Apr 14 Checked: Jul 17 at 6:40 am

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 Douglass Williams


Investment Insights

Based on property information with market context.

This multifamily complex is located on N. Velasco St. in Angleton, near Buc-ee's, fast food options, Walmart, and various restaurants. The property comprises eight units, including three 1-bedroom/1-bathroom units, one 3-bedroom/1-bathroom unit, one 2-bedroom/1-bathroom unit, and three 0-bedroom/1-bathroom units. Off-street parking is available behind the complex. The location provides easy access to Highway 288. The property offers investment potential and could benefit from the 2026 Angleton City Revitalization. The bike score is 43, indicating it is somewhat bikeable, and the walk score is 48, suggesting car dependence.

Key Highlights

  • 8‑unit multifamily complex offers immediate rental income.
  • Located near Buc‑ee's, fast food, Walmart, and restaurants.
  • Mix of unit types caters to diverse tenant needs with 1bd/1 bath, 3bd/1 bath, 2bd/1 bath, and 0bd/1 bath options.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Parking Lot & Garage HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Catering Service Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Eight-unit complex near amenities with revitalization potential.
Where is this apartment building located?
The property is located at 708 N Velasco St N Angleton, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 8‑unit multifamily complex offers immediate rental income.; Located near Buc‑ee's, fast food, Walmart, and restaurants.; Mix of unit types caters to diverse tenant needs with 1bd/1 bath, 3bd/1 bath, 2bd/1 bath, and 0bd/1 bath options.
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