Angleton Multifamily Investment
For Sale
$499,000
708 N Velasco Street N, Angleton, TX 77515
Eight-unit complex near amenities with revitalization potential.
Property SizeContact for details
Days on Market204
Property Features for 708 N Velasco Street N
General Information
Standard status
Active
Property subtype
Income
Taxes and HOA fees
Annual Taxes
$10,033
Amenities
No
2
3
25779
Appraiser
Building Details
Year Built
1960
Stories
1
Listing Agency:
Olympus/Nelson Realty
(832) 334-0001
Listed By:
Ginger Hurley · License #0508505
(713) 501-1661
Source:
Garygreene
Added: Apr 13
Changed: Nov 1
Last Checked: Nov 1 at 2:49AM
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 Olympus/Nelson Realty
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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
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Open Analytics
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
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Business Placement
Demographics for 77515, TX
32,710
Population
13,127
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
204.5 sq mi
ZIP Area
160
Density / Sq Mi
$89,029
Median Household Income
$48,097
Median Earnings
$1,024
Median Rent
$210,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
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 Street 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.
