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Four-Unit Residential Income Property
For Sale
$575,000

7307 Avenue O, Santa Fe, TX 77510

Fully leased four-unit multifamily property on a 1.50-acre lot with interior renovations and updated windows.

Property Size6,619 SF
Lot Size1.50 Acres
Price / SF$86.87
Days on Market98

Property Features for 7307 Avenue O

General Information

Standard status Active
Size 6,619 SF
Lot size 1.50 Acres
Property subtype Multi-Family
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $12,826

Amenities

Yes
2
5
Appraiser
65340
6619

Building Details

Building Size 6,619 SF
Year Built 1983
Year Renovated 2020
Stories 1
Tenancy Multi
Listing Agency: Lone Star Realty
Listed By: Sara Nguyen
Source: Garygreene
Added: Jul 18 Changed: Oct 21 Last Checked: Oct 20 at 6:14PM

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 Lone Star Realty

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Investment Insights

Based on property information with market context.

7307 Avenue O is a fully leased four-unit residential income property on a 1.50-acre lot in Santa Fe, Texas. The asset features a diversified unit mix and is being operated as a stabilized rental community, with all four units currently occupied.

According to the provided remarks, significant capital improvements were completed during the 2019–2020 period, including full interior renovations and window replacement, supported by permit records on file with the City/County building department. Additional historical exterior work includes full re-roofs in 2009 and 2014, along with exterior siding replacement in 2014.

For a new owner, the property presents a residential quadplex configuration with ongoing occupancy and a recent improvements history intended to support reduced near-term capital expenditure needs.

Key Highlights

  • Fully leased four‑unit residential property on a 1.50‑acre lot in Santa Fe, TX (Houston Bay Area/Galveston County corridor).
  • Year built: 1983.
  • 2019–2020 capital improvements included full interior renovations and window replacement (permit records on file).

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 77510, TX

14,357
Population
5,896
Households
2.4
Avg Household Size
43
Median Age
20%
College-Educated
89%
High-School Grad
30.4 sq mi
ZIP Area
472
Density / Sq Mi
$96,284
Median Household Income
$58,146
Median Earnings
$1,067
Median Rent
$281,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Fully leased four-unit multifamily property on a 1.50-acre lot with interior renovations and updated windows.
Where is this quadplex located?
The property is located at 7307 Avenue O Santa Fe, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Fully leased four‑unit residential property on a 1.50‑acre lot in Santa Fe, TX (Houston Bay Area/Galveston County corridor).; Year built: 1983.; 2019–2020 capital improvements included full interior renovations and window replacement (permit records on file).
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