Building Details

Buildings 4

Stories 2

Units 4

Listing Agency: Texas Home Team Realtors

Listed By: Dovie Williams · License #0417332 Show Phone

Source: Crexi

Added: Feb 25, 2024 Changed: Sep 5 Last Checked: Sep 9 at 7:57AM

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Investment Insights

Based on property information with market context.

This property features four freestanding homes, each containing three bedrooms and two bathrooms. All homes are currently occupied. Each home is situated on an individual lot, and the property includes two additional undeveloped lots. The location offers convenient access to schools and is situated near Highway 6 and 288. The property experiences a low vacancy rate.

Key Highlights

• Four freestanding 3 bedroom 2 bath homes, all occupied, providing immediate rental income.
• Two additional undeveloped lots offer potential for future development or expansion.
• Located near Hwy 6 and 288, providing convenient access to transportation.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Locksmith Nail Salon (Bike/Boat/Book/etc) Store Butcher

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

215

Businesses Nearby

Explore this area Business Placement

Demographics for 77578, TX

25,228

Population

9,939

Households

2.5

Avg Household Size

36

Median Age

45%

College-Educated

91%

High-School Grad

38.4 sq mi

ZIP Area

657

Density / Sq Mi

$132,571

Median Household Income

$69,615

Median Earnings

$1,936

Median Rent

$359,500

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 quadplexes 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?

Quadplex - Four homes plus two lots near Hwy 6 and 288.

Where is this quadplex located?

The property is located at 7903 Masters Manvel, TX.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: Four freestanding 3 bedroom 2 bath homes, all occupied, providing immediate rental income.; Two additional undeveloped lots offer potential for future development or expansion.; Located near Hwy 6 and 288, providing convenient access to transportation.