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    7903 Masters Rd Manvel, TX 77578

    For Sale
    $900,000

    Fourplex, 100% Occupied, High ROI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents a portfolio of four freestanding, single-family rental homes situated on a 0.619-acre lot in Manvel, Texas. Each of the four Class B buildings boasts three bedrooms and two bathrooms, currently enjoying 100% occupancy. The property includes two additional vacant lots, offering potential for future development or expansion. The homes are meticulously maintained and situated on individual lots within a convenient location near Highway 6 and Highway 288, providing easy access to major thoroughfares. The proximity to local schools adds to the desirability of these rental properties. The asking price for this turnkey multifamily investment is $900,000, representing a price per unit of $225,000. This portfolio offers a compelling combination of strong rental income, low vacancy rates, and significant upside potential due to the inclusion of the two undeveloped lots. The two-story buildings are well-maintained and situated in a desirable area, making this a truly attractive investment opportunity for discerning buyers. The property's location in Brazoria County, Texas, zip code 77578, offers a stable rental market and strong potential for future appreciation. This is a rare chance to acquire a fully occupied, high-performing rental portfolio with immediate cash flow and significant long-term growth prospects.

    Property Features for 7903 Masters Rd

    General Information

    Property type
    Multifamily properties
    Class
    B
    Lot Size
    26,964 SF

    Building Details

    Buildings
    4
    Stories
    2
    Units
    4

    HighLights

    • $900,000 asking price for a four‑unit multifamily portfolio.
    • Four freestanding, two‑story Class B single‑family rental homes.
    • Each unit features three bedrooms and two bathrooms.
    • Situated on a 0.619‑acre lot, including two vacant lots.
    • 100% occupancy with excellent location near Hwy 6 and 288 in Manvel, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Manvel
    County
    Brazoria
    State
    Texas
    Longitude
    -95.3579685
    Latitude
    29.4624075

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    FAQs

    What type of property is this?
    Multifamily property - Fourplex, 100% Occupied, High ROI
    Where is this multifamily property located?
    The property is located at 7903 Masters Rd 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: $900,000 asking price for a four-unit multifamily portfolio.; Four freestanding, two-story Class B single-family rental homes.; Each unit features three bedrooms and two bathrooms.
    Request Owner's contact information
    7903 Masters Rd Manvel, TX 77578
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    Manvel, TX 77578
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7903 Masters Rd Manvel, TX 77578
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