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Apartment Building with Six Rental Homes
For Sale
$650,000

Multiple Danny Lane, Port Lavaca, TX 77979

MULTI_FAMILY - Port Lavaca, TX

Property Size1,462 SF
Lot Size6.26 Acres
Price / SF$444.60
Days on Market1110

Property Features for Multiple Danny Lane

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Interior features CeilingFans
Appliances ElectricRange, Refrigerator, Range
Lot features Five To Ten Acres
Elementary school district Calhoun County ISD
Middle school district Calhoun County ISD
High school district Calhoun County ISD
Directions From Port Lavaca, take FM 1090, turn left onto McDonald Road and turn right onto Danny Lane.
Standard status Active
APN 57182
Size 1,462 SF
Lot size 6.26 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description A0017 VALENTIN GARCIA, TRACT PT 33, ACRES 4.5, PT TR 3 PT TR 3
Tax Annual Amount 2933
Legal Description A0017 VALENTIN GARCIA, TRACT PT 33, ACRES 4.5, PT TR 3 PT TR 3

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Window Unit(s), Electric, Central Air
Water source Private, Well

Building Details

Year built 2018
Floors in Building 1
Flooring type Linoleum, Laminate, Carpet
Listing Agency: Russell Cain Real Estate
Listed By: Russell Cain · License #0163380
Added: Jul 29, 2023 Changed: Aug 3 Last Checked: Aug 11 at 11:06PM
MLS# 516049

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Apartment buildings opportunity with six rental properties on a total 6.26-acre site. The current unit mix includes one 2 bedroom/1 bath unit with a garage (972 SF) plus five 1 bedroom/1 bath units at 480 SF, 731 SF, 731 SF, 688 SF, and 584 SF. All six units are currently rented. The property was built in 2018.

A new aerobic septic system was installed in August 2024. Water is provided via private well service and wastewater is handled by a septic tank. Interior features include ceiling fans, and the homes are equipped with appliances such as electric ranges, refrigerators, and ranges. Heating is electric (with central heating noted), and cooling is provided via central air, window units, and electric.

Additional development may be possible, with room to build additional homes. For showings, 24 hour notice is required.

Key Highlights

  • Six rented units across 6.26 acres
  • Built in 2018 with ceiling fans in the interiors
  • New aerobic septic system installed August 2024

Property Analytics

Current Use

Apartment buildings

Lease Details

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

Demographics for 77979, TX

16,782
Population
7,797
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
82%
High-School Grad
340.5 sq mi
ZIP Area
49
Density / Sq Mi
$68,877
Median Household Income
$41,436
Median Earnings
$1,065
Median Rent
$137,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six rented units on private well and septic service with a new aerobic septic system installed in August 2024.
Where is this apartment building located?
The property is located at Multiple Danny Lane Port Lavaca, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Six rented units across 6.26 acres; Built in 2018 with ceiling fans in the interiors; New aerobic septic system installed August 2024
More about this property
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