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Property profile & analytics
OFF-MARKET
Apartment buildings

3605 Fm 3277 Livingston, TX 77351

0.44 ac lot
Property ID
Property summary
AI-generated overview

This exceptional multifamily investment opportunity presents eight buildings comprising seven renovated cabins with ten leasable units. Offering a mix of one and two-bedroom options, these fully furnished units are ideal for vacation and short-term rentals, each featuring a kitchenette and restroom. A separate on-site coin laundry facility adds convenience for residents. Projected to yield an 8% cap rate, this property boasts over 115 feet of frontage on Scenic Loop/FM 3277, less than ten miles from downtown Livingston. Its prime location offers easy access to Lake Livingston, Tigerville Public Park, and a boat ramp, all within five minutes. Situated in Polk County, Livingston ISD, and Memorial Point Utility District, the property sits on a 0.44-acre lot and enjoys a 2023 tax rate of $2.63 per $100 of assessed value. The asking price is $750,000. A detailed proforma is available upon request. Please respect tenant privacy

Property profile
Verified
Property type Apartment buildings
Lot 0.44 ac (19,166 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Scenic Loop Cabins Vacation Rental Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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