1307 Alamo St Brenham, TX 77833
This exceptional investment opportunity presents a portfolio of ten newly constructed duplexes in Brenham, Texas. Completed in late 2024 and early 2025, this Class A multifamily property boasts a total of 10,856 square feet across five buildings situated on approximately 4,800 to 6,000 square feet of land. The property features a mix of 2/2 and 3/2.5 unit layouts, strategically located in a central Brenham location. Currently, 40% occupancy translates to a strong net operating income (NOI) of $172,000, yielding an impressive 8% capitalization rate. The R-2 zoning allows for flexibility and future potential. With a projected gross annual income of $214,800, this portfolio offers a compelling return on investment in a market with limited new construction rental inventory. The property's five pads provide ample space and parking. This stabilized investment is ideal for those seeking immediate cash flow and long-term appreciation in a thriving Texas market. The asking price is $2,150,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.