113 Reagan St, Hamilton, TX 76531
This exceptional investment opportunity presents a 16-unit multifamily portfolio situated in Hamilton, Texas. Comprising two buildings totaling 13,791 square feet, this Class C property offers a compelling value-add proposition. Built between 1965 and 1975, with renovations completed between 2020 and 2023, the portfolio boasts 16 units across two one-story buildings situated on a 1.36-acre lot. Conveniently located within walking distance of the town square and with easy access to Highway 281, this property presents a strong potential for rental income growth. The portfolio is zoned RS-2 Residential, Commercial, allowing for diverse usage possibilities. Each building houses 8 units, offering a manageable scale for investors. The asking price is $850,000, translating to $61.63 per square foot and $53,125 per unit. The property's address is 113 S Reagan St, Hamilton, TX 76531, with a second building located nearby. This portfolio represents a rare chance to acquire a well-positioned multifamily asset in a growing Texas market. The properties are also available for separate purchase.
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
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.