1220 Howard St San Angelo, TX 76901
This exceptional investment opportunity presents a portfolio of 25 single-family rental units in San Angelo, Texas. Comprising 24 individual buildings (22 houses and one triplex), this Class B property boasts a total of approximately 24,000-25,000 square feet and offers a compelling 8.00% cap rate. Currently operating at 100% occupancy, the portfolio generates a substantial $307,164 in annual gross rent. Tenants are responsible for all utilities, except for the triplex. Over half of the units feature three bedrooms, providing a desirable rental profile. Located at 1220 N Howard St, San Angelo, TX 76901, this property is situated in Tom Green County. The asking price is $2,699,999, translating to approximately $108,000 per unit. A significant advantage is the seller's willingness to provide financing with a 20% down payment
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.