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    OFF-MARKET
    Residential income homes

    5335 Riverview St, Robstown, TX 78380

    1.29 ac lot Built 1999
    Property ID
    US82-0634153
    Property summary
    AI-generated overview

    This exceptional multifamily investment opportunity in Robstown, Texas, presents three substantial, fully occupied homes situated on a spacious 1.29-acre lot within the desirable Riverside Acres neighborhood. The property boasts three buildings, totaling three units, each with its own private driveway and ample parking within a brick-fenced perimeter. The main home, a two-story residence, offers 2,787 square feet of living space, including three large bedrooms, two bathrooms, a two-car garage, a spacious living area with a large fireplace and bar, and an oversized kitchen and dining area. The second dwelling is a two-story, three-bedroom, two-bathroom unit with a sizable living area, kitchen, and balcony, also featuring a three-car garage on the first floor. The third unit is a two-story, two-bedroom, one-bathroom home with living and kitchen areas upstairs and a two-car garage plus extensive storage/workshop space on the ground floor. Recent upgrades include new A/C units installed in 2023 and 2024 in two of the homes. The property is zoned for Calallen ISD, conveniently located just two miles from Hazel Park and twenty miles from downtown Corpus Christi. The current occupancy rate is 100%, with long-term tenants in place, generating a strong 8% cap rate on an asking price of $800,000. The property's substantial size and existing infrastructure present a significant opportunity for increased profitability through potential expansion. This is a turnkey investment ideal for a savvy investor seeking immediate cash flow and long-term growth potential.

    Property profile
    Verified
    Property type Residential income homes
    Year built 1999
    Lot 1.29 ac (56,192 SF)
    UPID US82-0634153
    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
    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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