704 Cline St Huntsville, TX 77340
For Sale
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Exceptional investment opportunity: an eight-unit apartment building in Huntsville, Texas, is now available for purchase at $675,000. This single-story complex, built in 1971, boasts a total of 6,553 square feet situated on a generous 40,075 square foot lot (APN 31770). Conveniently located just half a mile from Sam Houston State University, this property offers a strong rental base with low vacancy rates and quick tenant turnover. Each of the eight units mirrors a consistent floor plan, featuring two bedrooms, one bathroom, a spacious living area, and a kitchen equipped with a stove/oven and refrigerator. Tenant convenience is enhanced by an on-site laundry room with coin-operated washers and dryers. The property benefits from a recently replaced roof (within the last five years) and individually metered electricity, simplifying utility management. Water, sewer, and trash services are included in the rental fees, adding further value for tenants. This property presents a rare opportunity for investors seeking a stable, income-generating asset in a desirable location with established rental demand. The property's size and location make it an attractive investment for both seasoned and new investors in the multifamily market. Don't miss this chance to acquire a well-maintained, income-producing property near a major university.
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
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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.