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Close| Price: | $1,750,000 |
| Property Type: | multi-family |
| MLS #: | 26014668 |
| Established 24-Unit Rental Portfolio Strong Cash Flow! Excellent investment opportunity in the Rolling Hills Neighborhood! This income-producing property features 24 rental units situated on approximately 3.35 acres. Each unit offers an identical floor plan featuring 2 bedrooms, 1.5 bathrooms, and a cozy fireplace. Exterior construction consists of a combination of brick and siding. Parking accommodations vary throughout the property, with some units offering carports and others featuring covered parking in the rear. Interior finishes include a combination of vinyl flooring and tile. All 24 units are currently rented, generating approximately $17,500 in monthly rental income and $210,000 annually in gross rental income. The owner has made updates and completed repairs as needed, and the units are in good overall condition. With established tenants, consistent rental income, and an attractive gross return, this property offers an excellent opportunity for investors looking to expand their portfolio or acquire a substantial income-producing asset. Don't miss the opportunity to own this established rental community! | |
| Area: | Houston |
| Year Built: | 1977 |
| Bedrooms: | None |
| Bathrooms: | None |
| Acres: | 3.35 |
| FIREPLACE : | Wood Burning |
| DRIVEWAY : | Paved |
| SEWER : | Public Sewer |
| Construction Materials : | Brick |
| HVAC : | Central Electric |
| Water Source : | Public |
| Construction Materials : | Wood Siding |
| GAS : | Separate Water Meter |
| DRIVEWAY : | On Street |
| GAS : | Separate Electric Meter |
| DRIVEWAY : | 1 Or More Per Unit |
| DRIVEWAY : | Carport |
Courtesy: Lawrence, Nancy • Lawrence Realty • 936-544-4747 
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.
This content last refreshed on 11/11/2026 06:00 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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