4042 Loop 1781
Property Description
Rare Waterfront Investment Opportunity - 5 Units with Exceptional Water Views. This is a unique opportunity to acquire a 5-unit multifamily property consisting of 2 duplex homes and a single-story home, ideally positioned to capture expansive water views that are rarely available at this price point. Each unit benefits from a setting typically associated with high-end residential properties, enhancing both tenant demand and long-term value. The property includes five 2-bedroom, 1-bath units with a consistent rental history and stable income performance. The efficient unit mix appeals to a broad tenant base, while the proximity to the water provides a meaningful competitive advantage in the market. Financial highlights include excellent annual income, strong in-place cash flow, and additional revenue from on-site laundry. The property is not subject to HOA restrictions, offering operational flexibility for ownership. This offering stands out due to the combination of multiple income-producing units and unobstructed water views, creating both immediate cash flow and long-term appreciation potential driven by location. There is also opportunity for future upside through rent adjustments, operational efficiencies, and alternative rental strategies, subject to buyer verification. . The property is offered as a package, with potential flexibility to sell the triplex and duplex separately.
Broker Details
Edwards Capital Corporation 361-510-1022
MLS ID: 0588097 State License Number: 0588097
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $750,000 |
| No. of Units: | 4 |
| Year Built: | 1973 |
| Lot Size: | 5,228.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $187,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 10 |
| Number of Bathrooms: | 6 |
ID: 3yd-CCARTX-475301
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