403 W Broad St, Freeport, TX 7754 is an income-producing, low-rise multifamily asset offering immediate cash flow and clear, near-term upside through development. The existing 8-unit property (6 long-term leases; 2 short-term rentals) is turnkey today and sits on a ~0.482-acre lot with room to add a twin building and additional units. The planned twin building (˜7,168 SF) would double rentable area to ~14,336 SF and increase total units to 16, delivering meaningful NOI growth and long-term value creation.