521 2nd Ave N - Apartments FOR SALE


Texas City, TX 77590
$399,000 USD
713-405-7480
521 2nd Ave N, Texas City, TX for Sale
$399,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

521 2nd Ave N
Texas City, TX 77590


HIGHLIGHTS

  • 6-unit multifamily investment opportunity, completely remodeled in 2025
  • Approximately 2,250 SF building area; Large 21,876 SF land parcel offering future value potential
  • Excellent opportunity for investors seeking immediate income with long-term appreciation potential
  • Single-story construction with simplified maintenance

OVERVIEW

Courtyard Apartments presents an exceptional opportunity to acquire a fully renovated six-unit multifamily property in the heart of Texas City. Originally constructed in 1965 and comprehensively remodeled in 2025, the property offers investors a turnkey asset with modern improvements, low deferred maintenance, and strong potential for stable cash flow in one of Galveston County’s established workforce housing markets. The single-story property consists of approximately 2,250 square feet situated on a generous 21,876-square-foot site. With six residential units and a sizeable land parcel, Courtyard Apartments offers investors both immediate income potential and long-term value through its expansive footprint. The property’s one-story design provides operational efficiencies while the recent renovation enhances tenant appeal and minimizes near-term capital expenditures. Strategically located near Downtown Texas City, the property enjoys convenient access to Interstate 45, Highway 146, FM 1764, and the region’s largest employment centers. Residents benefit from close proximity to the Port of Texas City, major petrochemical and industrial employers, shopping centers, restaurants, schools, medical facilities, and everyday conveniences. The location also provides quick access to Galveston Island, the Texas City Dike, and numerous recreational amenities, creating an attractive balance between employment accessibility and coastal lifestyle. Texas City continues to experience steady demand for quality rental housing, supported by a diverse economy centered on energy, petrochemical manufacturing, logistics, maritime commerce, healthcare, and education. Its strategic position between Houston and Galveston attracts a broad tenant base seeking affordable housing with convenient access to major employment corridors. Coupled with recent renovations and a location within an established residential neighborhood, Courtyard Apartments is well positioned to benefit from continued rental demand and long-term appreciation.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$177 USD /SF

# OF UNITS

6

PRICE/UNIT

$66,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

521 2nd Avenue - 6 Unit

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,250 SF

ZONING

Commercial

APN/PARCEL ID

7030-0075-0006-000

ASK ABOUT THIS PROPERTY

Matthew BeanPartnersMore Info
713-405-7480

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Matthew BeanPartnersMore Info
713-405-7480

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.