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Open house

435 9th Street

$2,750,000

18 bd · 16 ba · Built 1925 · Residential Income · 0.121 acres

About this home

16-unit condominium portfolio, one block from Bishop Arts. 15 of 16 units leased on 12–24 month terms with zero month-to-month exposure. $244,800 gross scheduled income at full stabilization. 6.9% cap rate at asking price of $2,750,000. Individually metered utilities. Tankless water heaters throughout. Full renovation complete with no deferred maintenance, and no capital requirements at closing. OM available in the transaction desk. This is for 435 and 439 W 9th St.

Details

Property type
Residential Income
Year built
1925
Lot size
0.121 acres
Taxes / yr
$15,749
Style
Apartment
Heating
Other
Cooling
Other
Exterior
Brick,Vinyl Siding
Water
Public
Sewer
Public Sewer
ZIP
75208

Property history

  1. TerminatedJul 1, 2026

    $2,750,000

    Compass RE Texas, LLC

  2. LeasedMay 29, 2026

    $2,800

    Compass RE Texas, LLC

  3. Listed

    $2,750,000

    Compass RE Texas, LLC