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22985067
22985068

109 Fisher St.,, Elgin, TX 78621

JS
TX 682625, TX 90088360
Prolific Commercial Realty
Listed by Prolific Commercial Realty
$1,500,000
422 days on market
Updated 69 days ago

Fisher Street Duplex Portfolio | Elgin, TX | Seller Carry

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 6
Cap Rate 7.21%
NOI $108,100
Occupancy 100%
Class A
Year Built 2024
Buildings 3
Stories 1
Lot Size (SqFt) 3,296 - 9,888
Investment Type Stabilized

This newly built investment property offers stabilized income.

Marketing description

Strong investment opportunity in Elgin, TX, one of Central Texas’s fastest-growing corridors just 15 minutes from Tesla and the 290 tech belt. We are willing to carry on the deal, as long as it is collateralized.

We’re offering a 2024-built, fully leased 6-unit duplex portfolio (3 buildings total) with high-end finishes, long-term rental demand, and built-in upside. Each unit is a spacious 3 bed / 2 bath, majority leased at $1,700/month with 2 units at $1,800/month, with market rents now trending at $1,875+. All buildings are separately platted, giving flexibility for resale, refinance, or 1031 exchange structuring.

Investment highlights

  • 100% Leased – Immediate cash flow with under-market rents

  • High-Quality Construction – 2024 build, modern design, tenant-paid maintenance

  • Market Rent Upside – Potential to increase income and valuation significantly

  • Proximity to Tesla, Hwy 290, and Austin – Strong long-term rental demand

  • Separately Platted Buildings – Flexible exit and 1031 strategies

Listing Contacts

JS
TX 682625, TX 90088360
Prolific Commercial Realty
Listed by Prolific Commercial Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$108,100.00
$9,008.33/mo

Valuation Metrics

0
DSCR
7.21%
Cap Rate
7.21%
ROI

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Additional Information

Name
J. Robert Santos
License
682625
Brokerage
Prolific Commercial Realty
Title
Broker | Owner
Brokerage Address
111 Congress Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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