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29097499
29068842

1749 Max Rd, Pearland, TX 77581

NN
TX 0599249
Coldwell Banker Realty
Listed by Coldwell Banker Realty
$1,300,000
151 days on market
Updated 31 days ago

1749 MAX RD | 8-Unit Multifamily | Stabilized Cash Flow

Details
APN 0234-0050-130
Property Type Mobile Home Park, Multifamily
Net Rentable (SqFt) 8,368
Units 8
Cap Rate 8.29%
NOI $107,798
Occupancy 100%
Class B
Year Built 1981
Acreage 4.895
Zoning MBL HM

100% Occupied 8-Unit | Low Expenses | Land Upside | Pearland Texas

Marketing description

1749 Max Road presents a rare stabilized multifamily investment opportunity in Pearland, Texas, one of the fastest-growing submarkets within the Greater Houston area. The property consists of 8 well-maintained units situated on nearly 5 acres, offering investors immediate cash flow with long-term options.

The asset is 100% occupied with extremely low tenant turnover, supported by large unit layouts that appeal to long-term renters seeking space, privacy, and affordability. The peaceful setting and privacy contribute to strong tenant retention and stable demand. The property operates with a low expense ratio due to private utilities (water well and septic) and individually metered electric, resulting in a strong NOI and minimal management intensity.

Strategically located approximately 20 minutes from Downtown Houston and the Texas Medical Center, the property benefits from excellent connectivity via State Highway 288, providing convenient access to major employment centers, universities, and William P. Hobby Airport. The surrounding area continues to experience population growth, steady rent appreciation, and limited new multifamily supply, supporting durable occupancy and long-term rental demand.

With its stabilized income profile and significant land component, 1749 Max Road is well-suited for both downside protection and future upside through rent growth, expansion, or alternative use (subject to zoning and approvals).

Investment highlights

  1. 8-unit stabilized multifamily asset

  2. 100% occupied with strong tenant retention

  3. Large units (6 units - 3BD/2BA and 2 units - 2BD/2BA)

  4. Low operating expenses & private utilities

  5. Strong NOI and cash flow

  6. +/-4895 acre site with future expansion or redevelopment potential

  7. Prime Pearland location near Houston employment hubs

Listing Contacts

NN
TX 0599249
Coldwell Banker Realty
Listed by Coldwell Banker Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$107,798.00
$8,983.17/mo

Valuation Metrics

0
DSCR
8.29%
Cap Rate
8.29%
ROI

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Additional Information

Name
Nikki Nguyen
License
0599249
Brokerage
Coldwell Banker Realty
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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