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521 2nd Avenue - 6 Unit 521 2nd Ave N 6 Unit Apartment Building $556,645 CAD ($92,774 CAD/Unit) Texas City, TX 77590



Investment Highlights
- 6-unit multifamily investment opportunity, completely remodeled in 2025
- Excellent opportunity for investors seeking immediate income with long-term appreciation potential
- Approximately 2,250 SF building area; Large 21,876 SF land parcel offering future value potential
- Single-story construction with simplified maintenance
Executive Summary
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.
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.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $556,645 CAD | Lot Size | 0.14 AC |
| Price Per Unit | $92,774 CAD | Building Size | 2,250 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 6 | Year Built/Renovated | 1965/2025 |
| Property Type | Multifamily | Parking Ratio | 2.67/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | Commercial | ||
| Price | $556,645 CAD |
| Price Per Unit | $92,774 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,250 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1965/2025 |
| Parking Ratio | 2.67/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Somewhat walkable
30/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 7030-0075-0006-000 | Improvements Assessment | $208,902 CAD |
| Land Assessment | $15,332 CAD | Total Assessment | $224,234 CAD |
Property Taxes
Parcel Number
7030-0075-0006-000
Land Assessment
$15,332 CAD
Improvements Assessment
$208,902 CAD
Total Assessment
$224,234 CAD
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521 2nd Avenue - 6 Unit | 521 2nd Ave N
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