Log In/Sign Up
Your email has been sent.
1101 E Main St, League City TX: 16 MF UNITS 1101 E Main St 16 Unit Apartment Building $1,850,000 ($115,625/Unit) 6.30% Cap Rate League City, TX 77573
Investment Highlights
- 16-Units that are individually metered, Room for expansion, 1-Acre lot.
- Separate Laundry Room, Coin-Operated W/D
- Close to NASA Space Center, Webster, Southeast Medical Center
- Upside in Rental Income (below market currently)
- Desirable Unit Mix: (10)2BR/1BA, (6)1BR/1BA
- Popular area for boating, fishing, golf, and walking trails
Executive Summary
Mariner Apartment Complex: 16-Units (10) 2BR/1BA, (6)1BR/1BA, Laundry Room Facility with Coin-Operated W/D's, on 1-Acre lot in League City, TX. Lots of shade & trees, 25+ parking spaces. Recent improvements: updated interiors, & AC Units. Upside in Rental Income.
Located southeast of downtown Houston, TX, this property is near the League City Historic District & not far from NASA Space Center & the Southeast Medical Center. This is a popular area for fishing & boating enthusiasts in Clear Lake & Galveston Bay, 30-minutes south to Galveston Beach. South Shore Harbour Country Club & Yacht Club, Clear Lake Shores, Kemah, Webster, Friendswood. Close to I-45, major retailers including Wal-Mart Supercenter, Home Depot, Target, Lowe's, restaurants, parks, schools, etc.
Located southeast of downtown Houston, TX, this property is near the League City Historic District & not far from NASA Space Center & the Southeast Medical Center. This is a popular area for fishing & boating enthusiasts in Clear Lake & Galveston Bay, 30-minutes south to Galveston Beach. South Shore Harbour Country Club & Yacht Club, Clear Lake Shores, Kemah, Webster, Friendswood. Close to I-45, major retailers including Wal-Mart Supercenter, Home Depot, Target, Lowe's, restaurants, parks, schools, etc.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$146,640
|
$10.56
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $146,640 |
| Annual Per SF | $10.56 |
Property Facts
Amenities
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 750 |
| 2+1 | 10 | - | 875 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4602-0000-0003-007 | Improvements Assessment | $206,550 (2025) |
| Land Assessment | $283,750 (2025) | Total Assessment | $490,300 (2025) |
Property Taxes
Parcel Number
4602-0000-0003-007
Land Assessment
$283,750 (2025)
Improvements Assessment
$206,550 (2025)
Total Assessment
$490,300 (2025)
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1101 E Main St, League City TX: 16 MF UNITS | 1101 E Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.