Property details
About 875 Neches
Unique opportunity to own this multi-unit property with amazing cashflow! 23 unit property, all individual rooms, currently only 1 unit not occupied. At full occupancy: Gross annual income of $160,200. NOI after tax and insurance is $128,578.05. All utilities paid for by owner (roughly $11k in 2023). There are 4 bathrooms and 2 kitchens shared. Rent roll and P&L on file. Roughly 13% cap rate at list price! Contact agent to coordinate showing and review files.
Highlights
Summary
- Appliances: Dishwasher, Refrigerator, Microwave, Range, Oven
- Flooring Type: Vinyl
- Total Bedroom Count: 23
- Cooling: Ceiling Fan(s)
- List Price: $890,000
- Price/SqFt: $196
- Stories: 2
- Living Area: 4,520 SqFt
- MLS Number: 257828
- MLS Name: Beaumont
- Office Name: RE/MAX ONE
- Office Phone: (409) 860-3200
- Listing Agent: John Arcana
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 7/25/2025, 3:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
2
Charlton-Pollard Elementary School
Public District PK-5
0.8 mi
•825 Jackson St
5
Fletcher Elementary School
Public District PK-5
0.9 mi
•1050 Ave E
1
Fehl-Price Elementary School
Public Charter PK-5
1.8 mi
•3350 Blanchette St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,517. Most Beaumont, TX residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Church's Chicken
Popeyes
Golden Corral
What do the neighbors drive?
Cadillac
Dodge
Kia
What do the neighbors listen to?
Jazz
Urban Contemporary
Adult Standards
Frequently asked questions
About 875 Neches
The listing price of 875 Neches property is $890,000.
The property 875 Neches is a multi located in Beaumont, Texas, 77701.
Active Listing: 875 Neches is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 875 Neches are: Charlton-Pollard Elementary School (GreatSchools Rating 2/10), Fletcher Elementary School (GreatSchools Rating 5/10), Fehl-Price Elementary School (GreatSchools Rating 1/10), Dr. Martin Luther King Jr. Middle School (GreatSchools Rating 2/10), Ehrhart School (GreatSchools Rating 7/10), Pietzsch-MacArthur Elementary School (GreatSchools Rating 2/10), Beaumont United High School (GreatSchools Rating 2/10), Paul a Brown Alternative Center (GreatSchools Rating 1/10), Beaumont Independent School District Early College High School (GreatSchools Rating 7/10).
The property 875 Neches is 4,520 SqFt (source: MLS/tax record).
This home is located at 875 Neches in Beaumont, TX and zip code 77701. Features: 23 bedrooms, 0 bathroom. It has been listed on Rocket Homes since May 5, 2025 and is currently priced at $890,000.
Over 22 listings were sold over their listed price in June 2025 in Beaumont, TX. In the same period over 58 listings were sold below the listed price and 14 listings were sold for the listed price. The number of listings in Beaumont, TX increased by 10.5% between May and June 2025. Listings spent 83 days on the market in June 2025, and had a median list price of $220,000 during the same period.