Current Income with Growth Potential in Opportunity Zone
This unique investment sits on 5 acres with easy access to FM roads. Currently generating over $10,000/month in rental income, the property offers strong cash flow with room for expansion or redevelopment.
Property Includes:
Remodeled 8-Unit Apartment Complex, 100% occupied, Newer septic system, public water.
Newer Tiny Home
Currently rented at 1000 per month but perfectly situated for onsite management office.
12,500 Commercial Building
5,000 SF Retail Space
Previously a well-known local hardware store. Great potential for retail, office, storage, or conversion to fit your vision.
7,500 SF Warehouse + 750 SF Loft / mezzanine
Features industrial roll-up doors—perfect for mini-storage, boat/RV dry storage, or light industrial use.
For sale
Price cut: $100K (7/1)
$1,999,990
2001 N Fm 356, Onalaska, TX 77360
2beds
5,200sqft
Est.:
Multi Family
Built in 1982
-- sqft lot
$-- Zestimate®
$385/sqft
$-- HOA
What's special
- 51 days
- on Zillow |
- 47 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 01:09am
Listed by:
Karen Derr TREC #0405408 713-875-7050,
Compass RE Texas, LLC - The Heights,
Jonathan Ryan TREC #0681020 512-701-3642,
Compass RE Texas, LLC - Houston
Source: HAR,MLS#: 58010469

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator
Features
- Flooring: Laminate
- Windows: Window Coverings
Interior area
- Total structure area: 5,200
- Total interior livable area: 5,200 sqft
Property
Parking
- Parking features: Paved
Features
- Stories: 2
- Exterior features: Balcony
Lot
- Features: Cleared
Details
- Parcel number: 10044000501
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Composition
Condition
- New construction: No
- Year built: 1982
Community & HOA
Community
- Subdivision: 0
Location
- Region: Onalaska
Financial & listing details
- Price per square foot: $385/sqft
- Annual tax amount: $2,995
- Date on market: 6/16/2025
- Lease term: 1 Year
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