| Elementary | TRAVIS EL | D |
| Middle | GEORGE JH | C |
| High | B F TERRY H S CCMR 96% · Grad 92% | B |
Investors welcome to 1026 & 1016 Miles St – 11-Unit Multifamily Opportunity in Rosenberg, TX. This stabilized, cash-flowing 11-unit asset generating $94,800 in annual gross income with approximately $16,812 in expenses, resulting in a strong $77,988 NOI. Offered at $890,000, this equates to an attractive 8.48% cap rate and $80,909 per door. High-occupancy property with room for strategic rent increases and the opportunity to add an on-site laundry facility to further enhance NOI. Tenants are individually metered for electricity, public water is in place, and a long-term tenant base provides consistent stability. Recent capital improvements include updated roof (2023), all water heaters replaced (2023), PEX plumbing installed in 1026 (Building 1), and five units remodeled between 2022–2023. A performing asset delivering immediate cash flow with clear upside potential.
| Property Type | Residential Income |
| Property Sub Type | Multi Family |
| Year Built | 1945 |
| Year Built Source | PublicRecords |
| New Construction | No |
| Stories | 1 |
| Levels | One |
| Roof | Composition |
| Bathrooms (total) | 0 |
| Flooring | Tile |
| Appliances | Microwave, Refrigerator |
| Lot Size (sq ft) | 16,800 |
| Lot Size Source | Appraiser |
| County | Fort Bend |
| MLS Area Major | 30 |
| MLS Area Minor | Fort Bend South/Richmond |
| Subdivision | First Fair Add |
| Postal Code | 77471 |
| Heating | Central, Gas |
| Cooling | Window Units |
| Tax Annual Amount | $3,612 |
| Tax Year | 2025 |
| Tax Rate (est.) | 0.43% |
| Parcel # | 3025-00-001-0070-901 |
| Legal Description | FIRST FAIR ADDN, BLOCK A, LOT 7,8,9 |
| Listing Terms | Cash, Conventional, FHA, Owner May Carry |
| Disclosures | Seller Disclosure |
Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.
Request this noticeThe §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.
Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.
Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.
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HARMLS last updated Sep 23, 2026, 11:00 PM CDT. Properties may subsequently be sold or off-market.
