
$855,000
NAL Estimated Property Value355 N 18th Street, Beaumont, TX, 77707
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About this property
INVESTMENT OPPORTUNITY!! Prime location behind the Saltgrass Restaurant with extra parking. This will be a value add investment opportunity. The interior has been fully gutted with many studs replaced. New water lines have been run. New electrical has been run.Originally a 24 unit complex, 6 of which were retail, has now begun the process of changing the plans to 8, 2 bedroom residential units and 4, 3 bedroom residential units. Great Cap rate potential after renovation and leasing. Still work to be done on interior and exterior which means lots of potential! Contact your REALTOR for access and documentation on file. Will entertain any serious offers!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Beaumont
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