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    Plainview Apartment Building: 10 Units Title is generated by Realmo AI

    1205-1207 Raleigh St, Plainview, TX 79072

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    Claim this Listing
    For Sale
    $545,000

    Apartment Building 7+ - Plainview, TX

    Property size:
    6,565 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $83/SF
    Added:
    Dec 9, 2025
    Days on Market:
    158
    Last Refresh:
    May 16 at 4:06 pm

    Property Features for 1205-1207 Raleigh St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    A - Single Family Homes
    Bedrooms
    10
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Standard status
    Active
    Size
    6,565 SF
    Lot size
    0.32 Acres

    Taxes and HOA fees

    Tax Annual Amount
    8828

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    1962
    Floors in Building
    1
    Building materials
    Brick, Brick Veneer
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    David Kopp
    David Kopp

    Listing agent David Kopp

    Listing office Roberts & Wilkins, REALTORS 3009 Olton Road, Plainview, TX

    Listing date Dec 9, 2025

    MLS# 24-253 Listing URL

    Copyright © 2026 Plainview Association Of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Historically high occupancy, indicating strong rental demand.
    • Ten units in total, offering immediate income potential.
    • Seven units remodeled since 2012 with updated kitchens and bathrooms.
    • Three separate one‑story buildings with a courtyard area.
    • On‑site laundry room (remodeled).
    • Exterior improvements including painting and LED lighting.

    Overview

    The Colonial Apartments consist of 10 units with historically high occupancy. All units feature 1 bedroom and 1 bathroom. The approximate sizes of the units vary: four units are 550 square feet, four are 650 square feet, and two are 750 square feet. The property includes three single-story buildings with covered walkways and a courtyard area. A laundry room is located on-site. Each unit is equipped with a stove. Some refrigerators are provided by the owner, while others are supplied by the tenants. There are no dishwashers. AC and heat are provided via window units or PTAC systems. Off-street parking is available. Tenants are responsible for paying for electricity, while the owner covers the cost of water. There is no gas service. Since 2012, seven units have had remodeled kitchens and bathrooms, and two units have received minor updates. One unit has not been updated, as the tenant of 15+ years prefers it as is. The laundry room has been remodeled, and several front doors have been replaced. Exterior painting and LED lighting have been installed. The property is zoned for single-family homes. The property contains 6,565 square feet and is situated on a 0.32-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plainview
    County
    Hale
    State
    Texas
    Longitude
    -101.725853
    Latitude
    34.193151

    FAQs

    What type of property is this?
    Apartment building - Ten-unit apartment building with high occupancy in Plainview, Texas.
    Where is this apartment building located?
    The property is located at 1205-1207 Raleigh St Plainview, TX.
    What is the asking price?
    The asking price for this property is $545,000.
    What are key features of this property?
    This property features: Historically high occupancy, indicating strong rental demand.; Ten units in total, offering immediate income potential.; Seven units remodeled since 2012 with **updated kitchens and bathrooms**.
    More about this property
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