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Two-Home Multifamily Property
For Sale
$252,000

16805 FM 1797, Tatum, TX 75691

MULTI-FAMILY, Tatum, TX

Property SizeContact for details
Days on Market142

Property Features for 16805 FM 1797

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Rooms Laundry Room
Patio and Porch features Deck
Exterior features Wood Deck
Directions From Longview, take Estes Pkwy (Hwy 149) towards Tatum, right on 782, left on FM 1716, left on 1797...drive approx 1 mile, house on the left
Subdivision TATUM ISD
Standard status Active

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air, Electric

Building Details

Year built 2025
Number of units 2
Listing Agency: Real Estate Marketing
Listed By: Regina Echols · License #0685835
Added: Apr 30 Changed: Sep 14 Last Checked: Sep 18 at 12:06PM
MLS# 20263081

Copyright © 2026 Longview Area 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.

Investment Insights

Based on property information with market context.

This multifamily property includes two manufactured homes on over an acre. The newer residence is a 2025 double-wide with four bedrooms and two baths, while the second is a 1996 single-wide offering three bedrooms and two baths. Both homes are currently leased and include functional residential layouts with laundry facilities. Heating and cooling are provided through central electric systems, and the property also features a wood deck.

Located at 16805 FM 1797 in Tatum, the property is within Tatum ISD. The two-home configuration provides separate residences on one parcel, with established tenancy already in place.

Key Highlights

  • Two manufactured homes currently leased
  • 2025 double‑wide with 4 bedrooms and 2 baths
  • 1996 single‑wide with 3 bedrooms and 2 baths

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Auto Repair Shop Discount Store Department Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 75691, TX

4,025
Population
2,029
Households
2
Avg Household Size
40
Median Age
17%
College-Educated
91%
High-School Grad
95.1 sq mi
ZIP Area
42
Density / Sq Mi
$87,361
Median Household Income
$45,018
Median Earnings
$958
Median Rent
$195,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Both manufactured residences are currently leased and located within Tatum ISD.
Where is this multifamily property located?
The property is located at 16805 FM 1797 Tatum, TX.
What is the asking price?
The asking price for this property is $252,000.
What are key features of this property?
This property features: Two manufactured homes currently leased; 2025 double‑wide with 4 bedrooms and 2 baths; 1996 single‑wide with 3 bedrooms and 2 baths
More about this property
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