Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    18747 Fm 2493 Flint, TX 75762

    For Sale
    $2,541,000

    Building - Flint, TX

    Property size:
    12,888 SF
    Lot size:
    2.07 Acres
    Days on Market:
    173
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 18747 Fm 2493

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential Townhouse
    Parking features
    Off Street
    Exterior features
    Fenced
    Fencing
    Fenced
    Size
    12,888 SF
    Lot size
    2.07 Acres

    Utilities

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

    Building Details

    Year built
    2023
    Architectural style
    Other

    Drake Capital, LLC dba Drake Real Estate & Investments (903) 581-3737 [email protected]

    Listing agent Fischer Davis (903) 581-3737 License #0816546

    Listing date Jun 16, 2025

    MLS# 25009171 Listing URL

    Copyright © 2025 Greater Tyler 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.

    Overview

    New Townhome Complex in Flint, TX

    This newly constructed and fully occupied 8-unit townhome complex is located in Flint, Texas. Each unit features 3 bedrooms and 2 bathrooms, with approximately 1,400 square feet of living space. Current rents are approximately $1,896 per month per unit. The property includes 16 parking spots, providing 2 spaces per unit. Modern interior finishes are present throughout the units. The complex offers a Year 1 Net Operating Income (NOI) of $125,268. An additional 1.5 acres of land is included, primed for the vertical construction of 20 more units, presenting a value-add opportunity for developers. The property is zoned for Residential Townhouses and is situated on a 2.068-acre lot.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Smith
    State
    Texas
    Longitude
    -95.34775
    Latitude
    32.207474

    Nearby Similar for Sale

    • $599,900
      3,180 SF

      Castle-Style Estate in Flint, TX

      Unique castle-style estate with business potential in the heart of Flint.
      19045 Crk 139, Flint, TX 75762
      View Details
    • $2,541,000
      2.07 Acres

      New Townhome Complex in Flint, TX

      Newly constructed, fully occupied 8-unit townhome complex with expansion potential.
      18747 Fm 2493, Flint, TX 75762
      View Details
    • $475,000
      2,760 SF

      Flint, TX Duplex Investment

      Well-maintained duplex in Flint, TX, offering income potential.
      15135 County Road 1103, Flint, TX 75762
      View Details
    • $390,000
      0.29 Acres

      Updated Duplex in Gated Community

      Duplex with updated interiors, located in a well-maintained gated community.
      7022 County Road 1215, Flint, TX 75762
      View Details
    • $1,400,000
      9,880 SF

      Flint Warehouse Property For Sale

      9,880 SF warehouse/industrial property in Flint, TX available for purchase.
      10858 Fm 346 W, Flint, TX 75762
      View Details
    • $3,000,000
      60.57 Acres

      Flint, TX Commercial Land - 60 Acres

      Prime commercial land, high-growth area, excellent visibility.
      155 Hwy, Flint, TX 75762
      View Details

    FAQs

    What type of property is this?
    Apartment building - New 8-unit townhome complex with expansion potential in Flint, Texas.
    Where is this apartment building located?
    The property is located at 18747 Fm 2493 Flint, TX.
    What is the asking price?
    The asking price for this property is $2,541,000.
    What are key features of this property?
    This property features: - Opportunity to develop 20 more units on 1.5 acres with existing infrastructure.; - Newly constructed (2023) and 100% occupied 8-unit townhome complex.; - Year 1 Net Operating Income (NOI) of $125,268.
    (903) 581-3737
    Request Owner's contact information
    18747 Fm 2493 Flint, TX 75762
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18747 Fm 2493
    Flint, TX 75762
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18747 Fm 2493 Flint, TX 75762
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.