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    18747 Fm 2493 Flint, TX 75762

    For Sale
    $2,541,000

    Quadruplex - Flint, TX

    Type:Quadruplex
    Lot size:
    2.07 Acres
    Days on Market:
    179
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 18747 Fm 2493

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Property condition
    New Construction
    Standard status
    Active
    APN
    R144266
    Parking
    16
    Parking features
    Off Street, Parking Lot
    Interior features
    Kitchen Island
    Exterior features
    Rain Gutters, Lighting, Fence
    Fencing
    Fenced
    Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
    Lot size
    2.07 Acres

    Utilities

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

    Building Details

    Year built
    2023
    Floors in Building
    2
    Flooring type
    Concrete
    Roof type
    Composition
    Architectural style
    Other

    Drake Real Estate & Investment (903) 581-3737

    Listing agent Matthew Marshall (903) 581-3737 License #0544812

    Listing date Jun 10, 2025

    MLS# 20965019 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. 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 is a newly constructed and fully occupied 8-unit townhome complex located in Flint, Texas, presenting a value-add opportunity. The property includes an additional 1.5 acres of land, prepared for the vertical construction of 20 more units. Each unit features 3 bedrooms and 2 bathrooms, with approximately 1,400 square feet of living space. The monthly rent per unit is approximately $1,896. The complex provides 16 parking spots, with 2 spaces allocated per unit. Interior finishes are modern. The property is situated on a 2.068-acre lot. The complex's Year 1 Net Operating Income (NOI) is $125,268.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -95.347408
    Latitude
    32.20792

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    FAQs

    What type of property is this?
    Quadplex - Newly constructed, fully occupied 8-unit townhome complex with expansion potential.
    Where is this quadplex 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: - New 8-unit townhome complex, 100% occupied, providing immediate income.; - Opportunity to develop 20 more units on 1.5 acres.; - Year 1 Net Operating Income (NOI) of $125,268.
    (903) 581-3737
    Request Owner's contact information
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    Flint, TX 75762
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    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
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