18747 FM 2493 Flint, TX 75762
MULTI_FAMILY - Flint, TX
- Added:
- May 28, 2026
- Days on Market:
- 45
- Last Refresh:
- Jul 11 at 6:06 am
Property Features for 18747 FM 2493
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 16
- Parking features
- Off Street, Parking Lot
- Security features
- Security
- Interior features
- KitchenIsland
- Exterior features
- Lighting, RainGutters
- Appliances
- Dishwasher, ElectricRange, Microwave, Refrigerator
- Standard status
- Active
- APN
- R144266
- Lot size
- 2.07 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 2
- Number of units
- 8
- Flooring type
- Concrete
- Roof type
- Composition
Listing agent Matthew Marshall License #0544812 (903) 581-3737
Listing office Drake Real Estate Tyler, TX (903) 581-3737
Listing date May 28, 2026
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
The community is listed for sale at 18747 FM 2493, Flint, TX 75762, in Smith County. Beyond the existing eight homes, purchasers have a value-add development opportunity on additional acreage. The offering includes land and infrastructure primed for vertical construction, creating the potential to develop 20 more units. Year 1 NOI is reported at $125,268, supporting the existing income stream while allowing an investor to pursue future upside.
This asset is well suited to buyers and operators seeking a newer, move-in-ready multifamily investment with strong current occupancy and a clear development pathway. The combination of a stabilized, newly built income component and additional development capacity makes it an attractive platform for those evaluating both hold-and-collect and future expansion strategies.
Key Highlights
- Newly built 8‑unit townhome complex in Flint, TX, 100% occupied
- Per‑unit layout: 3 bedrooms, 2 bathrooms, approx. 1,400 SF
- Year 1 NOI listed as $125,268 with approx. $1,896/month per unit rent
