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8-Unit Townhome Investment Portfolio
For Sale
$1,999,990

196 W 17th Street, Mount Pleasant, TX 75455

MULTI_FAMILY - Mt Pleasant, TX

Property Size12,000 SF
Lot Size0.16 Acres
Price / SF$166.67
Days on Market11

Property Features for 196 W 17th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 24
Bathrooms 26
Full bathrooms 18
Half bathrooms 8
Rooms Bedroom 1, Bathroom 10, Bedroom 7, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 10, Bedroom 9, Bedroom 16, Bedroom 24, Bathroom 17, Bathroom 11, Bedroom 3, Bedroom 4, Bathroom 24, Bedroom 12, Bathroom 21, Bathroom 26, Bathroom 1, Bedroom 11, Bathroom 15, Bathroom 9, Bedroom 22, Bathroom 19, Bathroom 20, Bedroom 14, Bedroom 19, Bedroom 20, Bathroom 18, Bathroom 16, Bathroom 13, Bathroom 5, Bedroom 21, Bedroom 17, Bedroom 13, Bathroom 23, Bathroom 3, Bathroom 7, Bathroom 25, Bedroom 23, Bathroom 6, Bathroom 14, Bedroom 18, Bathroom 22, Bathroom 12, Bedroom 15, Bedroom 6, Bedroom 8, Bedroom 5, Bathroom 8
Parking 16
Parking features Garage, Driveway, Open
Interior features DecorativeDesignerLightingFixtures, EatInKitchen, HighSpeedInternet, KitchenIsland, OpenFloorplan, CableTv
Appliances SomeGasAppliances, BuiltInGasRange, Dishwasher, Disposal, GasWaterHeater, Microwave, PlumbedForGas, Refrigerator
Subdivision Ford Highlands Add
Elementary school Vivian Fowler
Middle school Wallace,Mount Pleasant
High school Mount Pleasant
Elementary school district Mount Pleasant ISD
Middle school district Mount Pleasant ISD
High school district Mount Pleasant ISD
Directions GPS to 196 W 17th Street Mount Pleasant, TX 75455
Standard status Active
APN 256243
Size 12,000 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description URBANS ON 17TH BLK A LOT 1 .16 AC
Legal Description URBANS ON 17TH BLK A LOT 1 .16 AC

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Ceiling Fan(s), Central Air, Electric
Water source Public

Building Details

Year built 2024
Floors in Building 2
Number of units 8
Flooring type Vinyl
Building materials Brick
Roof type Shingle
Listing Agency: Luxe Estates Realty, LLC
Listed By: Richard Guilliams · License #0598248
Added: Jul 24 Changed: Aug 3 Last Checked: Aug 3 at 4:06PM
MLS# 21333929

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.

An 8-unit attached townhome investment portfolio offered as one complete package. Built in 2024, each unit has its own address and features an approximately 1,500-square-foot layout with 3 bedrooms and 2.5 bathrooms, an eat-in kitchen, and an open floorplan. Each residence includes an attached one-car garage plus an additional parking space, and a low-maintenance fenced backyard. The portfolio is described as 100% leased, with seven units leased to long-term tenants and one unit operating as a successful Airbnb.

The property is located in Mount Pleasant, Texas, and is positioned minutes from CHRISTUS Health - Mount Pleasant Hospital, the recently opened CHRISTUS Health Mount Pleasant Emergency Care Center and multispecialty clinic, as well as shopping, restaurants, schools, and major employers. Public water and public sewer service are provided, with a shingle roof and central heating/cooling.

The investment is presented as a turnkey income-producing portfolio with newer construction designed to support reduced near-term capital expenditures compared to older multifamily properties. Rent roll, lease information, Airbnb performance, and financial information are available to qualified buyers upon request.

Key Highlights

  • 8 attached townhome units sold as one portfolio package with 100% leased status
  • Built in 2024 with brick construction, shingle roof, and central heating and cooling
  • Approximately 1,500 SF per unit with 3 bedrooms and 2.5 bathrooms

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Furniture & Home Goods Law Firm HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

8
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

639
Businesses Nearby

Demographics for 75455, TX

27,305
Population
10,272
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
79%
High-School Grad
306.5 sq mi
ZIP Area
89
Density / Sq Mi
$57,585
Median Household Income
$34,318
Median Earnings
$821
Median Rent
$168,800
Median Home Value

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?
Apartment building - New construction 8-unit townhome portfolio, 100% leased with seven long-term tenants and one Airbnb.
Where is this apartment building located?
The property is located at 196 W 17th Street Mount Pleasant, TX.
What is the asking price?
The asking price for this property is $1,999,990.
What are key features of this property?
This property features: 8 attached townhome units sold as one portfolio package with 100% leased status; Built in 2024 with brick construction, shingle roof, and central heating and cooling; Approximately 1,500 SF per unit with 3 bedrooms and 2.5 bathrooms
More about this property
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