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    202 S Broadway St Bells, TX 75414

    For Sale
    $2,495,000

    Apartment - Bells, TX

    Type:Apartment
    Lot size:
    1.79 Acres
    Days on Market:
    240
    Last Refresh:
    Dec 8 at 6:06 pm

    Property Features for 202 S Broadway St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    1
    APN
    138347
    Parking
    48
    Parking features
    Open
    Patio and Porch features
    Patio, Porch
    Interior features
    Open Floorplan
    Exterior features
    Covered Patio/Porch
    Appliances
    Range, Refrigerator
    Lot size
    1.79 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1982
    Floors in Building
    1
    Flooring type
    Carpet, Vinyl
    Building materials
    Board & Batten Siding
    Roof type
    Composition
    Architectural style
    Other

    McCraw Properties (972) 569-8840

    Listing agent Chris McCraw (972) 569-8840 License #0437669

    Listing date Apr 13, 2025

    MLS# 20900093 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

    24-Unit Apartment Complex in Bells, TX

    This property features a 24-unit apartment complex, consisting of six buildings, each containing four units. Each apartment includes two bedrooms and one bathroom. All units are single-story and separately metered for water and electricity. The units are all-electric and equipped with central heat and air. The property includes additional land suitable for potential expansion. Located in downtown Bells, Texas, the property is situated between the growing city of Sherman and Bois D Arc Lake. Recent capital improvements include roof replacements on all six buildings in 2023, exterior siding replacement on most buildings in 2023, exterior painting, and front porch support beams replaced and stained. The lot size is 1.791 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Deer Run Apartments Apartment Building

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bells
    County
    Grayson
    State
    Texas
    Longitude
    -96.409016
    Latitude
    33.609058

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    FAQs

    What type of property is this?
    Apartment building - Rare opportunity: 24-unit apartment complex in Bells, Texas.
    Where is this apartment building located?
    The property is located at 202 S Broadway St Bells, TX.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: - Rare opportunity to own a 24-unit apartment complex.; - Recent capital improvements: new roofs on all 6 buildings (2023), siding replaced on most buildings (2023), exterior painted, and porch beams replaced.; - All units are separately metered for water and electricity.
    (972) 569-8840
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    Bells, TX 75414
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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
    202 S Broadway St Bells, TX 75414
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