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    267 Washington Dr Avinger, TX 75630

    For Sale
    $449,900

    Multiple Single Units - Avinger, TX

    Lot size:
    1.56 Acres
    Days on Market:
    81
    Last Refresh:
    Dec 8 at 8:06 pm

    Property Features for 267 Washington Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    7221
    Parking
    10
    Interior features
    Built-in Features, Decorative Lighting, Open Floorplan
    Fireplace
    1
    Appliances
    Dishwasher, Range, Washer
    Lot size
    1.56 Acres

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Central Air, Multi Units, Window Unit(s)

    Building Details

    Year built
    1980
    Floors in Building
    1.5
    Flooring type
    Vinyl
    Building materials
    Board & Batten Siding, Frame
    Roof type
    Metal
    Architectural style
    Other

    Mayben Realty, LLC (903) 572-2400

    Listing agent Jesse Moore (903) 645-2040 License #0752302

    Listing date Sep 19, 2025

    MLS# 20981197 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

    Profitable Multi-Unit Property Near Lake

    This multi-unit property features six individual apartment-style homes, each with a private yard suitable for tenants with pets or children. The property is located minutes from Lake O' The Pines – Johnson Creek and borders Corps of Engineers property, offering recreational opportunities and privacy. The homes have been maintained and show pride of ownership. With a rental history and consistent full occupancy since 2019, this property is an income producer. This property is suited to investors looking for a reliable asset.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Gym & Fitness Hotel & Motel Storage Facility Bar & Pub Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Avinger
    County
    Cass
    State
    Texas
    Longitude
    -94.558268
    Latitude
    32.791141

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    FAQs

    What type of property is this?
    Apartment building - Six single-family apartment-style homes with private yards near Lake O' The Pines.
    Where is this apartment building located?
    The property is located at 267 Washington Dr Avinger, TX.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: - Six individual apartment-style homes, each with a private yard, ideal for tenants with pets or children.; - Proven income-producing property with consistent full occupancy since 2019.; - Located minutes from Lake O' The Pines – Johnson Creek and backs directly to Corps of Engineers property, offering recreational appeal, peace, and privacy.
    (903) 645-2040
    Request Owner's contact information
    267 Washington Dr Avinger, TX 75630
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    Avinger, TX 75630
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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
    267 Washington Dr Avinger, TX 75630
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