Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2900 S Fm 225 Henderson, TX 75654

    View on Map
    Sponsored
    For Sale
    $5,350,000

    Apartment - Henderson, TX

    Type:Apartment
    Lot size:
    12.00 Acres
    Days on Market:
    12
    Last Refresh:
    Mar 14 at 2:06 pm

    Property Features for 2900 S Fm 225

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Active
    Parking features
    Paved or Surfaced
    Lot size
    12.00 Acres

    Building Details

    Floors in Building
    1
    Number of units
    80
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Kelly Hale

    Texas Real Estate Executives, The Daniels Group (903) 680-4663

    Listing agent Kelly Hale (903) 680-4663

    Listing date Mar 2, 2026

    MLS# 20247452 Listing URL

    Copyright © 2026 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Southern Hills Duplex Apartments Investment

    Southern Hills Duplex Apartments presents an investment opportunity featuring comfortable living on the outskirts of Henderson, TX. This multi-family apartment community offers 80 livable units with 1, 2, and 3-bedroom layouts. The property includes an on-site leasing office, laundry facility, maintenance shop, and several storage areas. Situated on 12 landscaped acres in a country setting, it is located minutes from shopping and dining. There is potential for rent increases and value-add opportunities. The property has been professionally managed for the past 10 years, ensuring tenant satisfaction and property upkeep, with preventative maintenance and prompt attention to work orders. New roofs were installed on each of the 42 buildings in June 2023, with a 20-year shingle and a transferrable warranty. The adjacent 1.5-acre lot at 2902 FM 225 S has utilities in place and is zoned multi-family, offering room to build additional rentals or add amenities. The property is located in Rusk County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Southern Hills Duplexes Apartment Complex Couture Glam Girl Clothing & Fashion Store

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Skin Care Clinic Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Rusk
    State
    Texas
    Longitude
    -94.811031
    Latitude
    32.123165

    Nearby Similar for Sale

    • $130,000
      1,440 SF

      Downtown Duplex Office Space

      Prime office space in Henderson's active civic hub.
      201 N Van Buren St, Henderson, TX 75652
      View Details
    • $250,000
      0.28 Acres

      Historic Building in Downtown Henderson

      Historic four-story building suitable for bank, retail, office, or apartments.
      202 E Main St, Henderson, TX 75652
      View Details
    • $5,350,000
      12.00 Acres

      Southern Hills Duplex Apartments Investment

      Lucrative multi-family investment opportunity with upside potential in Henderson, TX.
      2900 S Fm 225, Henderson, TX 75654
      View Details
    • $299,000
      11,341 SF

      Redevelopment Opportunity at High-Traffic Intersection

      Retail or office building for sale at a prime location.
      1200 S 79, Henderson, TX 75654
      View Details
    • $490,000
      0.56 Acres

      Henderson, TX Pad Site Opportunity

      Former fast-food restaurant pad site along main retail corridor.
      500 Us Highway 79 N, Henderson, TX 75652
      View Details
    • $299,000
      0.90 Acres

      Henderson Office Building For Sale

      Office building with redevelopment potential on a high-traffic intersection.
      1200 S 79, Henderson, TX 75654
      View Details
    • $490,000

      Former Fast-Food Restaurant on Highway

      Former drive-in restaurant on retail corridor, redevelopment opportunity.
      500 N Us Highway 79, Henderson, TX 75652
      View Details
    • $499,000
      576 SF

      East Texas Ranchette with Cabin

      45.78-acre ranchette with cabin, shop, ponds, near Henderson, TX.
      9754 Farm To Market Rd 1251, Henderson, TX 75652
      View Details
    • $3,500,000
      1.42 Acres

      Established Tire & Service Business

      Successful tire and service business for sale in Henderson, TX.
      1000 Us 79, Henderson, TX 75652
      View Details
    • $219,000
      2,440 SF

      Turnkey Grooming and Boarding Facility

      Established grooming and boarding facility with kennels and play area.
      510 E Ragley St, Henderson, TX 75654
      View Details
    • $315,000
      4,500 SF

      Henderson Flex/Industrial Property For Sale

      Flex/Industrial property with office and warehouse space in Henderson, TX.
      2300 Tx-322, Henderson, TX 75652
      View Details
    • $130,000
      0.09 Acres

      Downtown Duplex Office Space

      Professional office space in Henderson's active civic hub.
      201 N Van Buren St, Henderson, TX 75652
      View Details

    FAQs

    What type of property is this?
    Apartment building - Multi-family apartment community with upside potential in Henderson, TX.
    Where is this apartment building located?
    The property is located at 2900 S Fm 225 Henderson, TX.
    What is the asking price?
    The asking price for this property is $5,350,000.
    What are key features of this property?
    This property features: - Significant upside potential with room for rent increases.; - New roofs with warranty: All 42 buildings had new roofs installed in June 2023 with a 20-year shingle and transferable warranty.; - Professionally managed for 10 years ensuring tenant satisfaction and property upkeep.
    (903) 680-4663
    Request Owner's contact information
    2900 S Fm 225 Henderson, TX 75654
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2900 S Fm 225
    Henderson, TX 75654
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2900 S Fm 225 Henderson, TX 75654
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kelly Hale
    Real Estate License ID: 0759695
    (903) 680-4663 (903) 845-4663 (903) 235-2014
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!