Fully Leased Multifamily Apartment
316 W 7 Street Mount Pleasant, TX 75455
For Sale
$2,600,000
MULTI_FAMILY - Mt Pleasant, TX
Lot Size1.14 Acres
Days on Market29
Property Features for 316 W 7 Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 27
- Bathrooms
- 25
- Rooms
- Bathroom 15, Bathroom 24, Bedroom 15, Bathroom 10, Bedroom 7, Bedroom 13, Bathroom 19, Bedroom 23, Bedroom 21, Bathroom 11, Bathroom 21, Bedroom 2, Bedroom 14, Bathroom 4, Bathroom 12, Bedroom 18, Bathroom 14, Bedroom 3, Bedroom 16, Bedroom 25, Bathroom 20, Bedroom 22, Bathroom 25, Bedroom 27, Bedroom 5, Bedroom 26, Bathroom 17, Bathroom 18, Bathroom 13, Bathroom 9, Bedroom 10, Bathroom 22, Bathroom 2, Bedroom 24, Bathroom 3, Bathroom 7, Bathroom 8, Bedroom 11, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 8, Bedroom 9, Bedroom 20, Bathroom 5, Bedroom 12, Bathroom 16, Bedroom 19, Bathroom 23, Bathroom 6, Bedroom 17
- Parking
- 25
- Parking features
- Parking Lot
- Interior features
- EatInKitchen, GraniteCounters, KitchenIsland, OpenFloorplan, Pantry, VaultedCeilings, WalkInClosets
- Fencing
- Fenced
- Appliances
- Dishwasher, Disposal, Refrigerator
- Standard status
- Active
- APN
- 10691
- Lot size
- 1.14 Acres
Taxes and HOA fees
- Tax Description
- MT PLEASANT CITY BLOCKS BLK 55 LOT 2 - 5 1.13
- Tax Annual Amount
- 16054
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Ceiling Fan(s), Electric
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Number of units
- 25
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Composition
Listing Agency:
Texas Legacy Realty
(817) 312-6165
Listed By:
Dennys Gonzalez · License #0668915
(817) 312-9545
Added: Jun 26
Changed: Jul 17
Last Checked: Jul 24 at 2:06PM
MLS# 20925425
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.
This fully leased multifamily apartment building offers 25 well-maintained units, including 23 one-bedroom, one-bath homes and 2 two-bedroom, one-bath homes. Interior features include stainless steel appliances, granite countertops in kitchens and bathrooms, and sleek tile flooring throughout. Some units also include granite kitchen islands to add extra prep and dining space. The property is set up for resident convenience with on-site parking, landscaped grounds, a centralized community mailbox area, and a community laundromat for tenants.
Located at 316 W 7 Street in Mt Pleasant, Texas, the building is described as minutes from the highway while still supporting a walkable downtown setting. That combination of highway access and downtown proximity is intended to make day-to-day commuting and local errands more manageable for residents.
For buyers or operators seeking a ready-to-own income property, the current status is reported as 100% leased. The tenant-friendly mix of in-unit finishes and shared amenities like laundry and parking can support straightforward management, with the established unit configuration of one-bedroom and two-bedroom layouts providing options for a variety of household needs.
Located at 316 W 7 Street in Mt Pleasant, Texas, the building is described as minutes from the highway while still supporting a walkable downtown setting. That combination of highway access and downtown proximity is intended to make day-to-day commuting and local errands more manageable for residents.
For buyers or operators seeking a ready-to-own income property, the current status is reported as 100% leased. The tenant-friendly mix of in-unit finishes and shared amenities like laundry and parking can support straightforward management, with the established unit configuration of one-bedroom and two-bedroom layouts providing options for a variety of household needs.
Key Highlights
- 25‑unit multifamily building in Downtown Mount Pleasant: 23 one‑bedroom, one‑bath units and 2 two‑bedroom, one‑bath units
- Fully leased with 100% occupancy and income‑producing units
- Unit sizes range from approximately 850 to 1,000 SF
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - 25-unit apartment building with on-site parking and community laundromat, fully leased for income stability.
Where is this apartment building located?
The property is located at 316 W 7 Street Mount Pleasant, TX.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 25‑unit multifamily building in Downtown Mount Pleasant: 23 one‑bedroom, one‑bath units and 2 two‑bedroom, one‑bath units; Fully leased with 100% occupancy and income‑producing units; Unit sizes range from approximately 850 to 1,000 SF
