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25-Unit Apartment Building
For Sale
$2,600,000

316 W 7 Street, Mount Pleasant, TX 75455

ResidentialIncome, Mt Pleasant, TX

Property SizeContact for details
Lot Size1.14 Acres
Days on Market75

Property Features for 316 W 7 Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 27
Bathrooms 25
Full bathrooms 25
Rooms Bathroom 15, Bedroom 20, Bathroom 1, Bedroom 2, Bedroom 7, Bathroom 5, Bathroom 11, Bathroom 16, Bathroom 14, Bathroom 22, Bedroom 11, Bathroom 24, Bedroom 8, Bathroom 25, Bathroom 10, Bedroom 6, Bedroom 4, Bathroom 2, Bathroom 18, Bedroom 14, Bedroom 5, Bedroom 27, Bathroom 7, Bedroom 26, Bedroom 9, Bathroom 13, Bathroom 19, Bedroom 17, Bedroom 13, Bathroom 3, Bathroom 4, Bathroom 20, Bathroom 17, Bathroom 23, Bathroom 21, Bedroom 24, Bedroom 22, Bedroom 18, Bedroom 3, Bedroom 23, Bedroom 15, Bathroom 9, Bedroom 10, Bathroom 6, Bedroom 21, Bedroom 25, Bathroom 12, Bedroom 1, Bedroom 16, Bedroom 19, Bathroom 8, Bedroom 12
Parking 25
Parking features Parking Lot
Interior features EatInKitchen, GraniteCounters, KitchenIsland, OpenFloorplan, Pantry, VaultedCeilings, WalkInClosets
Fencing Fenced
Appliances Dishwasher, Disposal, Refrigerator
Subdivision Mt Pleasant City Blocks
Lot features Landscaped, Sprinkler System
Elementary school Annie Sims
Middle school Wallace,Corprew,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 friendly
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
Legal Description MT PLEASANT CITY BLOCKS BLK 55 LOT 2 - 5 1.13

Utilities

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

Amenities

community laundromat
landscaped grounds
community mailbox area

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
Listed By: Dennys Gonzalez · License #0668915
Added: Jun 26 Changed: Sep 7 Last Checked: Sep 8 at 12:06AM
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 25-unit apartment property includes 23 one-bedroom, one-bath residences and 2 two-bedroom, one-bath residences. Unit sizes range from approximately 850 to 1,000 square feet, with features including stainless steel appliances, granite countertops, tile flooring, and select kitchen islands. Central heating and cooling serve the units, while brick construction and a composition roof are among the property improvements.

The 1.136-acre property is located at 316 W 7 Street in downtown Mt Pleasant, Texas, with highway access minutes away. On-site amenities include a parking lot, community laundromat, centralized mailboxes, fenced grounds, and landscaped areas. Public water and sewer serve the property, which was built in 1965 and is currently 100% leased.

Key Highlights

  • 25 units: 23 one‑bedroom/one‑bath and 2 two‑bedroom/one‑bath residences
  • Approximately 850 to 1,000 square feet per unit
  • 100% leased

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store Garden Center

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

25
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

822
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased multifamily asset with on-site parking, community laundry, landscaped grounds, and updated in-unit finishes.
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 units: 23 one‑bedroom/one‑bath and 2 two‑bedroom/one‑bath residences; Approximately 850 to 1,000 square feet per unit; 100% leased
More about this property
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