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    316 W 7Th St Mount Pleasant, TX 75455

    For Sale
    $2,999,999

    Business - Mount Pleasant, TX

    Type:Business
    Lot size:
    1.14 Acres
    Days on Market:
    191
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 316 W 7Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    10691
    Lot size
    1.14 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1965
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    Texas Legacy Group (817) 312-9545

    Listing agent Dennys Gonzalez (817) 312-6165 License #0668915

    Listing date Jun 6, 2025

    MLS# 20921279 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

    Income-Producing Multifamily Property Downtown

    Located in downtown Mount Pleasant, this income-producing multifamily property features 25 apartment units. The building is fully leased and includes 23 one-bedroom, one-bath units and 2 two-bedroom, one-bath units. Each unit ranges from approximately 850 to 1,000 square feet and offers modern finishes, including stainless steel appliances, granite countertops in kitchens and bathrooms, and tile flooring throughout. Some kitchens feature granite islands. The property, situated on a 1.136-acre lot, includes on-site parking, a community laundromat, landscaped grounds, and a centralized community mailbox area. It is located minutes from the highway, offering accessibility while maintaining a walkable downtown location. This property represents a turnkey investment with stable occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Titus
    State
    Texas
    Longitude
    -94.971122
    Latitude
    33.161873

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    FAQs

    What type of property is this?
    Apartment building - Fully leased multifamily building with 25 units in downtown Mount Pleasant.
    Where is this apartment building located?
    The property is located at 316 W 7Th St Mount Pleasant, TX.
    What is the asking price?
    The asking price for this property is $2,999,999.
    What are key features of this property?
    This property features: - Fully leased, income-producing multifamily building ensures immediate and consistent revenue stream.; - Prime downtown Mount Pleasant location offers high tenant appeal and convenient access to amenities.; - 25 well-maintained units with modern finishes, including stainless steel appliances and granite countertops.
    (817) 312-6165
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    Mount Pleasant, TX 75455
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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
    316 W 7Th St Mount Pleasant, TX 75455
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