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Nine-Unit Apartment Property
For Sale
$1,600,000

518 Oakridge Drive, Greenville, TX 75402

ResidentialIncome, Greenville, TX

Property SizeContact for details
Lot Size0.07 Acres
Days on Market77

Property Features for 518 Oakridge Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 18
Bathrooms 18
Full bathrooms 18
Rooms Bathroom 11, Bedroom 15, Bedroom 16, Bedroom 9, Bedroom 6, Bathroom 5, Bathroom 12, Bathroom 3, Bedroom 11, Bathroom 4, Bathroom 15, Bathroom 2, Bathroom 7, Bathroom 6, Bedroom 18, Bathroom 17, Bedroom 13, Bedroom 8, Bathroom 1, Bathroom 8, Bedroom 17, Bedroom 3, Bedroom 14, Bedroom 1, Bedroom 7, Bathroom 18, Bedroom 10, Bedroom 5, Bathroom 16, Bedroom 2, Bathroom 9, Bathroom 14, Bedroom 4, Bedroom 12, Bathroom 10, Bathroom 13
Parking 1
Parking features Garage, Alley, Open
Interior features EatInKitchen, HighSpeedInternet, CableTv, WalkInClosets
Appliances Dishwasher, ElectricRange, Disposal
Subdivision Oak Ridge Add
Lot features Interior Lot, Landscaped, Level, Few Trees
Elementary school Lamar
Middle school Greenville
High school Greenville
Elementary school district Greenville ISD
Middle school district Greenville ISD
High school district Greenville ISD
Directions Wesley st to right on Hwy 69s. Right on FM 1570. Right on Oakridge
Standard status Active
APN 53256
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description S4256 OAK RIDGE ADDITION BLK A LOT 10 ACRES .
Tax Annual Amount 27000
Legal Description S4256 OAK RIDGE ADDITION BLK A LOT 10 ACRES .

Utilities

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

Building Details

Year built 1988
Floors in Building 1
Number of units 9
Flooring type Vinyl, Carpet
Building materials Brick
Roof type Composition
Listing Agency: Century 21 First Group · Century 21 Real Estate
Listed By: Holly Gray · License #0457861
Added: Jun 19 Changed: Sep 2 Last Checked: Sep 3 at 10:06AM
MLS# 21276833

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 property includes nine connected townhomes offered together as a single package. Each residence contains two bedrooms, two bathrooms, and a one-car garage, along with granite countertops, a dishwasher, and an electric range. Interior features include eat-in kitchens and walk-in closets, while vinyl and carpet flooring support practical day-to-day use.

The townhomes are fully occupied and located near L3Harris Technologies and Lamar Elementary School in Greenville. Interstate 30 provides commuter access toward Dallas, with shopping, restaurants, and other everyday conveniences nearby.

Brick construction dates to 1988. The property is served by public water and public sewer, and parking includes garages, open spaces, and alley access. The seller prefers to convey all nine units together and will not divide the package.

Key Highlights

  • Nine fully occupied connected townhomes offered as one package
  • Each unit includes 2 bedrooms, 2 bathrooms, and a one‑car garage
  • Granite countertops, dishwasher, and electric range in every townhome

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Auto Parts Store Bakery Grocery & Convenience Store

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

9
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby

Demographics for 75402, TX

18,983
Population
8,024
Households
2.4
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
90.8 sq mi
ZIP Area
209
Density / Sq Mi
$77,602
Median Household Income
$46,076
Median Earnings
$1,414
Median Rent
$252,500
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 occupied connected townhomes provide individual garages, kitchen appliances, and convenient access to Interstate 30.
Where is this apartment building located?
The property is located at 518 Oakridge Drive Greenville, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Nine fully occupied connected townhomes offered as one package; Each unit includes 2 bedrooms, 2 bathrooms, and a one‑car garage; Granite countertops, dishwasher, and electric range in every townhome
More about this property
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