Senior Housing Facility Conversion
102 Floyd Street, Naples, TX 75568
- Added:
- Feb 5, 2026
- Days on Market:
- 117
- Last Refresh:
- Jun 2 at 9:06 pm
Property Features for 102 Floyd Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Parking Lot, Off Street
- Standard status
- Active
- APN
- 12019
- Lot size
- 2.67 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Electric, Heat Pump
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Number of units
- 29
- Flooring type
- Tile, Wood
- Building materials
- Brick
- Roof type
- Composition
Listing agent Matthew Marshall License #0544812 (903) 581-3737
Listing office Drake Real Estate Tyler, TX (903) 581-3737
Listing date Feb 5, 2026
MLS# 21171569
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.
HighLights
- Non‑performing senior housing facility built in 1980 with brick construction and composition roof
- 29 independent living units with common areas including lobby, admin office, laundry rooms, kitchen, and dining hall
- Each studio unit is 273 sq ft and includes a kitchenette and bathroom
- Public utilities: public water and public sewer
- Heating and cooling provided by heat pump systems; electric cooling
- On‑site parking lot plus off‑street parking
Overview
This non-performing senior housing facility was formerly the Bluebonnet Elite Apartments and offers a clear path to re-stabilization under the right ownership. The building features 29 independent living units, along with practical shared spaces including a lobby, an admin office, laundry rooms, a kitchen, and a dining hall. Each unit includes a kitchenette and a private bathroom, supporting an efficient senior living layout that can be brought back to full operating capacity.
Located at 102 Floyd Street in Naples, Texas (Morris County), the property sits on a 2.67-acre site. Complete details on current condition and unit configuration can be provided by the listing agent.
For investors, this asset is well-suited to a value-add strategy focused on restoring operations and leveraging the existing unit and amenity mix. The combination of independent living studios and on-site common areas can appeal to operator teams seeking a senior housing footprint with established functional spaces, rather than starting from scratch.
Located at 102 Floyd Street in Naples, Texas (Morris County), the property sits on a 2.67-acre site. Complete details on current condition and unit configuration can be provided by the listing agent.
For investors, this asset is well-suited to a value-add strategy focused on restoring operations and leveraging the existing unit and amenity mix. The combination of independent living studios and on-site common areas can appeal to operator teams seeking a senior housing footprint with established functional spaces, rather than starting from scratch.
Property Profile
Location Intelligence
Current Use by Public Records
Senior Housing / Retirement ...
Location Insight
- Map
- Local Demand
- City
- Naples
- County
- Morris
- State
- Texas
- Longitude
- -94.679028
- Latitude
- 33.200601
Nearby Similar for Sale
FAQs
What type of property is this?
Senior housing / Retirement Home - Non-performing senior housing with 29 independent living units, common areas, and in-unit kitchenettes and bathrooms.
Where is this senior housing / retirement home located?
The property is located at 102 Floyd Street Naples, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Non‑performing senior housing facility built in 1980 with brick construction and composition roof; 29 independent living units with common areas including lobby, admin office, laundry rooms, kitchen, and dining hall; Each studio unit is 273 sq ft and includes a kitchenette and bathroom
