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    Five-Unit Income Apartment Building Title is generated by Realmo AI

    106 N Colpitts, Fort Stockton, TX 79735

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    For Sale
    $240,000

    MULTI_FAMILY - Fort Stockton, TX

    Property size:
    3,506 SF
    Lot size:
    0.33 Acres
    Price / SF:
    $68/SF
    Added:
    Jul 3, 2024
    Days on Market:
    725
    Last Refresh:
    Jun 27 at 9:06 pm

    Property Features for 106 N Colpitts

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    5
    Rooms
    Bedroom 2, Bedroom 7, Bedroom 6, Bathroom 4, Bathroom 3, Bathroom 5, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1
    Parking features
    Assigned
    Standard status
    Active
    Size
    3,506 SF
    Lot size
    0.33 Acres

    Taxes and HOA fees

    Tax Description
    Lot 1 & 2, Block 33, Orient Addition, Parcel#17710, Pecos County, Fort Stockton, TX
    Tax Annual Amount
    1819

    Utilities

    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    1
    Roof type
    Composition

    We can help!

    Contact an agent
    Jennifer Gonzales

    Listing agent Jennifer Gonzales License #TREC 0638266

    Listing office Sadler & Associates LLC 1411 W Dickinson, Fort Stockton, TX

    Listing date Jul 3, 2024

    MLS# 50072470 Listing URL

    Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Multi‑family property built in 1950 with assigned parking and public water service
    • All 5 units have separate electric meters and water meters, with utilities paid by tenants
    • Unit mix includes one‑bedroom and two‑bedroom units
    • Potential rent ranges noted: 2/1 units around $750–$800 and 1/1 units around $550–$600
    • Composition roof and multiple bedrooms and bathrooms across the property

    Overview

    This property is a five-unit income apartment building featuring a mix of one-bedroom and two-bedroom units. Each unit has a separate electric meter and a separate water meter, with utilities paid directly by tenants. The unit layouts include a cozy kitchen that opens to the living room and dining area, supporting an efficient, resident-friendly flow within each home.

    The building is located at 106 N Colpitts in Fort Stockton, Texas, within Pecos County. The listing notes the property is available for immediate purchase and is positioned as a turnkey option for an investment portfolio.

    For tenants, the combination of one-bedroom and two-bedroom homes can provide flexibility based on household needs. For buyers and operators, the separate metering setup is a practical operational feature because electric and water billing is handled at the unit level rather than consolidated. The listing also cites typical potential rent ranges of approximately $550–$600 for the 1-bedroom units and $750–$800 for the 2-bedroom units, reflecting the income expectations associated with the current unit mix.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Stockton
    County
    Pecos
    State
    Texas
    Longitude
    -102.891839
    Latitude
    30.886101

    FAQs

    What type of property is this?
    Apartment building - Tenants pay separately metered electric and water in a 1- and 2-bedroom multifamily property ready for purchase.
    Where is this apartment building located?
    The property is located at 106 N Colpitts Fort Stockton, TX.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: Multi‑family property built in 1950 with assigned parking and public water service; All 5 units have separate electric meters and water meters, with utilities paid by tenants; Unit mix includes one‑bedroom and two‑bedroom units
    More about this property
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