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7-Unit Apartment Building
For Sale
$395,000

1106 Esplanade St, Marshall, TX 75670

Commercial Sale, Marshall, TX

Property Size11,024 SF
Lot Size0.25 Acres
Price / SF$35.83
Days on Market55

Property Features for 1106 Esplanade St

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Lot features Inside City Limits
Directions Head east on I-20 E, take exit 610 towards FM 3251, turn left, continue onto FM 3251, turn right onto FM 968E, turn right onto US-80 E, turn left onto N Grove St, turn right onto Virginia St, turn right onto Esplanade St and the destination will be on the left.
Standard status Active
Size 11,024 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Lot 1, Block 14, Subd Rainey
Tax Annual Amount 1218
Legal Description Lot 1, Block 14, Subd Rainey

Utilities

Sewer type Public Sewer
Heating system Space Heater
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1930
Number of units 7
Building materials Brick
Listing Agency: RE/MAX Professionals · RE/MAX International
Listed By: Rebecca Burks · License #0271366
Added: Jun 29 Changed: Aug 20 Last Checked: Aug 22 at 2:06AM
MLS# 26009048

Copyright © 2026 Greater Tyler Association 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.

Investment Insights

Based on property information with market context.

Built in 1930, this two-story apartment property contains seven units arranged as five one-bedroom, one-bath apartments, one two-bedroom, one-bath apartment, and one studio. The approximately 0.253-acre site also includes a detached garage and storage building, off-street parking, copper wiring, individually metered electric for applicable units, and public water and sewer. Recent work includes a roof replacement with architectural shingles in December 2023, extensive renovations completed in 2023, and foundation work completed in January 2026.

The property is located at 1106 Esplanade St in Marshall, near East Texas Baptist University. Nearby retail and service destinations identified for the area include Walmart, Lowe’s, Chick-fil-A, CVS, McDonald’s, Family Dollar, Dollar General, Verizon, and Firestone. The detached structure provides additional storage space and may support future rental use, subject to applicable requirements.

Key Highlights

  • Seven‑unit mix: five 1‑bedroom/1‑bath units, one 2‑bedroom/1‑bath unit, and one studio
  • Approximately 0.253 acres at 1106 Esplanade St, Marshall, TX 75670
  • Roof replaced with architectural shingles in December 2023

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office HVAC Service Parking Lot & Garage Plumbing Service Locksmith (Bike/Boat/Book/etc) 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

7
Residential units

Location Intelligence

Trade Area within ½ mile

474
Businesses Nearby

Demographics for 75670, TX

16,935
Population
7,357
Households
2.3
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
127.7 sq mi
ZIP Area
133
Density / Sq Mi
$39,748
Median Household Income
$23,153
Median Earnings
$891
Median Rent
$100,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story multifamily property with varied unit layouts, recent capital improvements, off-street parking, and a detached storage building.
Where is this apartment building located?
The property is located at 1106 Esplanade St Marshall, TX.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Seven‑unit mix: five 1‑bedroom/1‑bath units, one 2‑bedroom/1‑bath unit, and one studio; Approximately 0.253 acres at 1106 Esplanade St, Marshall, TX 75670; Roof replaced with architectural shingles in December 2023
More about this property
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