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Seven-Unit Apartment Building
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1106 Esplanade Street, Marshall, TX 75670

Two-story multifamily property with varied unit layouts, recent improvements, individual electric metering, and detached storage space.

Property Size11,024 SF
Lot Size0.25 Acres
Price / SF$35.83
Days on Market7

Property Features for 1106 Esplanade Street

General Information

Standard status Active
Size 11,024 SF
Class C
Total Parking Spaces 10
Lot size 0.25 Acres
Property subtype Multifamily
Investment Type Value Add

Units

Unit Mix 5 x 1BR/1BA, 1 x 2BR/1BA, 1 x studio
Multifamily Units 7

Building Details

Year Built 1930
Year Renovated 2023
Buildings 1
Stories 2
Units 7
Tenancy Multi
Listing Agency: RE/MAX Professionals
Listed By: Ben Burks · License #520125
Source: Crexi
Added: Aug 5 Changed: Aug 11 Last Checked: Aug 11 at 12:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Professionals

Investment Insights

Based on property information with market context.

Located at 1106 Esplanade Street in Marshall, this two-story apartment building contains 3,400 square feet and seven units. The configuration includes five one-bedroom, one-bath apartments, one two-bedroom, one-bath apartment, and one studio. The property occupies approximately 0.253 acres and includes off-street parking, copper wiring, individually metered electric for applicable units, and a detached garage or storage building.

Capital work includes a roof replacement with architectural shingles completed in December 2023, extensive renovations completed in 2023, and foundation work completed in January 2026. The detached structure provides additional storage space separate from the apartment building.

The property is approximately half a mile from East Texas Baptist University and near Walmart, Lowe's, Chick-fil-A, CVS, McDonald's, Family Dollar, Dollar General, Verizon, and Firestone. Its Marshall setting places the apartments near retail, restaurants, everyday services, and major employers.

Key Highlights

  • Seven‑unit mix: five 1‑bedroom/1‑bath units, one 2‑bedroom/1‑bath unit, and one studio
  • 3,400‑square‑foot, two‑story apartment building on approximately 0.253 acres
  • Architectural shingle roof replaced 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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story multifamily property with varied unit layouts, recent improvements, individual electric metering, and detached storage space.
Where is this apartment building located?
The property is located at 1106 Esplanade Street 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; 3,400‑square‑foot, two‑story apartment building on approximately 0.253 acres; Architectural shingle roof replaced in December 2023
(903) 561-2600 Call to check price and availability
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