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Three-Unit Multifamily Property
For Sale
$560,000

1140 Vz County Road 1712, Grand Saline, TX 75140

Rural residential compound with multiple dwellings, private utilities, rental occupancy, and accessory improvements across wooded acreage.

Property SizeContact for details
Lot Size9.74 Acres
Days on Market64

Property Features for 1140 Vz County Road 1712

General Information

Standard status Active
Lot size 9.74 Acres
Property subtype Residential Income

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 1BR+loft, 1 x 1BR/1BA, 1 x 2BR/2BA
Multifamily Units 3

Additional Details

Gross Income $38,400

Taxes and HOA fees

Annual Taxes $725

Amenities

two ponds
fenced garden
workshop
zip line

Building Details

Tenancy Multi
Listing Agency: OnTrack Realty LLC
Listed By: Robert Bruce
Source: Exprealty
Added: Jun 20 Changed: Aug 20 Last Checked: Aug 22 at 10:55AM

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 OnTrack Realty LLC

Investment Insights

Based on property information with market context.

This multifamily property includes three separate residences on 9.743 acres: a 2022 cottage with one bedroom and loft space, a detached one-bedroom, one-bath cabin, and a two-bedroom, two-bath manufactured home. Together, the dwellings provide approximately five bedrooms and four full bathrooms. The manufactured home has fresh paint and updated carpet. Two residences are tenant occupied, while the cottage and manufactured home have separate electric accounts; the cabin’s utilities are owner paid.

A shared private well serves the property, and each dwelling has its own septic system. The grounds combine open clearings with mature hardwood and pine trees, wooded areas, two ponds, and a fenced garden. Additional improvements include a detached well house and a 48’ x 13’ workshop suitable for equipment and general storage. The property is outside city limits at 1140 Vz County Road 1712, with access to Grand Saline and Interstate 20 and an approximately one-hour drive to the East Dallas area.

Key Highlights

  • Three separate residential dwellings on 9.743 acres
  • 2022 cottage with one bedroom plus loft space
  • Detached 1‑bedroom, 1‑bath cabin and 2‑bedroom, 2‑bath manufactured home

Property Analytics

Current Use

Multifamily properties

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 75140, TX

7,538
Population
3,436
Households
2.2
Avg Household Size
42
Median Age
15%
College-Educated
76%
High-School Grad
116.2 sq mi
ZIP Area
65
Density / Sq Mi
$53,512
Median Household Income
$33,765
Median Earnings
$957
Median Rent
$131,300
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?
Multifamily property - Rural residential compound with multiple dwellings, private utilities, rental occupancy, and accessory improvements across wooded acreage.
Where is this multifamily property located?
The property is located at 1140 Vz County Road 1712 Grand Saline, TX.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Three separate residential dwellings on 9.743 acres; 2022 cottage with one bedroom plus loft space; Detached 1‑bedroom, 1‑bath cabin and 2‑bedroom, 2‑bath manufactured home
More about this property
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