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Upgraded Residential Income Property
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119 E Walnut St, Hillsboro, TX 76645

Multifamily property with ongoing interior upgrades, including stackable washer/dryer connections and a courtyard amenity area.

Property SizeContact for details
Days on Market142

Property Features for 119 E Walnut St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Marcus & Millichap - Dallas
Listed By: Nick Fluellen, CCIM · License #TX 0521943
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 4:12AM

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 Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

This residential income property is continuing a successful interior upgrade program, with plans to install stackable washer/dryer connections and appliances. The property also includes improvements intended to convert the existing laundry room into an income-generating apartment.

Additional work includes adding community amenities in an underutilized courtyard. The property is located in Hillsboro, about one hour south of Dallas and Fort Worth.

For more information, contact Alec Schenk at (972) 755-5182.

Key Highlights

  • Ongoing interior upgrade program as part of the property’s ongoing improvements
  • Includes stackable washer/dryer connections and appliances
  • Laundry room can be converted into an income‑generating apartment

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Real Estate Agency Electrical Service Skin Care Clinic Gym & Fitness Center Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

595
Businesses Nearby

Demographics for 76645, TX

11,274
Population
4,559
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
84%
High-School Grad
187.5 sq mi
ZIP Area
60
Density / Sq Mi
$61,792
Median Household Income
$33,554
Median Earnings
$941
Median Rent
$154,800
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 - Multifamily property with ongoing interior upgrades, including stackable washer/dryer connections and a courtyard amenity area.
Where is this multifamily property located?
The property is located at 119 E Walnut St Hillsboro, TX.
What are key features of this property?
This property features: Ongoing interior upgrade program as part of the property’s ongoing improvements; Includes stackable washer/dryer connections and appliances; Laundry room can be converted into an income‑generating apartment
More about this property
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