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Multifamily Property with Rental Homes
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125 Leatherman Lane, Lufkin, TX 75904

Unrestricted acreage supports an established residential income property with multiple dwellings and additional space for expansion.

Property SizeContact for details
Lot Size22.00 Acres
Days on Market54

Property Features for 125 Leatherman Lane

General Information

Standard status Active
Lot size 22.00 Acres
Property subtype Multifamily

Units

Unit Mix 1 x 3BR/2BA brick home, 5 x mobile home, 2 x tiny home
Multifamily Units 8

Building Details

Year Built 1970
Listing Agency: CENTURY 21 Cota Realty
Listed By: Misti Mosley · License #TX
Source: Crexi
Added: Jul 17 Changed: Sep 6 Last Checked: Aug 31 at 4:24PM

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 CENTURY 21 Cota Realty

Investment Insights

Based on property information with market context.

This multifamily property combines a primary brick residence with seven additional rental homes on an unrestricted tract. The main house is a three-bedroom, two-bath home built in 1970, set on a slab and offering over 2,000 square feet of living space. The rental component includes five mobile homes and two tiny homes, providing a varied residential configuration within one property.

The property encompasses 22 acres at 125 Leatherman Lane in Lufkin, Texas. Its unrestricted designation allows the existing residential uses to operate alongside the property's substantial open acreage. Existing rental income is in place, while the site also includes room for additional residential or recreational improvements, subject to applicable requirements.

Key Highlights

  • 22 unrestricted acres at 125 Leatherman Lane, Lufkin, TX 75904
  • Seven rental homes: five mobile homes and two tiny homes
  • Primary residence includes 3 bedrooms and 2 bathrooms

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Barber Shop Storage Facility Accounting Firm

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

870
Businesses Nearby

Demographics for 75904, TX

34,680
Population
14,829
Households
2.3
Avg Household Size
38
Median Age
19%
College-Educated
88%
High-School Grad
160.5 sq mi
ZIP Area
216
Density / Sq Mi
$59,325
Median Household Income
$36,711
Median Earnings
$1,086
Median Rent
$173,000
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 - Unrestricted acreage supports an established residential income property with multiple dwellings and additional space for expansion.
Where is this multifamily property located?
The property is located at 125 Leatherman Lane Lufkin, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 22 unrestricted acres at 125 Leatherman Lane, Lufkin, TX 75904; Seven rental homes: five mobile homes and two tiny homes; Primary residence includes 3 bedrooms and 2 bathrooms
(936) 676-4939 Call to check price and availability
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