Multifamily Residential Income
For Sale
Contact for pricing
1000 Mary Dr, Iowa Park, TX 76367
Residential income property featuring a unit mix with 60% two- or three-bedroom homes.
Property SizeContact for details
Days on Market119
Property Features for 1000 Mary Dr
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 23 at 1:54PM
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 multifamily residential income property is positioned around a desirable unit mix, with 60% of units being two-bedroom or three-bedroom layouts. The current owner has invested $978,500 in recent capital expenditures and the property is being offered as a turnkey asset with an existing unit upgrade program that can be continued by a new owner.
The property is located at 1000 Mary Dr in Iowa Park, Texas. The deal story also outlines opportunities for additional operational and amenity improvements, including adding covered parking for a monthly fee, introducing a water RUBS program, and transitioning from an all-bills-paid structure to resident-paid utilities.
The property is located at 1000 Mary Dr in Iowa Park, Texas. The deal story also outlines opportunities for additional operational and amenity improvements, including adding covered parking for a monthly fee, introducing a water RUBS program, and transitioning from an all-bills-paid structure to resident-paid utilities.
Key Highlights
- Unit mix includes 60% two‑bedroom or three‑bedroom homes
- Current owner spent $978,500 in recent capital expenditures
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
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Business Placement
Demographics for 76367, TX
13,457
Population
4,370
Households
3.1
Avg Household Size
41
Median Age
18%
College-Educated
76%
High-School Grad
185.5 sq mi
ZIP Area
73
Density / Sq Mi
$78,056
Median Household Income
$46,173
Median Earnings
$965
Median Rent
$136,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Residential income property featuring a unit mix with 60% two- or three-bedroom homes.
Where is this multifamily property located?
The property is located at 1000 Mary Dr Iowa Park, TX.
What are key features of this property?
This property features: Unit mix includes 60% two‑bedroom or three‑bedroom homes; Current owner spent $978,500 in recent capital expenditures
