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Historic Apartment Building
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515 N Colorado St, Burton, TX 77835

Historic building features one- and two-bedroom units plus two cottages on site, with tenant washer/dryer facilities.

Property SizeContact for details
Lot Size1.30 Acres
Days on Market129

Property Features for 515 N Colorado St

General Information

Standard status Active
Lot size 1.30 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 8

Amenities

on-site washer/dryer facilities

Building Details

Year Built 1914
Tenancy Multi
Listing Agency: Market Realty Inc Burton
Listed By: Susan Kiel · License #TX 558624
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 23 at 4:38PM

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 Market Realty Inc Burton

Investment Insights

Based on property information with market context.

This historic multifamily property includes a primary apartment building built in 1914, which was originally Burton’s public school and later became housing for senior citizens before transitioning to the town’s only apartment property. The building is currently configured with one-bedroom and two-bedroom units, totaling 6 units. In addition, there are two cottages on the property.

On-site washer/dryer facilities are provided for tenant use. The listing includes cottage addresses of 1200 and 12306 E. Texas St, Burton, TX, and the primary address is 515 N Colorado St, Burton, TX.

Key Highlights

  • Historic building originally built in 1914 as Burton’s public school; later used for senior citizens, now converted to rental apartments
  • Apartment building with 1 one‑bedroom and 2 two‑bedroom units (6 units total) plus 2 additional cottages on the property
  • One- and two‑bedroom units in the building, with on‑site washer/dryer facilities for tenants

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Butcher Big Box & Wholesale Store Cafe & Coffee Shop Hair Salon Nail Salon

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby

Demographics for 77835, TX

2,463
Population
1,675
Households
1.5
Avg Household Size
50
Median Age
29%
College-Educated
95%
High-School Grad
110.5 sq mi
ZIP Area
22
Density / Sq Mi
$118,814
Median Household Income
$45,719
Median Earnings
$290,300
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 - Historic building features one- and two-bedroom units plus two cottages on site, with tenant washer/dryer facilities.
Where is this apartment building located?
The property is located at 515 N Colorado St Burton, TX.
What are key features of this property?
This property features: Historic building originally built in 1914 as Burton’s public school; later used for senior citizens, now converted to rental apartments; Apartment building with 1 one‑bedroom and 2 two‑bedroom units (6 units total) plus 2 additional cottages on the property; One- and two‑bedroom units in the building, with on‑site washer/dryer facilities for tenants
(979) 289-2159 Call to check price and availability
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