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North Star Apartments: Multifamily Investment
For Sale
Contact for pricing
Pending

133 Old Line Dr, Nacogdoches, TX 75965

79-unit apartment community near Stephen F. Austin University.

Property Size73,825 SF
Lot Size3.48 Acres
Days on Market173

Property Features for 133 Old Line Dr

General Information

Standard status Pending
Size 73,825 SF
Class B
Total Parking Spaces 105
Lot size 3.48 Acres
Property subtype Multifamily
Occupancy 92%
Investment Type Stabilized

Building Details

Year Built 1975
Year Renovated 2024
Buildings 13
Stories 2
Units 79
Listing Agency: Marcus & Millichap - Austin
Listed By: Fin Erwin · License #TX 671203
Source: Crexi
Added: Feb 19 Changed: Aug 8 Last Checked: Aug 8 at 6:29AM

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 - Austin

Investment Insights

Based on property information with market context.

North Star Apartments, located in Nacogdoches, Texas, presents an investment opportunity. Constructed in 1975 and renovated in 2025, this 79-unit community is situated on 3.48 acres off North Street/Highway 59 Business. The property is located two miles from Stephen F. Austin University, and is close to Nacogdoches Memorial Hospital, Nacogdoches Public Schools, and Major National Retailers. The community features spacious courtyards, a picnic area with a BBQ grill, walking trails, ample parking, and on-site laundry facilities. The property offers studio, one, and two-bedroom units featuring open floor plans, vinyl plank flooring, energy-efficient appliances, and modern finishes. With Stephen F. Austin University's student population of nearly 12,000 and its inclusion in the University of Texas System, the properties present opportunities to generate stable cash flow while increasing investment returns. The property totals 73825 square feet.

Key Highlights

  • Renovated in 2025 with modern finishes, energy‑efficient appliances, and vinyl plank flooring.
  • Located 2 miles from Stephen F. Austin University, offering potential for student housing demand.
  • Free and clear of existing debt, allowing for attractive new financing options.

Property Analytics

Current Use

North Star Apartment ... Apartment Complex

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Plumbing Service

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

553
Businesses Nearby

Demographics for 75965, TX

17,652
Population
8,786
Households
2
Avg Household Size
34
Median Age
44%
College-Educated
94%
High-School Grad
77.1 sq mi
ZIP Area
229
Density / Sq Mi
$52,640
Median Household Income
$26,400
Median Earnings
$899
Median Rent
$224,700
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 - 79-unit apartment community near Stephen F. Austin University.
Where is this apartment building located?
The property is located at 133 Old Line Dr Nacogdoches, TX.
What are key features of this property?
This property features: Renovated in 2025 with modern finishes, energy‑efficient appliances, and vinyl plank flooring.; Located 2 miles from Stephen F. Austin University, offering potential for student housing demand.; Free and clear of existing debt, allowing for attractive new financing options.
More about this property
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