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Garrison Multifamily Property with Courtyard
For Sale
Contact for pricing
Pending

15890 N US Hwy 59, Garrison, TX 75946

17-unit multifamily property in Garrison, Texas, renovated in 2025.

Property Size13,016 SF
Lot Size5.40 Acres
Days on Market175

Property Features for 15890 N US Hwy 59

General Information

Standard status Pending
Size 13,016 SF
Total Parking Spaces 35
Lot size 5.40 Acres
Property subtype Multifamily
Occupancy 100%
Investment Type Stabilized

Building Details

Year Built 1983
Year Renovated 2024
Buildings 2
Stories 2
Units 17
Listing Agency: Marcus & Millichap - Austin
Listed By: Fin Erwin · License #TX 671203
Source: Crexi
Added: Feb 18 Changed: Aug 8 Last Checked: Aug 8 at 6:40AM

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.

Appleby Courtyard, constructed in 1983 and renovated in 2025, is a 17-unit multifamily property situated on 5.40 acres in Garrison, Texas. Located on US Highway 59 North in East Texas, the property is less than 10 miles from Stephen F. Austin University and near Nacogdoches Memorial Hospital, Nacogdoches Public Schools, and major national retailers. The community features a spacious courtyard, a picnic area with a barbecue grill, and an on-site laundry facility. Ample parking is available, and the property includes excess land for development. The units consist of one and two-bedroom layouts with open floor plans, ceramic tile 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 property offers opportunities to generate stable cash flow and increase investment returns. The property has a total size of 13,016 square feet.

Key Highlights

  • Renovated in 2025 with modern finishes and energy‑efficient appliances.
  • Located on 5.40 acres in the heart of East Texas on US Highway 59 North.
  • Less than 10 miles from Stephen F. Austin University (SFA), now part of the University of Texas System.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant

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

7
Businesses Nearby

Demographics for 75946, TX

3,452
Population
1,748
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
88%
High-School Grad
136.9 sq mi
ZIP Area
25
Density / Sq Mi
$54,920
Median Household Income
$38,911
Median Earnings
$915
Median Rent
$146,700
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 - 17-unit multifamily property in Garrison, Texas, renovated in 2025.
Where is this apartment building located?
The property is located at 15890 N US Hwy 59 Garrison, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Renovated in 2025 with modern finishes and energy‑efficient appliances.; Located on 5.40 acres in the heart of East Texas on US Highway 59 North.; Less than 10 miles from Stephen F. Austin University (SFA), now part of the University of Texas System.
More about this property
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