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15890 US-59 Garrison, TX 75946

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For Sale
$1,250,000

Renovated 17-unit multifamily property on 5.4 acres in Garrison, TX.

Type:Multifamily
Lot size:
5.40 Acres
Added:
Apr 3, 2026
Days on Market:
22
Last Refresh:
Apr 3 at 4:58 am

Property Features for 15890 US-59

General Information

Standard status
Active
Lot size
5.40 Acres
Property subtype
Multifamily

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Listing Contact
Fin Erwin

Listing agent Fin Erwin License #TX: 671203

Listing office Austin Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 Austin Office


Overview

Garrison Multifamily Property with Courtyard

Appleby Courtyard, located in Garrison, Texas, presents an opportunity to acquire a 17-unit multifamily property. Constructed in 1983 and renovated in 2025, the property is situated on 5.40 acres along US Highway 59 North, in the East Texas region. Its location is less than 10 miles from Stephen F. Austin University and near Nacogdoches Memorial Hospital, Nacogdoches Public Schools, and various national retailers. The community includes a courtyard, a picnic area equipped with a BBQ grill, and an on-site laundry facility. Ample parking is available, and the property includes excess land suitable for further development. The units consist of one and two-bedroom layouts featuring 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 potential for stable cash flow and increased investment returns. The property is offered free and clear of existing debt, allowing new ownership to secure attractive financing.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Garrison
County
Nacogdoches
State
Texas
Longitude
-94.596275
Latitude
31.740655

FAQs

What type of property is this?
Apartment building - Renovated 17-unit multifamily property on 5.4 acres in Garrison, TX.
Where is this apartment building located?
The property is located at 15890 US-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, offering modern finishes and energy‑efficient appliances.; Located in the heart of East Texas on US Highway 59 North, less than 10 miles from Stephen F. Austin University.; 17‑unit community with a spacious courtyard, picnic area with BBQ grill, and on‑site laundry facility.
More about this property
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