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Two-Home Multifamily Property
For Sale
$252,000

16805 FM 1797, Tatum, TX 75691

MULTI-FAMILY, Tatum, TX

Property SizeContact for details
Days on Market187

Property Features for 16805 FM 1797

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Rooms Laundry Room
Patio and Porch features Deck
Exterior features Wood Deck
Directions From Longview, take Estes Pkwy (Hwy 149) towards Tatum, right on 782, left on FM 1716, left on 1797...drive approx 1 mile, house on the left
Subdivision TATUM ISD
Standard status Active

Additional Details

Tenant in Place Yes

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air, Electric

Building Details

Year built 2025
Number of units 2
Buildings 2
Listing Agency: Real Estate Marketing
Listed By: Regina Echols · License #0685835
Added: Apr 30 Changed: Oct 27 Last Checked: Nov 2 at 8:06PM
MLS# 20263081

Copyright © 2026 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This multifamily property includes two manufactured homes on over an acre along FM 1797 in Tatum, Texas. The newer residence is a 2025 double-wide with 4 bedrooms and 2 baths, while the second is a 1996 single-wide with 3 bedrooms and 2 baths. Both homes are currently leased and include functional floorplans suited to residential occupancy.

The property is located within Tatum ISD and provides residential improvements with central air, electric heating and cooling, and deck features. A laundry room is also included in the property information. The two-home configuration combines separate living spaces with established tenancy on a single tract.

Key Highlights

  • Two manufactured homes currently leased
  • 2025 double‑wide with 4 bedrooms and 2 baths
  • 1996 single‑wide with 3 bedrooms and 2 baths

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 75691, TX

4,025
Population
2,029
Households
2
Avg Household Size
40
Median Age
17%
College-Educated
91%
High-School Grad
95.1 sq mi
ZIP Area
42
Density / Sq Mi
$87,361
Median Household Income
$45,018
Median Earnings
$958
Median Rent
$195,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two leased manufactured homes offer separate residential layouts with central air and electric heating and cooling.
Where is this multifamily property located?
The property is located at 16805 FM 1797 Tatum, TX.
What is the asking price?
The asking price for this property is $252,000.
What are key features of this property?
This property features: Two manufactured homes currently leased; 2025 double‑wide with 4 bedrooms and 2 baths; 1996 single‑wide with 3 bedrooms and 2 baths
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