Eight-Unit Townhome Apartment
New
For Sale
$1,999,990
196 W 17th Street, Mount Pleasant, TX 75455
Fully leased 2024 construction with attached garages, private fenced yards, and a mix of long-term and short-term occupancy.
Property Size12,000 SF
Days on Market4
Property Features for 196 W 17th Street
General Information
Standard status
Active
Size
12,000 SF
Total Parking Spaces
16
Property subtype
Residential Income
Building Details
Building Size
12,000 SF
Year Built
2024
Buildings
1
Stories
2
Units
8
Listing Agency:
Luxe Estates Realty, LLC
(469) 831-6893
Listed By:
Richard Guilliams · License #9001668
(469) 831-6893
Source:
Vickiesteam
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 10 at 12:05PM
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 Luxe Estates Realty, LLC
Investment Insights
Based on property information with market context.
This eight-unit apartment building portfolio consists of attached townhome residences completed in 2024 and sold together as one offering. Each unit provides approximately 1,500 square feet with three bedrooms, 2.5 bathrooms, an attached one-car garage, one additional parking space, and a fenced backyard. The newer construction and individual addresses provide a consistent physical profile across the portfolio.
All eight units are income-producing, with seven occupied by long-term tenants and one operated as an Airbnb. The property reports an 8.42% cap rate and 100% leased status. Located at 196 W 17th Street in Mount Pleasant, the portfolio is near CHRISTUS Health–Mount Pleasant Hospital, the CHRISTUS Health Mount Pleasant Emergency Care Center and multispecialty clinic, shopping, restaurants, schools, and major employers. The offering includes all eight units as a complete investment portfolio.
All eight units are income-producing, with seven occupied by long-term tenants and one operated as an Airbnb. The property reports an 8.42% cap rate and 100% leased status. Located at 196 W 17th Street in Mount Pleasant, the portfolio is near CHRISTUS Health–Mount Pleasant Hospital, the CHRISTUS Health Mount Pleasant Emergency Care Center and multispecialty clinic, shopping, restaurants, schools, and major employers. The offering includes all eight units as a complete investment portfolio.
Key Highlights
- Eight attached townhome units offered together as one portfolio
- Built in 2024 with approximately 1,500 square feet per unit
- Each unit includes 3 bedrooms, 2.5 bathrooms, and an attached one‑car garage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
639
Businesses Nearby
Explore this area
Business Placement
Demographics for 75455, TX
27,305
Population
10,272
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
79%
High-School Grad
306.5 sq mi
ZIP Area
89
Density / Sq Mi
$57,585
Median Household Income
$34,318
Median Earnings
$821
Median Rent
$168,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased 2024 construction with attached garages, private fenced yards, and a mix of long-term and short-term occupancy.
Where is this apartment building located?
The property is located at 196 W 17th Street Mount Pleasant, TX.
What is the asking price?
The asking price for this property is $1,999,990.
What are key features of this property?
This property features: Eight attached townhome units offered together as one portfolio; Built in 2024 with approximately 1,500 square feet per unit; Each unit includes 3 bedrooms, 2.5 bathrooms, and an attached one‑car garage
