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18-Unit Apartment Building
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255 East 5th Avenue, Belton, TX 76513

Recently constructed multifamily property near a 3,900-student university in Central Texas.

Property SizeContact for details
Days on Market7

Property Features for 255 East 5th Avenue

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 18

Building Details

Year Built 2018
Listing Agency: Matthews
Listed By: Richard Waterhouse · License #TX 756367
Source: Crexi
Added: Aug 31 Changed: Sep 4 Last Checked: Sep 4 at 3:09PM

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 Matthews

Investment Insights

Based on property information with market context.

This apartment building contains 18 units and was completed in 2018, providing a recently built multifamily asset in Belton, Texas.

The property is located at 255 East 5th Avenue, near a university serving 3,900 students. Its apartment-building classification and unit count establish a clear residential income property profile.

Key Highlights

  • 18‑unit multifamily property
  • Built in 2018
  • Near a 3,900‑student university

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility Plumbing Service Electrical Service Computer & Electronic Repair Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

775
Businesses Nearby

Demographics for 76513, TX

43,698
Population
16,004
Households
2.7
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
108.3 sq mi
ZIP Area
403
Density / Sq Mi
$82,366
Median Household Income
$38,428
Median Earnings
$1,216
Median Rent
$260,200
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 - Recently constructed multifamily property near a 3,900-student university in Central Texas.
Where is this apartment building located?
The property is located at 255 East 5th Avenue Belton, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 18‑unit multifamily property; Built in 2018; Near a 3,900‑student university
More about this property
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