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Quadplex with Four Tenant-Occupied Homes
For Sale
$349,900

261 Shenandoah, Hallsville, TX 75605

MULTI-FAMILY, Hallsville, TX

Property SizeContact for details
Lot Size2.00 Acres
Days on Market59

Property Features for 261 Shenandoah

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Laundry Room, Family Room
Interior features Vinyl Flooring
Exterior features Fence Partial, Storage Building
Fencing Partial
Appliances Electric Range/Oven
Lot features Landscaped
Directions Off Loop 281 heading towards Hallsville turn Left (north) on Alpine. Veer right on FM 2208 for 3.75 miles then turn Right on Shenandoah. Property on Left before sharp curve.
Subdivision HALLSVILLE ISD 223
Standard status Active
Lot size 2.00 Acres

Taxes and HOA fees

Tax Annual Amount 680

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2012
Floors in Building 1
Number of units 4
Additional Structures Storage
Listing Agency: Texas Real Estate Executives
Listed By: Kimberly Buettner · License #0516679
Added: Jun 26 Changed: Aug 19 Last Checked: Aug 23 at 2:06AM
MLS# 20264566

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.

Investment Insights

Based on property information with market context.

This quadplex offers four tenant-occupied manufactured homes in a single income property. Three homes were built in 2012 and the fourth was built in 1979. The property includes vinyl flooring, central heating, and central air, plus an electric range/oven in the homes. On the exterior, there is a partial fence and a storage building.

Recent improvements include new roofs on Units 1, 2, and 3 in 2025. Unit 1 received all-new flooring in 2026 and includes a recently installed ADA-accessible ramp. Unit 4 has a recently replaced HVAC system and is occupied by a long-term tenant. All four homes are currently leased, including two long-term tenants.

The property is serviced by an aerobic septic system, and a current maintenance contract is in place. The combined setup supports day-one rental occupancy with room to expand by adding additional homes.

Key Highlights

  • About two acres in Hallsville ISD with four tenant‑occupied manufactured homes
  • Three homes built in 2012 and one home built in 1979
  • New roofs on Units 1, 2, and 3 completed in 2025

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Plumbing Service Dental Office Bakery Garden Center Furniture & Home Goods

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 75605, TX

32,909
Population
16,425
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
94%
High-School Grad
80.3 sq mi
ZIP Area
410
Density / Sq Mi
$75,665
Median Household Income
$48,040
Median Earnings
$1,186
Median Rent
$238,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Quadplex in Hallsville ISD on about two acres with four leased manufactured homes and central HVAC.
Where is this quadplex located?
The property is located at 261 Shenandoah Hallsville, TX.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: About two acres in Hallsville ISD with four tenant‑occupied manufactured homes; Three homes built in 2012 and one home built in 1979; New roofs on Units 1, 2, and 3 completed in 2025
More about this property
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