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Six-Unit Rental Property
For Sale
$575,000

2764 West Highway 199, Springtown, TX 76082

Six rented residential income units on one acre, including three one-bedroom homes, a duplex, and a remodeled three-bedroom home.

Property Size3,728 SF
Lot Size1.00 Acre
Price / SF$154.24
Days on Market351

Property Features for 2764 West Highway 199

General Information

Standard status Active
Size 3,728 SF
Lot size 1.00 Acre
Property subtype Multi-Family / Multiple Single Units

Additional Details

Business Included Yes
Multifamily Units 6

Building Details

Year Built 1972
Listing Agency: Weichert REALTORS, Team Realty
Listed By: Beth Correll · License #0342935
Source: Compass
Added: Aug 19, 2025 Changed: Jul 20 Last Checked: Aug 3 at 12:04PM

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 Weichert REALTORS, Team Realty

Investment Insights

Based on property information with market context.

This residential income property sits on approximately one acre and includes six total rental units. The unit mix consists of three one-bedroom, one-bath homes, a duplex with each side offering one bedroom and one bath, and one spacious newly remodeled three-bedroom, one-bath home.

All units are currently rented. The property is located right off Highway 199 in Springtown, Texas.

With multiple independent homes and a duplex configuration, the layout provides a diversified rental mix across the six units on-site.

Key Highlights

  • 1‑acre property with 6 total rented residential income units on one lot
  • Unit mix: three 1‑bedroom, 1‑bath homes plus a duplex (1 bed/1 bath per side) and one remodeled 3‑bedroom, 1‑bath home
  • Construction is 1‑story with pillar/post/pier and slab foundation details

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service Real Estate Agency Garden Center Building Supply

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

6
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

Demographics for 76082, TX

21,514
Population
8,576
Households
2.5
Avg Household Size
40
Median Age
16%
College-Educated
87%
High-School Grad
102.8 sq mi
ZIP Area
209
Density / Sq Mi
$93,553
Median Household Income
$49,323
Median Earnings
$1,275
Median Rent
$277,900
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?
Multifamily property - Six rented residential income units on one acre, including three one-bedroom homes, a duplex, and a remodeled three-bedroom home.
Where is this multifamily property located?
The property is located at 2764 West Highway 199 Springtown, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1‑acre property with 6 total rented residential income units on one lot; Unit mix: three 1‑bedroom, 1‑bath homes plus a duplex (1 bed/1 bath per side) and one remodeled 3‑bedroom, 1‑bath home; Construction is 1‑story with pillar/post/pier and slab foundation details
More about this property
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