Multifamily Apartment Community with New
For Sale
Contact for pricing
Pending
2900 FM 225, Henderson, TX 75654
Duplex apartment community with varied floorplans, onsite management facilities, and landscaped grounds in a country setting.
Property SizeContact for details
Days on Market629
Property Features for 2900 FM 225
General Information
Standard status
Pending
Class
B
Property subtype
Multifamily
Zoning
Multi Family
Occupancy
100%
Investment Type
Stabilized
Building Details
Year Built
1982
Year Renovated
2015
Buildings
42
Stories
1
Units
80
Listing Agency:
Texas Real Estate Executives
(903) 680-4663
Listed By:
Kelly Hale · License #759695
Source:
Crexi
Added: Dec 11, 2024
Changed: Aug 30
Last Checked: Aug 31 at 11:27PM
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 Texas Real Estate Executives
Investment Insights
Based on property information with market context.
This multifamily apartment community, built in 1982, comprises 80 livable units across 42 buildings, with one-, two-, and three-bedroom floorplans. On-site improvements include a leasing office, laundry facility, maintenance shop, and multiple storage areas. The property is zoned Multi Family and has been professionally managed for the past 10 years.
The community occupies 10-1/2 landscaped acres near Henderson, with shopping and dining described as minutes away. Every building received a new roof in June 2023 using 20-year shingles, and the transferable warranty passes to the new owner. Preventive maintenance and tenant work-order repairs have also been performed during the management period.
An adjacent 1.5-acre lot at 2902 FM 225 S is available with the property, bringing the combined land area to 12 acres. Utilities are in place on the vacant lot, which is also zoned Multi Family. A current survey is on file for each address.
The community occupies 10-1/2 landscaped acres near Henderson, with shopping and dining described as minutes away. Every building received a new roof in June 2023 using 20-year shingles, and the transferable warranty passes to the new owner. Preventive maintenance and tenant work-order repairs have also been performed during the management period.
An adjacent 1.5-acre lot at 2902 FM 225 S is available with the property, bringing the combined land area to 12 acres. Utilities are in place on the vacant lot, which is also zoned Multi Family. A current survey is on file for each address.
Key Highlights
- 80 livable units across 42 buildings
- One-, two-, and three‑bedroom floorplans
- New roofs installed on every building in June 2023 with 20‑year shingles and transferable warranty
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
Demographics for 75654, TX
12,045
Population
5,285
Households
2.3
Avg Household Size
40
Median Age
26%
College-Educated
85%
High-School Grad
197.9 sq mi
ZIP Area
61
Density / Sq Mi
$69,986
Median Household Income
$40,345
Median Earnings
$1,033
Median Rent
$176,400
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 - Duplex apartment community with varied floorplans, onsite management facilities, and landscaped grounds in a country setting.
Where is this apartment building located?
The property is located at 2900 FM 225 Henderson, TX.
What is the asking price?
The asking price for this property is $5,350,000.
What are key features of this property?
This property features: 80 livable units across 42 buildings; One-, two-, and three‑bedroom floorplans; New roofs installed on every building in June 2023 with 20‑year shingles and transferable warranty
