Brick 25-Unit Apartment
For Sale
$2,600,000
316 W 7 Street, Mount Pleasant, TX 75455
MULTI_FAMILY - Mt Pleasant, TX
Lot Size1.14 Acres
Days on Market37
Property Features for 316 W 7 Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
27
Bathrooms
25
Full bathrooms
25
Rooms
Bathroom 20, Bathroom 23, Bathroom 5, Bedroom 18, Bedroom 26, Bedroom 9, Bedroom 19, Bathroom 15, Bathroom 14, Bedroom 6, Bedroom 1, Bedroom 14, Bedroom 24, Bedroom 25, Bathroom 1, Bedroom 15, Bedroom 27, Bedroom 16, Bedroom 13, Bathroom 10, Bathroom 25, Bedroom 3, Bathroom 8, Bathroom 17, Bathroom 18, Bathroom 9, Bedroom 5, Bedroom 23, Bathroom 19, Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 11, Bathroom 12, Bathroom 16, Bedroom 7, Bedroom 4, Bathroom 3, Bedroom 10, Bedroom 20, Bedroom 21, Bedroom 8, Bedroom 12, Bedroom 22, Bedroom 11, Bathroom 7, Bedroom 17, Bathroom 22, Bathroom 13, Bathroom 24, Bathroom 6, Bathroom 21
Parking
25
Parking features
Parking Lot
Interior features
EatInKitchen, GraniteCounters, KitchenIsland, OpenFloorplan, Pantry, VaultedCeilings, WalkInClosets
Fencing
Fenced
Appliances
Dishwasher, Disposal, Refrigerator
Subdivision
Mt Pleasant City Blocks
Lot features
Landscaped, Sprinkler System
Elementary school
Annie Sims
Middle school
Wallace,Corprew,Mount Pleasant
High school
Mount Pleasant
Elementary school district
Mount Pleasant ISD
Middle school district
Mount Pleasant ISD
High school district
Mount Pleasant ISD
Directions
Gps friendly
Standard status
Active
APN
10691
Lot size
1.14 Acres
Taxes and HOA fees
Tax Description
MT PLEASANT CITY BLOCKS BLK 55 LOT 2 - 5 1.13
Tax Annual Amount
16054
Legal Description
MT PLEASANT CITY BLOCKS BLK 55 LOT 2 - 5 1.13
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Electric, Central Air
Water source
Public
Amenities
on-site parking
community laundromat
landscaped grounds
community mailbox area
Building Details
Year built
1965
Floors in Building
1
Number of units
25
Flooring type
Tile
Building materials
Brick
Roof type
Composition
Listing Agency:
Texas Legacy Realty
(817) 312-6165
Listed By:
Dennys Gonzalez · License #0668915
(817) 312-9545
Added: Jun 26
Changed: Jul 31
Last Checked: Aug 1 at 1:06AM
MLS# 20925425
Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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.
Brick apartment building offering 25 apartments, fully leased, with a total unit mix of 23 one-bedroom, one-bath units and 2 two-bedroom, one-bath units. Apartment interiors include stainless steel appliances, granite countertops in kitchens and bathrooms, and tile flooring. Several kitchens feature granite islands, and units include amenities such as eat-in kitchens, pantry space, vaulted ceilings, and walk-in closets. Heating is electric with central cooling, and the property is served by public water and public sewer.
The property sits on a 1.136-acre site and includes on-site parking, landscaped grounds, a community laundromat for tenants, and a centralized community mailbox area. The roof is composition, and fencing is provided.
Built in 1965, this is an income-producing multifamily option designed for tenant convenience and day-to-day functionality.
The property sits on a 1.136-acre site and includes on-site parking, landscaped grounds, a community laundromat for tenants, and a centralized community mailbox area. The roof is composition, and fencing is provided.
Built in 1965, this is an income-producing multifamily option designed for tenant convenience and day-to-day functionality.
Key Highlights
- Fully leased property with 100% occupancy
- 25 apartments: 23 one‑bedroom, one‑bath and 2 two‑bedroom, one‑bath
- 1.136‑acre site with brick construction and composition roof
Property Analytics
Property Profile
Current Use
Lease Details
25
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
756
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased 25-unit multifamily building with on-site parking and a community laundromat near downtown Mount Pleasant.
Where is this apartment building located?
The property is located at 316 W 7 Street Mount Pleasant, TX.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Fully leased property with 100% occupancy; 25 apartments: 23 one‑bedroom, one‑bath and 2 two‑bedroom, one‑bath; 1.136‑acre site with brick construction and composition roof