25-Unit Apartment
For Sale
$2,600,000
316 W 7 Street, Mount Pleasant, TX 75455
ResidentialIncome, Mt Pleasant, TX
Property SizeContact for details
Lot Size1.14 Acres
Days on Market127
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 2, Bathroom 10, Bathroom 3, Bathroom 12, Bedroom 6, Bedroom 16, Bedroom 24, Bathroom 16, Bathroom 5, Bedroom 7, Bedroom 3, Bedroom 21, Bedroom 12, Bedroom 11, Bathroom 20, Bedroom 9, Bedroom 26, Bathroom 1, Bathroom 21, Bathroom 22, Bedroom 19, Bedroom 23, Bathroom 17, Bathroom 14, Bedroom 25, Bathroom 19, Bathroom 4, Bathroom 7, Bedroom 15, Bedroom 8, Bathroom 25, Bedroom 1, Bathroom 8, Bedroom 27, Bathroom 15, Bedroom 13, Bedroom 22, Bathroom 9, Bathroom 24, Bathroom 6, Bathroom 23, Bathroom 11, Bedroom 5, Bedroom 14, Bedroom 17, Bathroom 18, Bedroom 10, Bedroom 4, Bedroom 18, Bedroom 20, Bedroom 2, Bathroom 13
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
Central Air, Electric, Ceiling Fan(s)
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
Buildings
1
Listing Agency:
Texas Legacy Realty
(817) 312-6165
Listed By:
Dennys Gonzalez · License #0668915
(817) 312-9545
Added: Jun 26
Changed: Oct 29
Last Checked: Oct 30 at 5:06PM
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.
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Investment Insights
Based on property information with market context.
This 25-unit apartment property includes 23 one-bedroom, one-bath residences and 2 two-bedroom, one-bath residences. Unit sizes range from approximately 850 to 1,000 square feet, with features including stainless steel appliances, granite countertops, tile flooring, and select kitchen islands. Central heating and cooling serve the units, while brick construction and a composition roof are among the property improvements.
The 1.136-acre property is located at 316 W 7 Street in downtown Mt Pleasant, Texas, with highway access minutes away. On-site amenities include a parking lot, community laundromat, centralized mailboxes, fenced grounds, and landscaped areas. Public water and sewer serve the property, which was built in 1965 and is currently 100% leased.
The 1.136-acre property is located at 316 W 7 Street in downtown Mt Pleasant, Texas, with highway access minutes away. On-site amenities include a parking lot, community laundromat, centralized mailboxes, fenced grounds, and landscaped areas. Public water and sewer serve the property, which was built in 1965 and is currently 100% leased.
Key Highlights
- 25 units: 23 one‑bedroom/one‑bath and 2 two‑bedroom/one‑bath residences
- Approximately 850 to 1,000 square feet per unit
- 100% leased
Property Analytics
Who owns this building?
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Lease Details
25
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased multifamily asset with on-site parking, community laundry, landscaped grounds, and updated in-unit finishes.
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: 25 units: 23 one‑bedroom/one‑bath and 2 two‑bedroom/one‑bath residences; Approximately 850 to 1,000 square feet per unit; 100% leased
