25-Unit Apartment
For Sale
$2,600,000
316 W 7th Street, Mount Pleasant, TX 75455
COMMERCIAL - Mt Pleasant, TX
Lot Size1.14 Acres
Days on Market37
Property Features for 316 W 7th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Residential
Subdivision
Mt Pleasant City Blocks
Lot features
Cleared
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
Central, Electric (Heating)
Cooling system
Electric, Central Air, 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
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# 20921279
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.
This fully leased apartment building contains 25 well-maintained units: 23 one-bedroom, one-bath apartments and 2 two-bedroom, one-bath apartments. Unit interiors include modern finishes such as stainless steel appliances, granite countertops in kitchens and bathrooms, and tile flooring throughout, with some kitchens featuring granite islands. Apartment sizes range from approximately 850 to 1,000 square feet.
The property sits on 1.136 acres and includes convenient on-site parking, a community laundromat for tenants, landscaped grounds, and a centralized community mailbox area. The building is constructed of brick and features a composition roof, with central electric heating and cooling supported by ceiling fans. Water and sewer service are public.
Built in 1965, this income-producing multifamily asset is described as walkable to downtown while also being just minutes from the highway, supporting easy everyday access for residents.
The property sits on 1.136 acres and includes convenient on-site parking, a community laundromat for tenants, landscaped grounds, and a centralized community mailbox area. The building is constructed of brick and features a composition roof, with central electric heating and cooling supported by ceiling fans. Water and sewer service are public.
Built in 1965, this income-producing multifamily asset is described as walkable to downtown while also being just minutes from the highway, supporting easy everyday access for residents.
Key Highlights
- Fully leased 25‑unit apartment building: 23 one‑bedroom and 2 two‑bedroom units
- Approximate unit size range of 850 to 1,000 SF
- Brick building with composition roof, built in 1965
Property Analytics
Property Profile
Current Use
Lease Details
25
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
854
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 multifamily property with one- and two-bedroom apartments, community laundromat, and on-site parking.
Where is this apartment building located?
The property is located at 316 W 7th 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 25‑unit apartment building: 23 one‑bedroom and 2 two‑bedroom units; Approximate unit size range of 850 to 1,000 SF; Brick building with composition roof, built in 1965
