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25-Unit Apartment Building
For Sale
$2,600,000

316 W 7th Street 100-124, Mount Pleasant, TX 75455

Fully leased multifamily property with updated finishes, on-site parking, laundry facilities, and landscaped grounds.

Property Size20,028 SF
Price / SF$129.82
Days on Market17

Property Features for 316 W 7th Street 100-124

General Information

Standard status Active
Size 20,028 SF

Building Details

Year Built 1965
Listing Agency: Texas Legacy Realty
Listed By: Dennys Gonzalez · License #0668915
Source: Minteerteam
Added: Aug 15 Changed: Aug 29 Last Checked: Aug 30 at 7:14PM

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 Legacy Realty

Investment Insights

Based on property information with market context.

Located at 316 W 7th Street in Mount Pleasant, this 20,028-square-foot multifamily property contains 25 apartments. The unit mix includes 23 one-bedroom, one-bath residences and two two-bedroom, one-bath residences, with individual units ranging from approximately 850 to 1,000 square feet. Interiors feature stainless steel appliances, granite countertops in the kitchens and bathrooms, and tile flooring; select kitchens also include granite islands.

Property amenities include on-site parking, a community laundromat, landscaped grounds, and a centralized mailbox area. The building is 100% leased and sits in a downtown location with highway access within minutes. Constructed in 1965, the property combines a defined apartment configuration with shared tenant amenities and established occupancy.

Key Highlights

  • 25 apartments: 23 one‑bedroom units and 2 two‑bedroom units
  • Individual units range from approximately 850 to 1,000 square feet
  • 20,028‑square‑foot multifamily property built in 1965

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

756
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased multifamily property with updated finishes, on-site parking, laundry facilities, and landscaped grounds.
Where is this apartment building located?
The property is located at 316 W 7th Street 100-124 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 apartments: 23 one‑bedroom units and 2 two‑bedroom units; Individual units range from approximately 850 to 1,000 square feet; 20,028‑square‑foot multifamily property built in 1965
More about this property
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