Search
316 W 7th Street, Mount Pleasant, TX, 75455
Multifamily Apartment Building

316 W 7th Street Mount Pleasant, TX 75455

For Sale
$2,600,000

COMMERCIAL - Mt Pleasant, TX

Lot Size1.14 Acres
Days on Market29

Property Features for 316 W 7th Street

General Information

Property type
Commercial Sale
Property subtype
Other
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

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Ceiling Fan(s), Electric
Water source
Public

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
Listed By: Dennys Gonzalez · License #0668915
Added: Jun 26 Changed: Jul 17 Last Checked: Jul 24 at 11:06AM
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 for-sale multifamily apartment building includes 25 well-maintained units: 23 one-bedroom, one-bath homes and 2 two-bedroom, one-bath homes. Each unit is approximately 850 to 1,000 square feet and is described as offering modern interior finishes, including stainless steel appliances, granite countertops in kitchens and bathrooms, and sleek tile flooring throughout. Some kitchens include granite islands, providing additional prep and dining space. The property also features landscaped grounds, a community laundromat for tenants, and a centralized community mailbox area, with convenient on-site parking.

The building is located at 316 W 7th Street in downtown Mount Pleasant, Texas. The offering is described as being just minutes from the highway, balancing easy access with a walkable downtown setting.

The property is presented as fully leased and income-producing, with 100% occupancy noted in the remarks. For prospective owners and operators, the unit mix of one-bedroom and two-bedroom apartments, along with shared amenities like on-site parking and tenant laundry access, supports straightforward residential leasing and tenant convenience within a single 25-unit community.

Key Highlights

  • Fully leased multifamily building with 25 units: 23 one‑bedroom/1‑bath and 2 two‑bedroom/1‑bath
  • Unit sizes range from approximately 850 to 1,000 SF
  • Central electric HVAC with ceiling fans; electric heating

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Big Box & Wholesale Store Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods HVAC Service Grocery & Convenience Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fully leased apartment building with 25 units, on-site parking, and a community laundromat.
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 multifamily building with 25 units: 23 one‑bedroom/1‑bath and 2 two‑bedroom/1‑bath; Unit sizes range from approximately 850 to 1,000 SF; Central electric HVAC with ceiling fans; electric heating
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message