25-Unit Apartment
For Sale
$2,600,000
316 W 7th Street, Mount Pleasant, TX 75455
CommercialSale, Mt Pleasant, TX
Property SizeContact for details
Lot Size1.14 Acres
Days on Market74
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
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
Listing Agency:
Texas Legacy Realty
(817) 312-6165
Listed By:
Dennys Gonzalez · License #0668915
(817) 312-9545
Added: Jun 26
Changed: Sep 7
Last Checked: Sep 7 at 6:06PM
MLS# 20921279
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Investment Insights
Based on property information with market context.
This 25-unit apartment property was built in 1965 on 1.136 acres and is constructed with brick, composition roofing, and tile flooring. The unit mix includes 23 one-bedroom, one-bath apartments and 2 two-bedroom, one-bath apartments, with individual units ranging from approximately 850 to 1,000 square feet. Interior features include stainless steel appliances, granite countertops in kitchens and bathrooms, and select granite kitchen islands. Central heating and cooling serve the units, with electric systems and ceiling fans also present.
The property offers on-site parking, a community laundromat, landscaped grounds, and a centralized mailbox area. Public water and public sewer serve the site. Positioned in downtown Mount Pleasant, the building is located minutes from the highway and provides a walkable downtown setting. The property is 100% leased.
The property offers on-site parking, a community laundromat, landscaped grounds, and a centralized mailbox area. Public water and public sewer serve the site. Positioned in downtown Mount Pleasant, the building is located minutes from the highway and provides a walkable downtown setting. The property is 100% leased.
Key Highlights
- 25 apartment units: 23 one‑bedroom, one‑bath units and 2 two‑bedroom, one‑bath units
- Individual units range from approximately 850 to 1,000 square feet
- 100% leased multifamily property
Property Analytics
Property Profile
Current Use
Lease Details
25
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
822
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 asset with on-site parking, resident laundry, landscaped grounds, and centralized mail service.
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: 25 apartment units: 23 one‑bedroom, one‑bath units and 2 two‑bedroom, one‑bath units; Individual units range from approximately 850 to 1,000 square feet; 100% leased multifamily property
