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5-Unit Apartment Building
For Sale
$250,000

319 S Nueces Street, Mathis, TX 78368

Residential, Mathis, TX

Property Size3,563 SF
Lot Size0.24 Acres
Price / SF$70.17
Days on Market202

Property Features for 319 S Nueces Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features On Street, Off Street
Appliances FreeStandingRange
Subdivision Mathis
Lot features Corner Lot
Elementary school Mathis
Middle school Mathis
High school Mathis
Elementary school district Mathis ISD
Middle school district Mathis ISD
High school district Mathis ISD
Standard status Active
APN 41339
Size 3,563 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Description MATHIS TOWNSITE BLK 54 LOT 1A
Tax Annual Amount 10899
Legal Description MATHIS TOWNSITE BLK 54 LOT 1A

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1958
Floors in Building 1
Flooring type Vinyl
Roof type Shingle
Listing Agency: Create Realty Group
Listed By: Naomi Bingenheimer · License #0660547
Added: Mar 12 Changed: Sep 21 Last Checked: Sep 29 at 8:06AM
MLS# 472928

Copyright © 2026 South Texas Multiple Listing Service, LLC. 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 5-unit apartment property contains 3,563 square feet on a 0.241-acre lot. The building dates to 1958 and includes vinyl flooring, free-standing ranges, and window-unit cooling. Parking is available both off street and along the street, supporting the existing residential configuration.

Located at 319 S Nueces Street in Mathis, the property is served by public water and public sewer. Shingle roofing completes the improvements. Leases are in place, and the unit count provides a defined multifamily format for an owner seeking an existing residential income property.

Key Highlights

  • 5‑unit apartment property with 3,563 square feet
  • 0.241‑acre lot at 319 S Nueces Street, Mathis, TX 78368
  • Leases in place across the multifamily property

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Skin Care Clinic (Bike/Boat/Book/etc) Store Building Supply

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

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

289
Businesses Nearby

Demographics for 78368, TX

8,726
Population
4,992
Households
1.7
Avg Household Size
43
Median Age
12%
College-Educated
77%
High-School Grad
206.5 sq mi
ZIP Area
42
Density / Sq Mi
$41,286
Median Household Income
$39,094
Median Earnings
$806
Median Rent
$87,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Five residential units with leases in place, public utilities, and both on-site and street parking.
Where is this apartment building located?
The property is located at 319 S Nueces Street Mathis, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 5‑unit apartment property with 3,563 square feet; 0.241‑acre lot at 319 S Nueces Street, Mathis, TX 78368; Leases in place across the multifamily property
More about this property
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