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7-Unit Apartment Building
For Sale
Contact for pricing
Pending

322 Carson Street, Red Oak, TX 75154

Two-story apartment property with separately metered units and a secured ancillary room.

Property SizeContact for details
Days on Market144

Property Features for 322 Carson Street

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 5 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 7
Listing Agency: Century 21 Judge Fite Company Waxahachie
Listed By: Todd Jackson · License #TX
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 11:20PM

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 Century 21 Judge Fite Company Waxahachie

Investment Insights

Based on property information with market context.

This two-story apartment property includes 7 units arranged across 3 first-floor residences and 4 second-floor residences. The unit mix comprises 5 two-bedroom, one-bath apartments and 2 one-bedroom, one-bath apartments. Each residence has its own electric meter, and all units have updated water heaters.

A 30-year roof was installed in 2015. The property also includes a secured room currently used as a workroom, with potential for office use. Tenants are on month-to-month leases, and all residents have occupied their units for 3 years or more. Each unit is separately responsible for water, sewer, and dumpster fees.

Key Highlights

  • 7 apartment units: 5 two‑bedroom, one‑bath units and 2 one‑bedroom, one‑bath units
  • 3 units on the first floor and 4 units on the second floor
  • 30‑year roof installed in 2015

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service Daycare 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.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

397
Businesses Nearby

Demographics for 75154, TX

45,894
Population
17,170
Households
2.7
Avg Household Size
36
Median Age
31%
College-Educated
88%
High-School Grad
47.8 sq mi
ZIP Area
960
Density / Sq Mi
$96,150
Median Household Income
$48,112
Median Earnings
$1,446
Median Rent
$296,000
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 - Two-story apartment property with separately metered units and a secured ancillary room.
Where is this apartment building located?
The property is located at 322 Carson Street Red Oak, TX.
What are key features of this property?
This property features: 7 apartment units: 5 two‑bedroom, one‑bath units and 2 one‑bedroom, one‑bath units; 3 units on the first floor and 4 units on the second floor; 30‑year roof installed in 2015
More about this property
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