Income-Producing Multifamily
For Sale
Contact for pricing
3518 CR 402 W, Henderson, TX 75654
Seven-unit multifamily property with income potential near Henderson, Texas.
Property Size3,316 SF
Lot Size1.99 Acres
Price / SF$66.04
Days on Market158
Property Features for 3518 CR 402 W
General Information
Standard status
Active
Size
3,316 SF
Lot size
1.99 Acres
Property subtype
Special Purpose
Listing Agency:
Coldwell Banker Home Place Realty
(903) 690-1992
Listed By:
Benjamin Wooten · License #TX560272
Source:
Crexi
Added: Mar 19
Changed: Aug 8
Last Checked: Aug 8 at 6:33AM
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 Coldwell Banker Home Place Realty
Investment Insights
Based on property information with market context.
Hidden Village is a 7-unit income-producing multi-family property situated just outside the city limits of Henderson. The property includes 7 rental units, one of which is a mobile home, with month-to-month leases currently in place. The property is situated on 1.994 acres. The property features an on-site laundry building with a coin-operated washer and dryer, plus an additional RV/camper hookup for added income potential. A new asphalt driveway was installed within the last year. The property offers an excellent opportunity for investors seeking current income with future upside. The property is comprised of 3,316 square feet. Currently grossing $5,000 per month, the owner pays all bills, including water, trash, electric, propane, and yard care. There is room to add more units if desired. All units have been kept clean and tidy.
Key Highlights
- Income‑producing property grossing $5,000 per month.
- Potential for increased income by adding more units on 1.994 acres.
- On‑site laundry building with coin‑operated washer and dryer.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
Demographics for 75654, TX
12,045
Population
5,285
Households
2.3
Avg Household Size
40
Median Age
26%
College-Educated
85%
High-School Grad
197.9 sq mi
ZIP Area
61
Density / Sq Mi
$69,986
Median Household Income
$40,345
Median Earnings
$1,033
Median Rent
$176,400
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?
Multifamily property - Seven-unit multifamily property with income potential near Henderson, Texas.
Where is this multifamily property located?
The property is located at 3518 CR 402 W Henderson, TX.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Income‑producing property grossing $5,000 per month.; Potential for increased income by adding more units on 1.994 acres.; On‑site laundry building with coin‑operated washer and dryer.
