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756-Unit Apartment Project
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3551 East Broadway Street, Gainesville, TX 76240

Large-scale multifamily project in Gainesville with proximity to Winstar World Casino.

Property SizeContact for details
Days on Market145

Property Features for 3551 East Broadway Street

General Information

Standard status Active
Class A
Property subtype Multifamily
Zoning MF-2

Additional Details

Multifamily Units 756

Building Details

Year Built 2026
Buildings 18
Units 1244
Listing Agency: Equity Real Estate (American Fork)
Listed By: Porter Christensen · License #UT 11976924-SA00
Source: Crexi
Added: Apr 11 Changed: Sep 1 Last Checked: Sep 1 at 9:31AM

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 Equity Real Estate (American Fork)

Investment Insights

Based on property information with market context.

This multifamily project contains 756 apartment units in Gainesville, Texas. The property is located at 3551 E Broadway St and is positioned within the city’s North Texas market.

Winstar World Casino is approximately 13 miles away, representing a stated drive time of 15 minutes. The casino is identified as having more than 3,600 employees, providing a nearby employment center for the surrounding area.

Key Highlights

  • 756‑unit multifamily project
  • Located at 3551 E Broadway St, Gainesville, TX 76240
  • 13 miles from Winstar World Casino

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Gym & Fitness 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

756
Residential units

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 76240, TX

28,349
Population
12,412
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
369.4 sq mi
ZIP Area
77
Density / Sq Mi
$67,056
Median Household Income
$40,167
Median Earnings
$1,105
Median Rent
$207,600
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 - Large-scale multifamily project in Gainesville with proximity to Winstar World Casino.
Where is this apartment building located?
The property is located at 3551 East Broadway Street Gainesville, TX.
What is the asking price?
The asking price for this property is $54,900,000.
What are key features of this property?
This property features: 756‑unit multifamily project; Located at 3551 E Broadway St, Gainesville, TX 76240; 13 miles from Winstar World Casino
More about this property
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