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32-Unit Studio Apartment Building
New
For Sale
$2,000,000

4268 Sherwood Way, San Angelo, TX 76901

Commercial Sale, San Angelo, TX

Property Size17,059 SF
Lot Size2.26 Acres
Price / SF$117.24
Days on Market2

Property Features for 4268 Sherwood Way

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Multi-Family
Parking features Assigned, Parking Lot, Alley
Subdivision Mer-Way Inc. Consolidated
Standard status Active
APN R000105588
Size 17,059 SF
Lot size 2.26 Acres

Taxes and HOA fees

Tax Description Acres: 2.258 Lot: 5B Subd: Mer-Way Inc Addn Consolidated 1st R/P Of Lot 5 Sec 3
Legal Description Acres: 2.258 Lot: 5B Subd: Mer-Way Inc Addn Consolidated 1st R/P Of Lot 5 Sec 3

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central, Ductless (Heating)
Cooling system Ductless, Electric, Central Air
Water source Public

Amenities

on-site laundry facility

Building Details

Year built 2011
Floors in Building 1
Flooring type Tile
Building materials Stucco
Roof type Metal
Listing Agency: ERA Newlin & Company · ERA Real Estate
Listed By: Landry Scott · License #0689045
Added: Oct 23 Last Checked: Oct 24 at 8:06AM
MLS# 202814

Copyright © 2026 San Angelo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Located at 4268 Sherwood Way in San Angelo, this apartment property contains 32 studio-style units across 17,059 square feet. The building was constructed in 2011 and sits on a 2.26-acre parcel. Interior and building details include tile flooring, stucco construction, and a metal roof.

Rental arrangements include short- and long-term options, with furnished and unfurnished units and all-inclusive living. On-site laundry and assigned parking are provided. Shopping and restaurants are within walking distance of the property.

Key Highlights

  • 32 studio‑style apartments in 17,059 square feet
  • 2.26‑acre site in San Angelo
  • Short- and long‑term rental arrangements; furnished and unfurnished options

Property Analytics

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Lease Details

32
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

530
Businesses Nearby

Demographics for 76901, TX

31,084
Population
13,783
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
88%
High-School Grad
346.0 sq mi
ZIP Area
90
Density / Sq Mi
$64,542
Median Household Income
$35,343
Median Earnings
$1,188
Median Rent
$169,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Residents have access to on-site laundry, assigned parking, and furnished or unfurnished rental arrangements.
Where is this apartment building located?
The property is located at 4268 Sherwood Way San Angelo, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 32 studio‑style apartments in 17,059 square feet; 2.26‑acre site in San Angelo; Short- and long‑term rental arrangements; furnished and unfurnished options
More about this property
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