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Seven-Home Multifamily Property
New
For Sale
$699,000

4588 SH 110, Grand Saline, TX 75140

COMMERCIAL, Grand Saline, TX

Property SizeContact for details
Days on Market4

Property Features for 4588 SH 110

General Information

Property type Commercial Sale
Property subtype Other
Directions From Grand Saline, take TX-110 S, N Main St. Continue to follow TX-110 S. Destination will be on the right.
Subdivision GRAND SALINE
Standard status Active

Amenities

covered gazebo
children's playground
on-site chapel

Building Details

Number of units 7
Listing Agency: Norris Real Estate
Listed By: Daniel Shipman · License #785224
Added: Sep 11 Last Checked: Sep 14 at 10:06AM
MLS# 20266465

Copyright © 2026 Longview Area 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.

Investment Insights

Based on property information with market context.

This multifamily property comprises seven individual homes, with all residences currently occupied by tenants. The homes feature varied architectural character, including rustic cabin, modern farmhouse, and cottage-style designs. The property also includes a covered gazebo, children’s playground, and an on-site chapel suited to weddings and other special occasions.

The grounds have supported both short-term lodging through Airbnb and VRBO and the current long-term rental arrangement. Chapel events provide an additional use for the property. The location offers access to Grand Saline, Van, Mineola, and First Monday Trade Days in Canton, all identified as nearby destinations.

Key Highlights

  • Seven distinct homes, all currently tenant‑occupied
  • On‑site chapel for weddings and special occasions
  • Covered gazebo for outdoor gatherings and events

Property Analytics

Current Use

Short term rental ...

Lease Details

7
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 75140, TX

7,538
Population
3,436
Households
2.2
Avg Household Size
42
Median Age
15%
College-Educated
76%
High-School Grad
116.2 sq mi
ZIP Area
65
Density / Sq Mi
$53,512
Median Household Income
$33,765
Median Earnings
$957
Median Rent
$131,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Tenant-occupied residences are complemented by an on-site chapel, covered gazebo, and children’s playground.
Where is this multifamily property located?
The property is located at 4588 SH 110 Grand Saline, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Seven distinct homes, all currently tenant‑occupied; On‑site chapel for weddings and special occasions; Covered gazebo for outdoor gatherings and events
More about this property
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