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Nine-Unit Connected Townhome Apartment Building
For Sale
$1,600,000

518 Oakridge Drive, Greenville, TX 75402

ResidentialIncome, Greenville, TX

Property SizeContact for details
Lot Size0.07 Acres
Days on Market67

Property Features for 518 Oakridge Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 18
Bathrooms 18
Full bathrooms 18
Rooms Bedroom 8, Bedroom 7, Bedroom 12, Bathroom 7, Bathroom 2, Bathroom 4, Bathroom 6, Bathroom 15, Bedroom 2, Bedroom 9, Bathroom 18, Bathroom 16, Bedroom 14, Bathroom 9, Bedroom 1, Bathroom 11, Bathroom 13, Bathroom 8, Bathroom 5, Bedroom 10, Bedroom 11, Bedroom 13, Bedroom 17, Bedroom 16, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 1, Bathroom 17, Bathroom 10, Bedroom 6, Bathroom 12, Bathroom 14, Bedroom 15, Bedroom 4, Bedroom 18
Parking 1
Parking features Alley, Garage, Open
Interior features EatInKitchen, HighSpeedInternet, CableTv, WalkInClosets
Appliances Dishwasher, ElectricRange, Disposal
Subdivision Oak Ridge Add
Lot features Interior Lot, Landscaped, Level, Few Trees
Elementary school Lamar
Middle school Greenville
High school Greenville
Elementary school district Greenville ISD
Middle school district Greenville ISD
High school district Greenville ISD
Directions Wesley st to right on Hwy 69s. Right on FM 1570. Right on Oakridge
Standard status Active
APN 53256
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description S4256 OAK RIDGE ADDITION BLK A LOT 10 ACRES .
Tax Annual Amount 27000
Legal Description S4256 OAK RIDGE ADDITION BLK A LOT 10 ACRES .

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Ceiling Fan(s), Electric
Water source Public

Amenities

granite countertops
dishwasher
electric range

Building Details

Year built 1988
Floors in Building 1
Number of units 9
Flooring type Vinyl, Carpet
Building materials Brick
Roof type Composition
Listing Agency: Century 21 First Group · Century 21 Real Estate
Listed By: Holly Gray · License #0457861
Added: Jun 19 Changed: Aug 19 Last Checked: Aug 24 at 6:06PM
MLS# 21276833

Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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 property consists of nine fully occupied connected townhomes offered together as a package with no division. Each townhome features two bedrooms and two bathrooms, along with a one-car garage. Interior amenities include eat-in kitchen space, walk-in closets, and high-speed internet/cable TV connectivity. Kitchen appliances listed include a dishwasher, disposal, and electric range, and finishes include granite countertops.

The townhomes are positioned near L3Harris Technologies and Lamar Elementary School, with convenient access to Interstate 30 for commuters into Dallas. The location also supports easy access to retail, dining, and everyday conveniences.

Constructed with brick materials and a composition roof, the property was built in 1988. Heating and cooling are electric, with central systems and ceiling fans.

Key Highlights

  • Nine fully occupied connected townhomes sold as a single package with no division
  • Each townhome has two bedrooms and two bathrooms plus a one‑car garage
  • Kitchen features granite countertops with dishwasher and electric range

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Auto Parts Store Bakery Grocery & Convenience Store

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

9
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby

Demographics for 75402, TX

18,983
Population
8,024
Households
2.4
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
90.8 sq mi
ZIP Area
209
Density / Sq Mi
$77,602
Median Household Income
$46,076
Median Earnings
$1,414
Median Rent
$252,500
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 - Nine fully occupied connected townhomes with two bedrooms, two baths, and one-car garages, built in 1988.
Where is this apartment building located?
The property is located at 518 Oakridge Drive Greenville, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Nine fully occupied connected townhomes sold as a single package with no division; Each townhome has two bedrooms and two bathrooms plus a one‑car garage; Kitchen features granite countertops with dishwasher and electric range
More about this property
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