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Multifamily Development Land
For Sale
$750,000

R24634 & R24625 Martinsville Street, Nacogdoches, TX 75961

Commercial Sale, Nacogdoches, TX

Property SizeContact for details
Lot Size11.50 Acres
Days on Market47

Property Features for R24634 & R24625 Martinsville Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Nac MF Multi-Family
Elementary school district Nacogdoches
Middle school district Nacogdoches
High school district Nacogdoches
Subdivision Nacogdoches
Standard status Active
Lot size 11.50 Acres
Listing Agency: Brookshire Real Estate
Listed By: Tim Brookshire · License #TREC 0584029
Added: Jul 10 Changed: Aug 20 Last Checked: Aug 25 at 10:06AM
MLS# 70014297

Copyright © 2026 Deep East Texas MLS. 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 11.5-acre land parcel is offered for multifamily development and is zoned Nac MF Multi-Family. Utilities are available, including city water, city sewer, and electricity, supporting residential site planning and development.

The property is located on Martinsville Street just off University Drive, with reported strong visibility and convenient access to nearby retail and services. Public remarks note adjacency to Walmart and proximity to Stephen F. Austin State University, along with shopping, restaurants, and medical facilities.

According to FEMA maps cited in the remarks, the property is not located in a floodplain. The tract’s configuration and available infrastructure make it suitable for multifamily concepts described in the listing, including apartments, townhomes, or student housing.

Key Highlights

  • 11.5‑acre multifamily development site on Martinsville Street, just off University Drive
  • Zoned for multifamily development with city water, city sewer, and electricity available
  • Adjacent to Walmart and minutes from Stephen F. Austin State University, shopping, restaurants, and medical facilities

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Catering Service HVAC Service Pet Grooming Service Acupuncture

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

630
Businesses Nearby

Demographics for 75961, TX

15,656
Population
7,594
Households
2.1
Avg Household Size
32
Median Age
19%
College-Educated
85%
High-School Grad
279.7 sq mi
ZIP Area
56
Density / Sq Mi
$40,130
Median Household Income
$29,207
Median Earnings
$974
Median Rent
$133,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Zoned for multifamily development with city water, sewer, and electricity available on an 11.5-acre tract.
Where is this commercial land located?
The property is located at R24634 & R24625 Martinsville Street Nacogdoches, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 11.5‑acre multifamily development site on Martinsville Street, just off University Drive; Zoned for multifamily development with city water, city sewer, and electricity available; Adjacent to Walmart and minutes from Stephen F. Austin State University, shopping, restaurants, and medical facilities
More about this property
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