2900 S Fm 225, Henderson, TX 75654
- Commercial real estate
- 681 SF
- 12.00 lot acres
Current Use by Public Records
- Southern Hills Duplexes / Apartment Complex / Apartment Building
- Couture Glam Girl / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
Property Details for 2900 S Fm 225
- Year built
- 1982
- Lot size
- 12.00 lot acres
- Property type
- Commercial real estate
- APN
- 4643,31140,10145
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 21, 2025 | — | Colt Whiteside | 4hlnvestments LLC | Deed | $148k · Mortgage Research Center LLC |
| Jun 28, 2017 | — | Southern Hills Partners LLC | — | Deed · related | $1.6M · Origin Bank |
Description
This exceptional 80-unit apartment community, situated on 12 acres in Henderson, Texas (75654), presents a compelling investment opportunity. The property, comprised of 42 single-story buildings, boasts 68,920 square feet of net rentable space, with unit sizes ranging from 681 to 993 square feet. Built in 1982 and extensively renovated between 2015 and 2017, the complex features a mix of one, two, and three-bedroom layouts. Currently operating at 96% occupancy (with a projected 100% occupancy by December 10, 2024), the property generates significant income. All 42 buildings received new roofs in June 2023, covered by a transferable 20-year warranty. The property includes an on-site leasing office, laundry facilities, a maintenance shop, and ample storage. Its convenient location offers easy access to shopping and dining. The property also includes an adjacent 1.5-acre vacant lot, zoned multi-family, with existing utilities, presenting potential for expansion or amenity additions. This Class B multifamily asset offers a strong track record of performance, with professional management ensuring tenant satisfaction and minimizing capital expenditures. The asking price is $6,200,000, representing a price per unit of $77,500. The property is offered with 100% ownership and is for sale by owner. A current survey is available for each address. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property with significant upside potential.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Henderson
- County
- Rusk
- State
- Texas
- Longitude
- -94.810018
- Latitude
- 32.1233751
