$2,999,999

316 W 7th St Unit 100-124 Mount Pleasant, TX 75455

Estimated payment $17,306/month

Total Views 59,379
27 Beds
25 Baths
20,028 Sq Ft
$150 Price per Sq Ft

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Mount Pleasant High School Rated A
  • Granite Countertops
  • Eat-In Kitchen

About This Home

Prime Income-Producing Multifamily Property in Downtown Mount Pleasant. Exceptional investment opportunity in the heart of Downtown Mount Pleasant! This fully leased, income-producing multifamily building features 25 well-maintained apartment units—23 one-bedroom, one-bath units and 2 two-bedroom, one-bath units. Each unit ranges from approximately 850 to 1,000 square feet and offers modern finishes, including stainless steel appliances, granite countertops in kitchens and bathrooms, and sleek tile flooring throughout. Some kitchens are equipped with granite islands, adding extra prep and dining space. The property includes convenient on-site parking, a community laundromat for tenants, landscaped grounds, and a centralized community mailbox area. Located just minutes from the highway, this property offers easy accessibility while maintaining a walkable downtown location. A rare turnkey investment with stable occupancy—100% leased and generating consistent income

Listing Agent

Dennys Gonzalez

Texas Legacy Realty Brokerage Phone: 817-312-6165 License #0668915 Listed on: 05/05/2025

Texas Legacy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,054

Year Built

  • Built in 1965

Lot Details

  • 1.14 Acre Lot
  • Wood Fence
  • Landscaped
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 27 Bedrooms
  • Walk-In Closet
  • 25 Full Bathrooms

Parking

  • On-Site Parking
  • Parking Lot
  • Outside Parking

Schools

  • Annie SIMS Elementary School
  • Mount Pleasant High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 2 / 55
  • Assessor Parcel Number 10691

Community Details

Overview

  • 25 Units
  • 20,028 Sq Ft Building
  • Mt Pleasant City Blocks Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Gross Income $270,300
  • Net Operating Income $244,246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,054

Year Built

Built in 1965

Lot Details

0

Listing Details

  • OWNERNAME: see taxes
  • Property Type: Residential Income
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 817-312-6165
  • CapRate: 8.14
  • Co List Office Mls Id: TXLG00FW
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Interior Amenities: Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Ceramic Tile
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 25
  • Total Bedrooms: 27

Exterior Features

  • Foundation: Slab
  • Community Features: Laundry Facilities, Curbs
  • Fencing: Fenced, Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None
  • Patio And Porch Features: Covered
  • RoadFrontageType: All Weather Road

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Parking Features: On Site, Outside, Parking Lot
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Annie Sims
  • High School: Mount Pleasant
  • Junior High Dist: Mount Pleasant ISD

Lot Info

  • Lot Features: Landscaped, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 1.136
  • Parcel Number: 10691
  • Lot Size Acres: 1.136
  • Lot Size Sq Ft: 49484.16

Building Info

  • Year Built: 1965
  • Units Total: 25
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: 55
  • Tax Lot: 2
  • Tax Annual Amount: 16054.0

Multi Family

  • Annual Gross Income: 270300.0
  • Property Net Operating Income: 244246.0

MLS Schools

  • MiddleOrJuniorSchool: Wallace

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2025 05/05/25 For Sale $2,999,999 -- $150 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

About the Listing Agent

Dennys Gonzalez
Dennys Gonzalez

Texas Legacy Realty

(430) 204-3339

Section Image

Meet Dennys Gonzalez, a bilingual real estate agent with eight years of experience in the industry. Dennys’ fluency in both English and Spanish allows her to effectively communicate and cater to a diverse range of clients.

Throughout her career, Dennys has established herself as a knowledgeable and trustworthy professional. She has a deep understanding of the local real estate market and stays up-to-date with the latest trends and developments. This enables her to provide accurate and

View Dennys's Profile

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20925425

North Texas Real Estate Information Systems (NTREIS)
Texas Titus County Mount Pleasant 75455

316 W 7th St Unit 100-124, Mount Pleasant, TX

This home is located at 316 W 7th St Unit 100-124, Mount Pleasant, TX 75455 and is currently priced at $2,999,999, approximately $149 per square foot. This property was built in 1965. 316 W 7th St Unit 100-124 is a home located in Titus County with nearby schools including Vivian Fowler Elementary School, P.E. Wallace Middle School, and Mount Pleasant Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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Dennys Gonzalez
Dennys Gonzalez
Listing Agent Section Image
Texas Legacy Realty
(430) 204-3339