$2,541,000

18747 FM 2493, Flint, TX 75762

  • 12,888 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2023
  • Property Lot Size Icon2.07acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $197/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

The Shires - New 8 Unit Townhome Complex. Newly constructed and 100% occupied 8-unit townhome complex in Flint, Texas with value-add upside! Purchasers will have the opportunity to develop 20 more units on an additional 1.5 acres primed for vertical construction. Highlights: • Year 1 NOI: $125,268. • Additional land + infrastructure for developers. • Per Unit: 3 bedroom / 2 bathroom | ~ $1,896 rent / mo. | ~ 1,400 SF. • 16 parking spots (2 per unit). • Modern interior finishes. Contact agent for OM.

Listing Status:
Active
Date Added:
June 16, 2025
Data Last Updated:
July 29, 2026 at 12:16AM
Listing Office:
Drake Real Estate & Investments : 903-581-3737
Listing Agent:
Jeremy Caruthers : 903-630-0582
MLS ID:
25009171
  • A/C: Central ElectricIndividual Controlled
  • Heating: Central
  • Improvements: Fenced
  • Parking: Off Street
  • General: Siding
  • Road/Access: City Street
  • Originating MLS: Greater Tyler Association of REALTORS
  • County: Smith
  • Zoning: Henrichson Subd Lot 2
  • Fencing: Fenced
  • Current Use: ApartmentsOther
  • Utilities: Separate Electric MeterElectric On Site
  • Water: Public
  • Sewer: Public Sewer
  • Source: Greater Tyler Association of REALTORS

This listing courtesy of Jeremy Caruthers , Drake Real Estate & Investments

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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