$1,999,990

196 W 17th Street, Mt Pleasant, TX 75455

  • 24 beds |
  • 26 baths |
  • 12,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2024
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $167/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

8.42% Cap Rate - 100% Leased 8 New Construction Quality Build Townhouses! Rare opportunity to acquire a newly constructed eight-unit townhome investment portfolio in Mount Pleasant, Texas. Investment portfolio consisting of eight attached townhome units, each with its own address, being offered and sold as one complete package. Built in 2024, each thoughtfully designed residence features approximately 1,500 square feet with 3 bedrooms, 2.5 bathrooms, an attached one-car garage, an additional parking space, and a Low-maintenance fenced backyard. All eight units are currently income-producing, with seven leased to long-term tenants and one operating as a successful Airbnb, providing immediate cash flow and diversified income potential. Whether you're expanding an existing rental portfolio, completing a 1031 exchange, or seeking a turnkey income-producing investment, this unique offering delivers immediate cash flow with long-term appreciation potential and future investment flexibility. Ideally located just minutes from CHRISTUS Health – Mount Pleasant Hospital, the recently opened CHRISTUS Health Mount Pleasant Emergency Care Center and multispecialty clinic, shopping, restaurants, schools, and major employers, Mount Pleasant serves as the commercial and healthcare hub of Northeast Texas. The nearby expansion of CHRISTUS Health further strengthens the area's long-term employment base and supports consistent rental demand from healthcare professionals, local residents, and area employers. Constructed in 2024, this portfolio offers investors the benefits of newer construction, modern finishes, and reduced near-term capital expenditures compared to older multifamily properties. Property is being offered for sale as one complete investment portfolio. Rent roll, lease information, Airbnb performance, and financial information are available to qualified buyers upon request.

Listing Status:
Active
Data Last Updated:
July 29, 2026 at 4:20PM
Listing Office:
Luxe Estates Realty, LLC : 469-831-6893
Listing Agent:
Richard Guilliams :
MLS ID:
21333929
  • General: Decorative/Designer Lighting FixturesEat-in KitchenHigh Speed InternetKitchen IslandOpen FloorplanCable TV
  • Appliances: Some Gas AppliancesBuilt-In Gas RangeDishwasherDisposalGas Water HeaterMicrowavePlumbed For GasRefrigerator
  • Flooring: Luxury Vinyl Plank
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: CentralNatural Gas
  • Pool: None
  • Parking: Direct AccessDoor-SingleDrivewayEnclosedGarageGarage Door OpenerGarage Faces RearParking spaces: 16
  • Roofing: Shingle
  • General: BrickOther2Slab
  • Originating MLS: NTR
  • School District: Mount Pleasant ISD
  • County: Titus
  • Zoning: URBANS ON 17TH BLK A LOT 1 .16 AC256243
  • Fencing: Back YardWrought Iron
  • Utilities: Natural Gas AvailableOtherSewer AvailableSeparate MetersWater AvailableCable Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR
  • Exclusions: Tenants personal furniture and personal belongings.

This listing courtesy of Richard Guilliams , Luxe Estates Realty, LLC

Monthly Payment

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

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