Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Kitchen Island, Open Floorplan, High Speed Internet

  • Total Bedrooms

    24

  • Bathrooms

    18

  • 1/2 Bathrooms

    8

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Other

  • Parking

    Direct Access, Driveway, Enclosed, Garage, Garage Door Opener, Garage Faces Rear, Attached

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.16

  • Lot Size(square feet)

    6,969

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,999,990

  • Sq. Footage

    12,000

  • Price/SqFt

    $166

HOA

  • Association

    No

School District

  • Elementary School

    Vivian Fowler

  • Middle School

    Wallace

  • High School

    Mount Pleasant

Property Features

  • New Construction

    YES

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

  • Tax Lot

    1

  • Water Source

    Public

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Location

County

Titus

Elementary School

Vivian Fowler

Middle School

Wallace

High School

Mount Pleasant

Listing Courtesy of Richard Guilliams, Luxe Estates Realty, LLC

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Agent Joe Boston

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Joe Boston

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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.

196 W 17th Street

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