196 W 17th Street, Mount Pleasant, TX 75455
196 W 17th Street, Mount Pleasant, TX 75455
196 W 17th Street, Mount Pleasant, TX 75455
24
See all 24 photos
$1,999,990
Est. payment /mo
24 Beds
26 Baths
12,000 SqFt
New

196 W 17th Street Mount Pleasant, TX 75455

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Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Subdivision Ford Highlands Add

MLS Listing ID 21333929

Bedrooms 24

Full Baths 18

Half Baths 8

HOA Y/N None

Total Fin. Sqft 12000

Year Built 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Multiple Single Units

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.

Location

State TX

County Titus

Direction GPS to 196 W 17th Street Mount Pleasant, TX 75455

Interior

Interior Features Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Kitchen Island, Open Floorplan

Heating Central, Natural Gas

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Luxury Vinyl Plank

Appliance Built-in Gas Range, Dishwasher, Disposal, Gas Water Heater, Microwave, Plumbed For Gas in Kitchen, Refrigerator

Heat Source Central, Natural Gas

Exterior

Fence Back Yard, Wrought Iron

Utilities Available Cable Available, City Sewer, City Water, Individual Gas Meter, Individual Water Meter, Other

Roof Type Shingle

Total Parking Spaces 1

Garage Yes

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick,Other

Schools

Elementary Schools Vivian Fowler

Middle Schools Wallace

High Schools Mount Pleasant

School District Mount Pleasant Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21333929


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Richard Guilliams • Luxe Estates Realty, LLC
Nearby Locations

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Lam Dinh

Lam Dinh

Broker Associate | License ID: 0465896

+1(214) 566-9372

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196 W 17th Street