Kelli Kish - Coldwell Banker Apex Realtors Logo
$1,999,990
 $11,356 est/mo Sourced by Back At You

196 W 17th Street,Mount Pleasant, TX 75455

Mount Pleasant, TX 75455

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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.

Details

MLS #21333929
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2024
Days On Site28
Listing Provided ByLuxe Estates Realty, LLC | Richard Guilliams

Features

Bed(s)24
Bath(s) 26 Total
SQ Feet12,000
Garage1
Story(s)2
Units1
Building(s)1
Acreage0.16

Interior

CoolingCeiling Fan(s), Central Air, Electric
HeatingCentral, Natural Gas
Interior FeaturesCable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Kitchen Island, Open Floorplan
AppliancesBuilt-in Gas Range, Dishwasher, Disposal, Gas Water Heater, Microwave, Plumbed For Gas in Kitchen, Refrigerator

Exterior

RoofShingle
Construction MaterialsBrick, Other
Foundation DetailsSlab

Parking

Garage Yn1
Attached Garage Yn1
Parking FeaturesDirect Access, Driveway, Enclosed, Garage, Garage Door Opener, Garage Faces Rear, Garage Single Door

Utilities

UtilitiesCable Available, City Sewer, City Water, Individual Gas Meter, Individual Water Meter, Other

Taxes

Tax Lot1
Tax BlockA
Tax Legal DescriptionURBANS ON 17TH BLK A LOT 1 .16 AC

Area Information

StateTX
CountyTitus
CityMount Pleasant
Zip Code75455
AreaTitus
Community NameFord Highlands Add
School DistrictMount Pleasant ISD
Elementary SchoolVivian Fowler
High SchoolMount Pleasant
Listing VS Median (in Ford Highlands Add)
Price:
$1,999,990
low | high
Med:
$1,999,990
50% of Average
sqft:
12,000
low | high
Med:
12,000
50% of Average
$ / sqft:
$167
low | high
Med:
$167
50% of Average
On site:
28
low | high
Med:
28
100% of Average
Sourced by Back At You

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

Kelli Kish

Kelli C. Kish

Coldwell Banker Apex Realtors

698724-BCertified Luxury Home Marketing Specialist, Luxury Property Specialist, GRI, RENE, Cerified Lu (660) 624-0130kishsoldit@gmail.com
StateTX
CountyTitus
CityMount Pleasant
Zip Code75455
AreaTitus
Community NameFord Highlands Add
School DistrictMount Pleasant ISD
Elementary SchoolVivian Fowler
High SchoolMount Pleasant
Listing VS Median (in Ford Highlands Add)
Price:
$1,999,990
low | high
Med:
$1,999,990
50% of Average
sqft:
12,000
low | high
Med:
12,000
50% of Average
$ / sqft:
$167
low | high
Med:
$167
50% of Average
On site:
28
low | high
Med:
28
100% of Average
Sourced by Back At You
Listing Updated: July 24, 2026 at 6:30:06 PM PDT

Kelli Kish - Coldwell Banker Apex Realtors