$1,200,000

Townhouse

  • 2.42 Ac lot
  • Updated: November 26, 2025
  • MLS#21044847

About the Property

Unique Turn Key opportunity on 2.419 acres ! This 7 unit apartment complex is fully renovated and is at 100% capacity with renters on an annual contract! New Roof, Windows, HVACs, Appliances, Plumbing, Electrical, etc. This property offers something for the Investor and or the owner occupant ! With nearly 1.25 acres of open land with potential for various purposes or buildings, it opens up possibi
Unique Turn Key opportunity on 2.419 acres ! This 7 unit apartment complex is fully renovated and is at 100% capacity with renters on an annual contract! New Roof, Windows, HVACs, Appliances, Plumbing, Electrical, etc. This property offers something for the Investor and or the owner occupant ! With nearly 1.25 acres of open land with potential for various purposes or buildings, it opens up possibilities for additional income . All 7 units rented-occupied but no long term leases to have to honor! Very attractive cap rate! Email agent for more info!
  • Property type

    House

  • Year built

    1980

Features

Explore the Area

7261 State Highway 276, Point, TX 75472, Lone Oak, Texas, United States View on Google Maps
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Michael Barakatt

Joined 6 years ago
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Michael Barakatt
Texas, United States
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3
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2021
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Coldwell Banker Apex, Realtors - Rockwall
Coldwell Banker Apex, Realtors - Rockwall
2555 Ridge Road Suite 144, 75087, Rockwall, Texas, United States
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Coldwell Banker Apex, Realtors has served its clients for over 52 years. The the
30th largest real estate compa
Coldwell Banker Apex, Realtors has served its clients for over 52 years. The the
30th largest real estate company in the US, we know about delivering results.
Coldwell Banker Apex exposes listings to 22 office locations all across Texas &
Louisiana to hundreds of thousands of additional potential buyers. We are the #1
Coldwell Banker in Texas, #1 Coldwell Banker in Louisiana, and the #1
woman-owned Coldwell Banker affiliates in the U. S. with over $4.4 Billion in
annual closed sales volume. We are a 3rd Generation family owned company helping
over 10,000 clients per year with their real estate needs.

Last updated
November 26, 2025
First listed
Sep 5, 2025
Listing reference
y4xfm2
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