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$1,200,000
66 Days On Site
7261 State Highway 276Point, TX 75472
For Sale|Apartment|Active
0
Beds
0
Total Baths
5,984
SqFt
$201
/SqFt
1980
Built
Subdivision:
Brook Thomas D
County:
Rains
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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!
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Listing Snapshot
Price
$1,200,000
Days On Site
66 Days
Bedrooms
N/A
Inside Area (SqFt)
5,984 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
2.419 Acres
Year Built
1980
MLS® Number
21044847
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
General Features
Acres
2.419
Foundation
Slab
Levels
One
Parking
GravelOpenParking LotUnpaved
Parking Spaces
14
Property Sub Type
Apartment
Security
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Total
5984
Interior Features
Appliances
DishwasherElectric RangeMicrowaveRefrigerator
Cooling
Central AirElectric
Flooring
Vinyl
Heating
CentralElectric
Interior
Open FloorplanHigh Speed Internet
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Exterior Features
Lot Features
Few Trees
Patio And Porch
Covered
Roof
Metal
Community Features
Financing Terms Available
1031 ExchangeCashConventional
School District
Rains ISD
Schools
School District
Rains ISD
Elementary School
Rains
Middle School
Rains
High School
Rains
Listing courtesy of Michael Barakatt of Coldwell Banker Apex, REALTORS mbarakatt23@gmail.com
© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-11-08 12:28 PM CST
© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-11-08 12:28 PM CST
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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