Description
Welcome to this exceptional 38-unit multifamily community located in the heart of gainesville, texas. this well maintained property offers a rare investment opportunity with strong occupancy and a stable income. situated on a spacious lot in a quiet, residential neighborhood, the complex features a mix of one to three bedroom units, thoughtfully designed for comfortable living. select units have been recently updated with modern finishes, offering immediate appeal to tenants and upside potential for investors. the property includes an onsite laundry facility and is within close proximity to local schools, shopping and dining. whether you're expanding your portfolio or entering the multifamily space, this gainesville asset presents a compelling blend of cash flow and future growth potential.
Property Type
Residential IncomeSubdivision
Gainesville AddCounty
CookeStyle
Residential IncomeAD ID
50007016
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Cable TV Available
Appliances
- Dishwasher,Electric Range
Utilities
- City Sewer,City Water
Cooling Features
- Wall Unit(s)
Heating Source
- Electric,None
-
Exterior Features
Building Information
- Built Year: 1965
- Building Area Total: 31,481
- Construction: Brick,Wood
- Roof Type: Composition
Foundation
- Concrete Perimeter
Construction Materials
- Brick,Wood
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 1.8280
- Lot Size Units: Acres
- Lot Size Square Feet: 79627.6800
Property Information
- Property Type: Residential Income
- Property Sub Type: Apartment
- Subdivision: Gainesville Add
- City: Gainesville
- State: Texas
- Directions: Corner of Dixon St and Hird St, Gainesville
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $3,500,000
Listing Information
- Possession: Closing/Funding
-
Taxes / Assessments
Tax Information
- Parcel Number: 23648
- Tax Block: 107
- Tax Legal Description: GAINESVILLE ADDN; BLOCK 107; TR 3 - SHADOWOOD
- Unexempt Taxes: $24,214
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 38
- Parking Features: Additional Parking
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Edison
- High School: Gainesvill
- Junior High School: Gainesvill
- Intermediate School: Lee
- School District: Gainesville ISD
Utility Information
- Utilities: City Sewer,City Water
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
BuyOwner last updated this listing 06/12/2025 @ 12:23
- MLS: 456115000
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 2 sized lot, and 0 parking. are nearby neighborhoods.