TX
Titus
Mount Pleasant
75455
196 W 17th Street
196 W 17th Street, Mount Pleasant, TX 75455
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Listing Type
other
Listing Status
Active
24
$1,999,990

Home Details for 196 W 17th Street

Price
$1,999,990
Type
Residential Income
Bedrooms
24
Total Bathrooms
26
Full Bathrooms
18
Half Bathrooms
8
Square feet
12000
Year built
2024
Lot size acres
0.16
County
Titus
MLS Listing#
21333929
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.

Property Features
  • Parking
    • Direct Access
    • Driveway
    • Enclosed
    • Garage
    • Garage Door Opener
    • Garage Faces Rear
    • Attached
  • House Interior
    • Eat-in Kitchen
    • Kitchen Island
    • Open Floorplan
    • High Speed Internet
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Natural Gas
  • Utilities
    • Cable Available
    • Other
  • Water Features
    • Public
  • Garage
    • 1
School Information
School Information for 196 W 17th Street, Mount Pleasant, TX 75455
Elementary School
Vivian Fowler
Middle School
Wallace
High School
Mount Pleasant
Listing Courtesy: Luxe Estates Realty, LLC - 469-831-6893
Presented by: Richard Guilliams
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-07-24 14:30:36
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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