403 Nacogdoches Street, Center, Texas image 1
Active

403 Nacogdoches Street

Center, Texas 75935
Mark as Favorite
$3,700,000 $15,599/Mo
Get Pre-Approved Check your credit
Bed 32

Bed

Bath 32

Bath

Acres1.92

Acres(Lot)

Located in Center, TX, Town Square presents an opportunity to acquire a stabilized, mixed-use investment featuring 24 units consisting of one- and two-bed floorplans alongside 4 commercial office spaces in a modern development completed in 2011. Purpose built to serve both long-term residents and corporate housing demand, most units come fully furnished, and all are equipped with in-unit washers and dryers and internet, offering a true turnkey living experience. With an ideal location walking distance to downtown, Town Square benefits from Shelby County’s various economic drivers including energy, manufacturing and government employment. Additionally, the commercial component provides diversified income with existing tenancy and additional leasing upside. With newer construction, minimal a nticipated capital expenditures, a diversified revenue stream, and one of the few professionally managed market-rate apartment communities in the area, Town Square offers investors a combination of stable in-place cash flow and long-term value creation opportunities. Investors can boost NOI by leasing out two vacant office spaces. Owners spent $75k finishing them out, complete with HVAC, electric, plumbing, kitchen, bathrooms, and individual offices. Asking lease rates will be $2,200 for the larger space and $1,700 for the smaller unit, bringing annual gross potential to $46,800. Other value add opportunities include capturing a rent premium through thoughtfully appointed, furnished residences while leveraging flexible lease terms to capitalize demand from corporate and short-term users.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $3,700,000

AD Id : 90896174

MLS Id : 572589055

Beds : 32

Lot Size : 1.92 Acres

Tax Amount : 0.00

Year Built : 2010

County : Shelby

Subdivision: Highland Ridge Vii

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 32

    Bathroom Information

    Total Baths: 32 Full Baths: 32

  • Interior Features

    Cable TV Available,High Speed Internet Available

    Appliances

    Dishwasher,Disposal,Dryer,Electric Range,Microwave,Washer

    Utilities

    City Sewer,City Water

  • Cooling Features

    Ceiling Fan(s),Central Air,Electric

    Heating Source

    Central,Electric

  • Building Information

    Built Year: 2010 Building Area Total: 21,790 Construction: Fiber Cement,Siding,Stone Veneer,Wood Roof Type: Composition

  • Foundation

    Slab

  • Construction Materials

    Fiber Cement,Siding,Stone Veneer,Wood

  • Lot Information

    Lot Size (Acr): 1.9160 Lot Size Units: Acres Lot Size Square Feet: 83,461

  • Property Information

    Property Type: Residential Income Property Sub Type: Apartment Subdivision: Not Applicable City: Center State: Texas Directions: Google maps Property Status: Active Levels: Two Property Age: 16 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $3,700,000

  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R00020321 Tax Block: 9 Tax Legal Description: 0010 AMASON JESSE SUR BLK 9 TR 4 1.9160 ACRES Unexempt Taxes: $39,781

  • Parking Information

    Parking: 45 Parking Features: On Site,Parking Lot

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Center Middle School: Center High School: Center School District: Center ISD

  • Utility Information

    Utilities: City Sewer,City Water
Sell a home like this and save $221,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
215 Pr 301, Center, TX, 75935 $329,900 3 2 1,792 4.33 Acres
6910 Highway 147 N, Center, TX, 75935 $799,900 3 2 1,928 72.80 Acres
5029 State Hwy 7 East, Center, TX, 75935 $80,000 3 2 1,312 1.02 Acres
4294 E State Highway 7, Center, TX, 75935 $199,500 2 15 1,190 16.78 Acres
872 County Road 3129, Center, TX, 75935 $230,000 3 1 1,644 24 Acres
703 Spur 699 Spur, Center, TX, 75935 $259,900 4 3 2,040 0.46 Acre
7800 W Fm 417, Center, TX, 75935 $460,000 5 3 2,696 5.51 Acres
620 Logansport Street, Center, TX, 75935 $150,000 5 2 4,000 0.28 Acre
546 Old San Augustine Hwy, Center, TX, 75935 $249,900 3 2 2,248 0.41 Acre
546 Old San Augustine Hwy, Center, TX, 75935 $249,900 3 2 2,248 --

Similar Homes To 403 Nacogdoches Street

Nearby For Sale

Slider Thumb
Active
Mark as Favorite
$249,900
Home For Sale

546 Old San Augustine Hwy,
Center, TX, 75935

Bed 3

Bed

Bath 2

Bath

SqFt2,248

Sqft
Slider Thumb
Active
Mark as Favorite
$3,700,000
Home For Sale

403 Nacogdoches Street,
Center, TX, 75935

Bed 32

Bed

Bath 32

Bath

Acres1.92

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$150,000
Home For Sale

620 Logansport Street,
Center, TX, 75935

Bed 5

Bed

Bath 2

Bath

SqFt4,000

Sqft

Acres0.28

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$689,000
Home For Sale

187 Tracks Trail,
Center, TX, 78010

Bed 3

Bed

Bath 3

Bath

SqFt2,318

Sqft
Slider Thumb
Active
Mark as Favorite
$799,900
Home For Sale

6910 Highway 147 N,
Center, TX, 75935

Bed 3

Bed

Bath 2

Bath

SqFt1,928

Sqft

Acres72.80

Acres(Lot)
MLS Logo

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 2026. All rights reserved

ByOwner last updated this listing 09/02/2026 @ 10:51

MLS: 572589055 LISTED BY: Esther Cho, GSFREA LLC 214-206-9559 SOURCE: NTREIS - North Texas Real Estate Information

More Cities with for Sale by Owner Homes

Homes around $3,700,000

Slider Thumb
Active
Mark as Favorite
$229,500
Home For Sale

4501 Sh 87 N,
Center, TX, 75935

Bed 2

Bed

Bath 2

Bath

SqFt1,160

Sqft

Acres10

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$230,000
Home For Sale

872 County Road 3129,
Center, TX, 75935

Bed 3

Bed

Bath 1

Bath

SqFt1,644

Sqft

Acres24

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$237,600
Land For Sale

1955 County Road 201,
Center, TX, 75935

Acres58.23

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$249,900
Home For Sale

546 Old San Augustine Hwy,
Center, TX, 75935

Bed 3

Bed

Bath 2

Bath

SqFt2,248

Sqft

Acres0.41

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$249,900
Home For Sale

546 Old San Augustine Hwy,
Center, TX, 75935

Bed 3

Bed

Bath 2

Bath

SqFt2,248

Sqft
Slider Thumb
Active
Mark as Favorite
$259,900
Home For Sale

703 Spur 699 Spur,
Center, TX, 75935

Bed 4

Bed

Bath 3

Bath

SqFt2,040

Sqft

Acres0.46

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$265,000
Land For Sale

00 County Road 1247,
Center, TX, 75935

Acres53.50

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$275,000
Land For Sale

TBD Fm 711,
Center, TX, 75935

Acres42

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$329,900
Home For Sale

215 Pr 301,
Center, TX, 75935

Bed 3

Bed

Bath 2

Bath

SqFt1,792

Sqft

Acres4.33

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$350,000
Land For Sale

1609 County Road 3224,
Center, TX, 75935

Acres50.25

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$425,000
Land For Sale

000 County Road 1245,
Center, TX, 75935

Acres86.50

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$425,000
Land For Sale

331 County Road 108 S,
Center, TX, 75935

Bed 4

Bed

Bath 3

Bath

SqFt2,464

Sqft (Lot)

Acres23.50

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$460,000
Home For Sale

7800 W Fm 417,
Center, TX, 75935

Bed 5

Bed

Bath 3

Bath

SqFt2,696

Sqft

Acres5.51

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$556,800
Land For Sale

TBD Fm 138,
Center, TX, 75935

Acres116

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$556,800
Land For Sale

TBD Fm 138,
Center, TX, 75935

Acres116

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$575,000
Home For Sale

136 County Rd 1040,
Center, TX, 75935

Bed 5

Bed

Bath 3

Bath

SqFt5,000

Sqft

Acres0.73

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$799,900
Home For Sale

6910 Highway 147 N,
Center, TX, 75935

Bed 3

Bed

Bath 2

Bath

SqFt1,928

Sqft

Acres72.80

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$1,950,000
Land For Sale

1600 County Road 201,
Center, TX, 75935

Acres217.42

Acres(Lot)

Selling? Save $221,501 when you sell a home like this

Tour with a ByOwner Agent