196 W 17th Street
Mount Pleasant, Texas 75455
24
Bed
26
Bath
12,000Sqft
0.16Acre(Lot)
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 portfo
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 24Bathroom Information
Total Baths: 18.5 Full Baths: 18 Half Baths: 8 -
Interior Features
Cable TV Available,Decorative Lighting,Eat-in Kitchen,High Speed Internet Available,Kitchen Island,Open FloorplanAppliances
Built-in Gas Range,Dishwasher,Disposal,Gas Water Heater,Microwave,Plumbed For Gas in Kitchen,RefrigeratorUtilities
Cable Available,City Sewer,City Water,Individual Gas Meter,Individual Water Meter,Other -
Cooling Features
Ceiling Fan(s),Central Air,ElectricHeating Source
Central,Natural Gas
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Building Information
Built Year: 2024 Building Area Total: 12,000 Construction: Brick,Other Roof Type: Shingle -
Foundation
Slab -
Fencing
Back Yard,Wrought IronConstruction Materials
Brick,Other
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Lot Information
Lot Size (Acr): 0.1600 Lot Size Units: Acres Lot Size Square Feet: 6,970 Lot Size Source: Builder -
Property Information
SQ ft (Living Area): 12,000 Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: Ford Highlands Add City: Mount Pleasant State: Texas Directions: GPS to 196 W 17th Street Mount Pleasant, TX 75455 Property Status: Active Exclusions: Tenants personal furniture and personal belongings. Levels: Two Property Age: 2 Year Built Details: New Construction - Complete
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Listing Price Information
Original List Price: $1,999,990 List Price Tot SqFt: $167 -
Listing Information
Possession: Closing/Funding,Negotiable
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Tax Information
Parcel Number: 256243 Tax Block: A Tax Legal Description: URBANS ON 17TH BLK A LOT 1 .16 AC Tax Lot: 1
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Parking Information
Has Garage Parking: 16 Parking Features: Direct Access,Driveway,Enclosed,Garage,Garage Door Opener,Garage Faces Rear,Garage Single Door -
Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Vivian Fowler Middle School: Wallace High School: Mount Pleasant Junior High School: Mount Pleasant School District: Mount Pleasant ISD -
Utility Information
Utilities: Cable Available,City Sewer,City Water,Individual Gas Meter,Individual Water Meter,Other
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 437 County Road 1660, Mount Pleasant, TX, 75455 | $475,000 | 3 | 3 | 2,105 | 2,105 SqFt |
| 45 County Road 4857, Mount Pleasant, TX, 75455 | $489,000 | 4 | 3 | 2,743 | 2,743 SqFt |
| 91 County Road 4742, Mount Pleasant, TX, 75455 | $384,900 | 3 | 2 | 2,050 | 2,050 SqFt |
| 146 CR 4742, Mount Pleasant, TX, 75455 | $489,900 | 4 | 3 | 2,850 | 2,850 SqFt |
| 2997 County Road 4260, Mount Pleasant, TX, 75455 | $199,000 | 3 | 2 | 1,778 | 1,778 SqFt |
| 409 Cr 3060, Mount Pleasant, TX, 75455 | $239,000 | 3 | 2 | 1,649 | 1,649 SqFt |
| 345 County Road 4231, Mount Pleasant, TX, 75455 | $157,500 | 4 | 2 | 2,128 | 2,128 SqFt |
| 490 Fm 1735, Mount Pleasant, TX, 75455 | $267,000 | 2 | 2 | 1,360 | 1,360 SqFt |
| 115 Cr 4720, Mount Pleasant, TX, 75455 | $399,000 | 3 | 2 | 1,413 | 1,413 SqFt |
| 490 Fm 1735, Mount Pleasant, TX, 75455 | $267,000 | 2 | 2 | 1,360 | 1,360 SqFt |
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ByOwner last updated this listing 07/30/2026 @ 16:02
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