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196 W 17th Street
Mt Pleasant TX 75455 US

$1,999,990

Active Listing ID 21333929
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24 bed
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26.00 Bath (18 Full , 8 Half)
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Lot: 0.16 Acres
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Other

$1,999,990

Active Listing ID 21333929
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196 W 17th Street 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.

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Property Features

  • Facts
  • Lot Size: 0.16 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 18
  • 1/2 Bathrooms: 8
  • Cooling System: Electric, Central Air, Ceiling Fan(s)
  • Floor Covering: Vinyl
  • Roof Type: Shingle
  • Heating Fuels: Central, Natural Gas

School Information

  • School
  • Vivian Fowler(Elementary)
  • Wallace,Mount Pleasant(MiddleSchool)
  • Mount Pleasant(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1999990
  • unparsedaddress: 196 W 17th Street
  • postalcity: Mt Pleasant
  • stateorprovince: TX
  • country: US
  • postalcode: 75455
  • bathroomsfull: 18
  • bathroomshalf: 8
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.16
  • lotsizeunits: Acres
  • lotsizearea: 0.16
  • livingarea: 12000
  • livingareaunits: Square Feet
  • latitude: 33.172609
  • longitude: -94.97188
  • listagentfullname: Richard Guilliams
  • listagentemail: Richard@LuxeEstatesRealty.com
  • listagentkey: 3yd-NTREIS-0598248
  • listagentmlsid: 0598248
  • listagentpreferredphone: (469) 831-6893
  • listofficekey: 3yd-NTREIS-RGRTY01
  • listofficemlsid: RGRTY01
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 2024
  • listagenturl: http://www.luxeestatesrealty.com
  • countyorparish: Titus
  • parcelnumber: 256243
  • elementaryschool: Vivian Fowler
  • highschool: Mount Pleasant
  • elementaryschooldistrict: Mount Pleasant ISD
  • middleorjuniorschooldistrict: Mount Pleasant ISD
  • highschooldistrict: Mount Pleasant ISD
  • appliances: SomeGasAppliances, BuiltInGasRange, Dishwasher, Disposal, GasWaterHeater, Microwave, PlumbedForGas, Refrigerator
  • cooling: Electric, Central Air, Ceiling Fan(s)
  • constructionmaterials: Brick
  • flooring: Vinyl
  • heating: Central, Natural Gas
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 16
  • parkingfeatures: Garage, Driveway, Open
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: DecorativeDesignerLightingFixtures, EatInKitchen, HighSpeedInternet, KitchenIsland, OpenFloorplan, CableTv
  • rooms: Bathroom 26, Bathroom 5, Bedroom 11, Bedroom 17, Bathroom 6, Bathroom 18, Bathroom 15, Bedroom 21, Bedroom 1, Bathroom 24, Bedroom 2, Bedroom 3, Bedroom 22, Bathroom 3, Bathroom 8, Bedroom 20, Bedroom 4, Bedroom 6, Bathroom 12, Bathroom 1, Bedroom 15, Bedroom 7, Bedroom 10, Bedroom 13, Bathroom 20, Bedroom 5, Bathroom 13, Bedroom 23, Bathroom 22, Bathroom 9, Bathroom 4, Bathroom 10, Bathroom 14, Bathroom 11, Bedroom 16, Bedroom 9, Bathroom 7, Bathroom 2, Bedroom 24, Bedroom 14, Bedroom 19, Bathroom 25, Bedroom 18, Bathroom 17, Bathroom 21, Bathroom 23, Bathroom 16, Bedroom 8, Bedroom 12, Bathroom 19
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -94.97188, 33.172607
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Luxe Estates Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Richard@LuxeEstatesRealty.com", "ListBrokerageCity":"Dallas", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Richard@LuxeEstatesRealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/121/344858/20170213190354044.png", "ListBrokerageName":"Luxe Estates Realty", "ListBrokeragePhone":"(469) 831-6893", "ListBrokeragePostalCode":"75204", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3131 McKinney Avenue, Suite 600", "ListBrokerageWebsiteUrl":"http://www.luxeestatesrealty.com", "ListOfficeAddress1":" ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"RGRTY01", "ListOfficeCity":"Dallas", "ListOfficeCountry":"US", "ListOfficeEmail":"Richard@LuxeEstatesRealty.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Mt Pleasant, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/196-W-17th-St_Mt-Pleasant_TX_75455_M97788-33786?f=listhub&s=NTREIS&m=21333929&c=rexren", "MLSModificationTimestamp":"2026-07-25 00:10:39", "Neighborhoods":[{"Description":null, "Name":"Ford Highlands Add"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"URBANS ON 17TH BLK A LOT 1 .16 AC", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/25/2026 12:46:30 AM GMT
Source Updated Date: 7/26/2026 12:50:39 AM GMT

Courtesy of: Richard Guilliams, Luxe Estates Realty, LLC, Richard@LuxeEstatesRealty.com

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.