Henderson, TX 75654 2900 S FM 225

2900 S FM 225 Henderson, TX - Image 12900 S FM 225 Henderson, TX - Image 22900 S FM 225 Henderson, TX - Image 3
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  • North Texas Real Estate Info Systems (NTREIS) - 37 - TX
  • MLS# 20794964
  • 12/11/2024
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Presented By: Kelly Hale with Texas Real Estate Executives; 903-680-4663
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
  • SQFT • 68,920
  • Year Built • 1982

Home Details

Outstanding Investment Potential! Welcome to Southern Hills Duplex Apartments, a lucrative investment opportunity where comfortable and convenient living come together. This multi-family apartment community offers an attractive living experience on the outskirts of Henderson TX. With a variety of floorplans, this duplex apartment community offers 1, 2, and 3 bedroom layouts; with the making up of 80 livable units, an onsite leasing office, laundry facility, maintenance shop and several storage areas throughout the community. This multi-family duplex community represents a fantastic investment opportunity with a history of strong financial performance and extended stay tenants. Whether you are an experienced investor or new to real estate, this property offers a secure and rewarding venture. Call today to schedule your private showing. Seller has a current survey on file for each address. 2902 FM 225 S, is the adjacent lot, offering an additional 1.5 acres, for a total of 12 acres for the new buyer. The vacant lot has utilities in place and room to build additional rentals or add amenities if desired. The lot is currently zoned multi-family. New roofs 2023.
Presented By: Kelly Hale with Texas Real Estate Executives; 903-680-4663

Interior Features for 2900 S FM 225

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Total Stories1

General for 2900 S FM 225

Additional Parcels Y/NNo
Attached Garage No
AttributionContact903-680-4663
Business NameSouthern Hills Duplex
Business TypeCommercial, RealEstate, Rental
Carport Y/NNo
CityHenderson
Community FeaturesCommunityMailbox, Curbs, Sidewalks
Construction MaterialsBrick
CoolingCentralAir, CeilingFans, Electric
CountyRusk
DirectionsFrom 79 in Henderson, turn onto FM 225 S, also known as Laneville Hwy. Property will be half of mile down on the right.
Electric On Property Y/NNo
Garage Y/NNo
Gross Income734348.0
HOANo
HeatingCentral, Electric
Home Warranty Y/NNo
Land Lease Y/NNo
Leasable Area68920.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet522720.0
Lot Size UnitsAcres
MobileHomeRemainsYNNo
ModificationTimestamp2025-03-26T00:18:45.700-00:00
Net Operating Income99363.0
New ConstructionNo
Number Of Units Total80
Occupancy TypeTenant
PossessionCloseOfEscrow
Possible UseOther
Property Attached Y/NNo
Property Sub Type AdditionalBusiness
Property SubtypeBusiness
Property TypeCommercialSale
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActiveUnderContract
StatusActiveUnderContract
Subdivision NameNo
Tenant PaysElectricity, Other
UtilitiesCableAvailable, ElectricityConnected, PhoneAvailable, SewerAvailable, UndergroundUtilities, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1982
Year Built DetailsPreowned
Zoning DescriptionMultifamily

Exterior for 2900 S FM 225

Building Area Total68920.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
InclusionsBusiness, Furniture, Inventory, Land & Improvements
Irrigation Water Rights Y/NNo
Lot Size Acres12.0
Lot Size Area12.0
Lot Size SourceAssessor
Open Parking Y/NNo
Parking FeaturesAsphalt
Road Frontage TypeFarmToMarketRoad
Road Surface TypeAsphalt
SpaNo
Water SourcePublic

Additional Details

Price History

Suzanne Smith

Broker/Owner
Price $6,200,000
MLS#20794964
List Date 12/11/2024
Property Type Contingent
Phone 903.235.4216
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