196 W 17th Street, Mt Pleasant, Texas 75455

  • 2024
  • 24
  • 26

For Sale

$1,999,990
ActiveListing ID #21333929
Basic Details
Residential Income
Active
21333929
2024
$1,999,990
0.16
12,000 Sqft
24
26
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.

Features
Brick, Other
Shingle
Back Yard, Wrought Iron
Central, Natural Gas
Central Air, Electric, Ceiling Fan(s)
Sewer Available, Water Available, Cable Available, Natural Gas Available, Separate Meters, Other
Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Cable TV, Decorative/Designer Lighting Fixtures
Public Sewer
Door-Single, Driveway, Garage, Garage Door Opener, Enclosed, Direct Access, Garage Faces Rear
Neighborhood
Vivian Fowler
Wallace,Mount Pleasant
Mount Pleasant
Mount Pleasant ISD
Additional Information
8
Richard Guilliams
Luxe Estates Realty, LLC
Address Map
196
W 17th Street
Ford Highlands Add
Mt Pleasant
TX
75455
Titus
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    Data last updated: 09/19/2026 1:38 AM
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    For Sale

    $1,999,990
    ActiveListing ID #21333929
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