Skip main navigation
Pending
  • $6,200,000

    2900 Fm 225 S, Henderson, TX 75654

    80beds
    3baths
    68,920sqft
    : 
    Duplex
    Built in 1982
    -- sqft lot
    $-- Zestimate®
    $90/sqft
    $-- HOA

    What's special

    Maintenance shopVariety of floorplansSeveral storage areasLaundry facilityOnsite leasing office
    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. An excellent location, situated on 10-1/2 landscaped acres and a peaceful country setting, you are just minutes away from shopping and dining, making a daily commute a breeze. As an upside potential, there is room for rent increases and the possibilities of value-add opportunities, an investment with the likelihood for increased returns. For the duration of the past 10 years, the property has been professionally managed, ensuring tenants’ satisfaction and property upkeep, with preventative maintenance performed as well as prompt attention to all work order repairs asked of the tenants; minimizing capital expenditures for the new owner. Each of the 42 buildings had new roofs replaced in June 2023, with a 20 year shingle and comes with a transferrable warranty to the new owner. 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.
    136 days
    on Zillow
    |
    10
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 25, 2025 at 05:19pm

    Listed by:

    Kelly Hale,

    Texas Real Estate Executives-Gladewater

    Source: GTARMLS,MLS#: 24016598MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 80
    • Bathrooms: 3
    Heating
    • Central Electric
    Cooling
    • Central Electric
    Appliances
    • Included: Range/Oven-Electric, Free-Standing Range, Refrigerator
    Features
    • Ceiling Fan(s), Pantry
    • Flooring: Vinyl Plank
    • Windows: Blinds
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 68,920
    • Total interior livable area: 68,920 sqft

    Property

    Parking
    • Parking features: 1 Or More Per Unit
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Patio & porch: Patio Covered, Porch
    • Fencing: Chain Link,Partial,Wood
    Lot
    • Size: 12 Acres
    Details
    • Zoning description: Multi Fam Dwelling 2 ½ St
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick and Wood
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1982

    Utilities & green energy

    • Electric: Individual Electric Meter, Company: Swepco
    • Gas: Company: Centerpoint
    • Sewer: Public Sewer
    • Water: Public, Company: City
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: None
    Location
    • Region: Henderson

    Financial & listing details

    • Price per square foot: $90/sqft
    • Annual tax amount: $109,207
    • Date on market: 12/11/2024
    • Listing terms: Assumable,Conventional,Must Qualify,Cash
    • Tenant pays: Electricity, Cable TV, Other/See Remarks
    • Loading