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.
For sale
$6,200,000
2900&2902 S Dm #225, Henderson, TX 75654
--beds
--baths
--sqft
Est.:
Duplex
Built in 1982
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Maintenance shopVariety of floorplansSeveral storage areasLaundry facilityOnsite leasing office
- 137 days
- on Zillow |
- 99 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: March 25, 2025 at 05:20pm
Listed by:
Kelly Hale 903-235-2014,
Texas Real Estate Executives, The Daniels Group - Gladewater
Source: LGVBOARD,MLS#: 20247442

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Range/Oven, Free Standing Range/Oven, Vented Exhaust Fan, Refrigerator, Electric Water Heater, Separate Heater
- Laundry: Gas Dryer Hookup, Common Area
Features
- Pantry, Ceiling Fan(s), High Speed Internet
- Flooring: Vinyl
- Windows: Shades/Blinds
- Has fireplace: No
- Fireplace features: None
Property
Parking
- Parking features: No Garage, Parking Pad
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered
- Fencing: Partial
Lot
- Features: Landscaped
Details
- Additional structures: Workshop
- Parcel number: 4643,31140,10145
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick
- Foundation: Slab
- Roof: Composition,Gable
Condition
- Year built: 1982
Utilities & green energy
- Electric: Separate Meter-Electric, Electric, Separate Meter, City
- Gas: Gas, Centerpoint
- Sewer: Public Sewer
- Water: City Water, City
- Utilities for property: Cable Available, Electricity Available
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Henderson
Financial & listing details
- Annual tax amount: $109,207
- Price range: $6.2M - $6.2M
- Date on market: 12/10/2024
- Listing terms: Cash,Assume-Qualify,Conventional
- Tenant pays: Electricity
- Road surface type: Paved
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