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196 W 17th Street, 
Mt Pleasant, TX 75455

$1,999,990


24

Beds


26

Baths


12,000

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Richard Guilliams

Luxe Estates Realty, LLC.

Last updated:

July 31, 2026, 12:08 PM

MLS#

21333929

Source:

GDAR

About This Home

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.

Home Facts

Multi-Family

26 Baths

24 Bedrooms

Built in 2024

Subdivision & Development:

Ford Highlands Add

Price Summary

1,999,990

$166 per Sq. Ft.

MLS #:

21333929

Last Updated:

July 31, 2026, 12:08 PM

Added:

11 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

24

Bathrooms

Total Bathrooms:

26

Full Bathrooms:

18

Interior

Living Area:

12,000 Sq. Ft.


Structure

Structure

Building Area:

12,000 Sq. Ft.

Year Built:

2024


Lot

Lot Size (Sq. Ft):

6,969


Finances & Disclosures

Finances

Price:

$1,999,990

Price per Sq. Ft:

$166 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated July 31, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Richland Chambers Realty.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.