2900 S FM 225, Henderson, TX 75654
Local realty services provided by:Better Homes and Gardens Real Estate I-20 Team
2900 S FM 225,Henderson, TX 75654
$6,200,000
- - Beds
- - Baths
- 68,920 sq. ft.
- Multi-family
- Pending
Listed by:kelly hale
Office:texas real estate executives-gladewater
MLS#:24016598
Source:TX_GTAR
Price summary
- Price:$6,200,000
- Price per sq. ft.:$89.96
About this home
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.
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Home facts
- Year built:1982
- Listing ID #:24016598
- Added:304 day(s) ago
- Updated:October 10, 2025 at 07:01 PM
Rooms and interior
- Living area:68,920 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Central Electric
Structure and exterior
- Roof:Composition
- Year built:1982
- Building area:68,920 sq. ft.
- Lot area:12 Acres
Schools
- High school:West Rusk
- Middle school:West Rusk
- Elementary school:West Rusk
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$6,200,000
- Price per sq. ft.:$89.96
- Tax amount:$109,207
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