410 Lang Road, Portland, TX 78374

Portland
Local realty services provided by:Better Homes and Gardens Real Estate Winans
410 Lang Road,Portland, TX 78374
$4,900,000
Virtual Tour
  • 120 Beds
  • 64 Baths
  • 59,159 sq. ft.
  • Multi-family
  • Active
Listed by: brenton reagan
Office: cass real estate
MLS#:482480
Source:South Texas MLS

Price summary

  • Price:$4,900,000
  • Price per sq. ft.:$82.83

About this home

The Contessa Apartments in Portland comprise a landmark complex in a central part of booming Portland. With a steady NOI margin, it's a rare opportunity in Portland, and enjoys consistent 85-90%+ Occupancy rates with easy potential for more. Value-add growth potential is also here with updates. The 64-unit complex is broken into 8 buildings of 8 units each, and all are 2-story buildings with downstairs units and upstairs units. The 4.49 acre lot gives room between buildings, a central "park" area, and plenty of parking all around the complex. There is a managing office, card laundry room, and Owner's Suite 1/1 for Manager or Owner to stay in behind the office. The location puts this within 1 mile of HEB grocery store, the Portland Municipal Park & baseball fields, CVS, restaurants, shopping, medical offices, gas stations, Hwy. 181, and Gregory-Portland high school, middle school, and TM Clark Elementary. The full-time maintenance crew and office manager may be happy to continue on...

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Home facts

  • Year built:1976
  • Subdivision & Development:Gregory-Paul Sub Cfp Co
  • Listing ID #:482480
  • Added:10 day(s) ago
  • Updated:October 08, 2026 at 02:05 PM

Rooms and interior

  • Bedrooms:120
  • Total bathrooms:64
  • Full bathrooms:64
  • Flooring:Carpet, Tile
  • Kitchen Description:Electric Oven, Electric Range, Range Hood, Refrigerator
  • Living area:59,159 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1976
  • Building area:59,159 sq. ft.
  • Lot area:4.49 Acres
  • Lot Features:Interior Lot
  • Exterior Features:Storage
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Gregory Portland
  • Middle school:Gregory Portland
  • Elementary school:TMClark

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$4,900,000
  • Price per sq. ft.:$82.83
  • Tax amount:$118,227

Features and amenities

  • Appliances:Electric Oven, Electric Range, Range Hood, Refrigerator
  • Amenities:Air Filtration, Ceiling Fans, Smoke Detectors, Window Coverings

Parking

  • Total parking spaces:125
  • Parking description:Asphalt, Front Entry, On Street, Rear Side Off Street
MLS LogoBased on information from South Texas MLS, LLC as 2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein “AS IS” and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS® (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.

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