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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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196 W 17th St , Mount Pleasant, TX 75455
$1,999,990
Est. Payment: $10,296.82/mo
24 Bed
22 Bath
12000 Sqft
Status: active | Days on site: 31
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by Richard Guilliams , Luxe Estates Realty, LLC , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

2024

County

Titus

Neighborhood

Ford Highlands Add

School District

Mount Pleasant ISD

Listing ID

21333929

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:24
  • Bathrooms:22
  • Full Bathrooms:18
  • 1/2 Bathrooms:8
Appliances:Built-in Gas Range, Dishwasher, Disposal, Gas Water Heater, Microwave, Plumbed For Gas in Kitchen, Refrigerator
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Luxury Vinyl Plank
Other:
  • Additional:Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Kitchen Island, Open Floorplan

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Garage Capacity:16
Roof:Shingle
Others:
  • Additional:New Construction - Complete
Parking Features:Direct Access,Driveway,Enclosed,Garage,Garage Door Opener,Garage Faces Rear,Garage Single Door
Principal Interest
$10,297
Taxes
$1,275

Home Price

$1,999,990

Loan Details

30 yrs
6.674%

Down Payment

20%
$399,998
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,296.82

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,296.82 $1,274.99 $0.00 $11,571.81
Yearly $123,561.80 $15,299.92 $0.00 $138,861.73
Total $3,706,854.15 $458,997.71 $0.00 $4,165,851.85

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Mount Pleasant, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems