2900 & 2902 S FM 225, Henderson, TX 75654
Local realty services provided by:CENTURY 21 Platinum Partners
2900 & 2902 S FM 225,Henderson, TX 75654
$5,350,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kelly hale
Office: texas real estate executives, the daniels group - gladewater
MLS#:20247442
Source:TX_LAAR
Price summary
- Price:$5,350,000
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 #:20247442
- Added:471 day(s) ago
- Updated:March 23, 2026 at 02:39 PM
Rooms and interior
- Basement Description:Slab
Heating and cooling
- Cooling:Central, Electric
- Heating:Central, Electric
Structure and exterior
- Year built:1982
- Lot Features:Landscaped
- Construction Materials:Brick
- Exterior Features:Covered Patio
- Foundation Description:Slab
Utilities
- Water:City Water
- Sewer:City Sewer
Finances and disclosures
- Price:$5,350,000
- Tax amount:$109,207
Features and amenities
- Laundry features:Community Laundry, Dryer/gas
- Amenities:Covered Patio, Electric Water Heater, Separate Water Heater, Workshop
Parking
- Parking description:Parking Pad
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