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$2,999,999
3 Days On Site

The Lofts at MT Pleasant
316 W 7 Street 100-124
Mount Pleasant, TX 75455

For Sale|Residential Income|Active
27
Beds
25
Full Baths
0
Partial Baths
20,028
SqFt
$150
/SqFt
1965
Built
Subdivision:
Mt Pleasant City Blocks
County:
Titus

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316 W 7 Street 100-124316 W 7 Street 100-124316 W 7 Street 100-124316 W 7 Street 100-124
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Prime Income-Producing Multifamily Property in Downtown Mount Pleasant. Exceptional investment opportunity in the heart of Downtown Mount Pleasant! This fully leased, income-producing multifamily building features 25 well-maintained apartment units—23 one-bedroom, one-bath units and 2 two-bedroom, one-bath units. Each unit ranges from approximately 850 to 1,000 square feet and offers modern finishes, including stainless steel appliances, granite countertops in kitchens and bathrooms, and sleek tile flooring throughout. Some kitchens are equipped with granite islands, adding extra prep and dining space. The property includes convenient on-site parking, a community laundromat for tenants, landscaped grounds, and a centralized community mailbox area. Located just minutes from the highway, this property offers easy accessibility while maintaining a walkable downtown location. A rare turnkey investment with stable occupancy—100% leased and generating consistent income

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Listing Snapshot
Price 
$2,999,999
Days On Site 
3 Days
Bedrooms 
27
Inside Area (SqFt) 
20,028 sqft
Total Baths 
25
Full Baths 
25
Partial Baths 
N/A
Lot Size 
1.136 Acres
Year Built 
1965
MLS® Number 
20925425
Status 
Active
Property Tax 
$16,054
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
1.136
Foundation 
Slab
Parking 
On SiteOutsideParking Lot
Parking Spaces 
25
Pets 
Yes
Security 
Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
20028
Stories 
One
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalRefrigerator
Cooling 
Ceiling Fan(s)Central AirElectric
Flooring 
Ceramic Tile
Heating 
CentralElectric
Interior 
Eat-in KitchenGranite CountersKitchen IslandOpen FloorplanPantryVaulted Ceiling(s)Walk-In Closet(s)
Laundry Features 
Common Area
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Exterior Features
Construction Details 
Brick
Fencing 
FencedWood
Lot Features 
Landscaped
Patio And Porch 
Covered
Roof 
Composition
Community Features
Community Features 
Curbs
Financing Terms Available 
1031 ExchangeCashConventionalPrivate Financing Available
School District 
Mount Pleasant ISD
Schools
School District
Mount Pleasant ISD
Elementary School
Annie Sims
Middle School
Wallace
High School
Mount Pleasant
Listing courtesy of Dennys Gonzalez of Texas Legacy Realty dg.sellingdfw@gmail.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-05-08 06:09 PM CDT

Neighborhood & Commute
Source: Walkscore
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