Residential Investment Property on 8.5 Acres with 23 Rentable Units

10762 FM 607 N, Brownsboro, TX 75756

  • For Sale $3,814,545
  • Property Type Multi-Family
  • Property Size 35,280 SF
  • Units 23
  • Lot Size 8.5 Acre
  • Date Updated Jun 16, 2025
Explore the exceptional investment potential of this 23-unit property on 8.5 acres located in Brownsboro, Texas. Originally settled in 1849, the city of Brownsboro is situated in Henderson County, and is a suburban-rural community located 20 miles west of the vibrant city of Tyler and 80 miles east of the Dallas metroplex. With a highly accessible, desirable, and strategic location in the Brownsboro ISD and no zoning, this income-producing property presents a unique opportunity for multifamily and manufactured home investors. There are 23 single family residential units (including a unit that is currently under renovation for a residential rental unit), and a management office with storage areas. Each home has a washer and dryer, kitchen appliances, wood deck, and the property is fenced. This investment allows investors to meet the growing demand for affordable, quality housing in a well-connected community. Prospective buyers and their representatives are responsible for conducting their own due diligence, which includes consulting with authorities, confirming access to utilities, and zoning confirmation. This information is not to be considered a substitute for professional guidance and independent verification. **All property tours must be scheduled through the listing agent, and tenants and staff must not be disturbed. Proof of funds or a lender approval letter is required prior to scheduling tours.** Total of 23 rentable units on 8.5 acres Management office and storage areas on-site 8.25% Cap Rate Each unit has kitchen appliances and washer and dryer Situated in an accessible, growing area in a suburban-rural community Property website:
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Attachments

Highlights

  • Age: 1-5 Years Old
  • Appliances: Dishwasher
  • Appliances: Dryer
  • Appliances: Range / Oven
  • Appliances: Refrigerator
  • Appliances: Washer
  • Lot Size: 5-10 Acres
  • Sewer: Septic
  • Water: Other Water Source

Contacts

broker

Coldwell Banker Commercial Apex, Realtors

broker

Coldwell Banker Commercial Apex, Realtors

Location

Getting Around

  • Walk Score ®

    5/100 Car-Dependent
  • Bike Score ®

    19/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Brownsboro, TX
  • Neighborhood Brownsboro
  • Zip Code 75756

Points of Interest

  • Valero

    1.25 miles

  • Shell

    1.51 miles

  • Exxon

    1.60 miles

  • Chevron

    6.72 miles

  • Brookshire's Fuel Center

    9.72 miles

  • Dot's Family Restaurant

    1.41 miles

  • Sonic

    1.51 miles

  • Victoria's Authentic Mexican Restaurant

    6.81 miles

  • Whataburger

    9.10 miles

  • Boathouse Bar and Grill

    9.51 miles

  • Taco Bell

    9.59 miles

  • Brownsboro Intermediate School

    0.73 miles

  • Brownsboro High School

    0.81 miles

  • Brownsboro Junior High School

    0.98 miles

  • Brownsboro Elementary School

    1.02 miles

  • Pine Bluff School

    6.17 miles

  • Murchison Elementary and Middle School

    6.71 miles

  • Arc Ridge School

    8.41 miles

  • Chandler Intermediate School

    8.96 miles

  • Chandler Elementary School

    9.12 miles

  • Ash School

    9.65 miles

Frequently Asked Questions

How much does Residential Investment Property on 8.5 Acres with 23 Rentable Units cost?

The space currently listed for sale at Residential Investment Property on 8.5 Acres with 23 Rentable Units asks for $3,814,545.

What is the total square footage of Residential Investment Property on 8.5 Acres with 23 Rentable Units?

Residential Investment Property on 8.5 Acres with 23 Rentable Units totals 35,280 square feet.

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