About 7261 State Highway 276, Point, Texas, 75472
Unique Turn Key opportunity on 2.419 acres ! This 7 unit apartment complex is fully renovated and is at 100% capacity with renters on an annual contract! New Roof, Windows, HVACs, Appliances, Plumbing, Electrical, etc. This property offers something for the Investor and or the owner occupant ! With nearly 1.25 acres of open land with potential for various purposes or buildings, it opens up possibilities for additional income . All 7 units rented-occupied but no long term leases to have to honor! Very attractive cap rate! Email agent for more info!
7 Unit(s)
Utilities : Aerobic Septic, Co-op Electric, Co-op Water, Gravel/Rock, Septic
Parking Features: Gravel, Open, Parking Lot, Unpaved
14 Parking Space(s)
Security Features : Carbon Monoxide Detector(s), Smoke Detector(s)
Patio And Porch Features : Covered
Lot Features : Acreage, Few Trees
Lot Features : Metal
Cooling: Central Air, Electric
Heating : Central, Electric
Construction Materials: Siding
Foundation Details: Slab
Interior Features: Decorative Lighting, High Speed Internet Available, Open Floorplan
Appliances : Dishwasher, Electric Range, Microwave, Refrigerator
Flooring : Luxury Vinyl Plank
Levels : One
Green Verification Count : 0
Special Notes : Aerial Photo, Survey Available
Title Company Preferred: National Title-Reja
7 Unit(s)
Utilities : Aerobic Septic, Co-op Electric, Co-op Water, Gravel/Rock, Septic
Parking Features: Gravel, Open, Parking Lot, Unpaved
14 Parking Space(s)
Security Features : Carbon Monoxide Detector(s), Smoke Detector(s)
Patio And Porch Features : Covered
Lot Features : Acreage, Few Trees
Lot Features : Metal
Cooling: Central Air, Electric
Heating : Central, Electric
Construction Materials: Siding
Foundation Details: Slab
Interior Features: Decorative Lighting, High Speed Internet Available, Open Floorplan
Appliances : Dishwasher, Electric Range, Microwave, Refrigerator
Flooring : Luxury Vinyl Plank
Levels : One
Green Verification Count : 0
Special Notes : Aerial Photo, Survey Available
Title Company Preferred: National Title-Reja
Street Address: 7261 State Highway 276
City: Point
State: Texas
Postal Code: 75472
County: Rains
Directions:
GPS
From Quinlan, East on SH 276 for approx.14 miles.
From Emory , West on SH 276 for approx. 6 miles- One mile west of FM 47 intersection.
Property Information :
Listing Status: Active
Size: 5,984 Sqft
Lot Size: 2.42 Acres
MLS #: 21044847
Bathrooms: 0 ba
Price: $1,200,000
Construction Status: Built in 1980
Last Modified : Dec 15 2025 1:13AM
Courtesy of: Michael Barakatt, Coldwell Banker Apex, REALTORS (MLS# CBAP05)
Source MLS: NTREIS