$1,999,990
24 Beds
22 Baths
12,000 sqft
196 W 17th, Mount Pleasant, TX 75455
Est. Mortgage $12,903/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2024
$167/sqft
1 Car Garage
Local Information
- Map ViewExplore the area around 196 W 17th.
- Schools2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
What's unique:Modern finishesAttached one-car garageThoughtfully designed residenceAdditional parking spaceLow-maintenance fenced backyard
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.
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.
Last check for updates: about 2 hours ago
Listing courtesy of Richard Guilliams 0598248, (469) 831-6893
Luxe Estates Realty, LLC, 469-831-6893
Source: NTREIS, MLS#21333929
Also Listed on NTREIS.
Home Details for 196 W 17th
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Beds & Baths Number of Bedrooms: 24Number of Bathrooms: 26Number of Bathrooms (full): 18Number of Bathrooms (half): 8 |
Dimensions and Layout Living Area: 12000 Square Feet |
Appliances & Utilities Utilities: Natural Gas Available, Other, Sewer Available, Separate Meters, Water Available, Cable AvailableAppliances: Some Gas Appliances, Built-In Gas Range, Dishwasher, Disposal, Gas Water Heater, Microwave, Plumbed For Gas, RefrigeratorDishwasherDisposalMicrowaveRefrigerator |
Heating & Cooling Heating: Central,Natural GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central |
Windows, Doors, Floors & Walls Flooring: Luxury Vinyl Plank |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Luxury Vinyl Plank |
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Exterior Home Features Roof: ShingleFencing: Back Yard, Wrought IronFoundation: Slab |
Parking & Garage Number of Covered Spaces: 1Has a GarageHas an Attached GarageParking Spaces: 16Parking: Direct Access,Door-Single,Driveway,Enclosed,Garage,Garage Door Opener,Garage Faces Rear |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 62 |
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Year Built Year Built: 2024 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Brick, Other |
Property Information Not Included in Sale: Tenants personal furniture and personal belongings.Parcel Number: 256243 |
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Price List Price: $1,999,990Price Per Sqft: $167 |
Status Change & Dates Possession Timing: Close Of Escrow, Negotiable |
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MLS Status: Active |
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Direction & Address City: Mt PleasantCommunity: Ford Highlands Add |
School Information Elementary School: Vivian FowlerElementary School District: Mount Pleasant ISDJr High / Middle School: Wallace, Mount PleasantJr High / Middle School District: Mount Pleasant ISDHigh School: Mount PleasantHigh School District: Mount Pleasant ISD |
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Listing Agent Listing ID: 21333929 |
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Building Area Building Area: 12000 Square Feet |
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No HOA |
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Lot Area: 6969.6 sqft |
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Listing Terms: Cash, Conventional, 1031 Exchange |
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Mls Number: 21333929Living Area Range Units: Square FeetAttribution Contact: 469-831-6893 |
Around this home
What Locals Say about Mount Pleasant
At least 59 Trulia users voted on each feature.
90 % Say car is needed
83 % Say yards are well-kept
72 % Say parking is easy
65 % Say they plan to stay for at least 5 years
65 % Say kids play outside
64 % Say there's holiday spirit
54 % Say it's dog friendly
53 % Say it's quiet
49 % Say there's wildlife
47 % Say streets are well-lit
45 % Say neighbors are friendly
45 % Say people would walk alone at night
40 % Say it's walkable to restaurants
35 % Say there are community events
34 % Say there are sidewalks
29 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
Market trends in Mount Pleasant
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
153
9MoM
Home Value
Trulia Estimate
$1.85MSince last month
Decreased$12K (-0.6%)Since last year
Increased$2M (+447.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +433% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.85M |
| August 2026 | $1.86M |
| July 2026 | $1.9M |
| June 2026 | $291K |
| May 2026 | $292K |
| April 2026 | $293K |
| March 2026 | $310K |
| February 2026 | $308K |
| January 2026 | $312K |
2025 | |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.68 | Multi-Family Home | - | 05/06/26 | - | 4,472 | ||
1.68 | Multi-Family Home | - | 04/24/26 | - | 4,472 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $599,000 | - | - | - | For Sale | |
0.12 | $235,000 | - | - | - | For Sale | |
0.13 | - | - | - | - | Off Market | |
0.30 | $875,000 | 38 | 20.5 | 15,000 | For Sale | |
0.32 | - | - | - | - | Off Market | |
0.32 | $120,000 | - | - | - | For Sale | |
0.32 | - | - | - | - | Off Market | |
0.32 | - | - | - | - | Off Market | |
0.32 | - | - | - | - | Off Market | |
0.32 | - | - | - | - | Off Market | |
0.32 | - | - | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 24, 2026 Source: NTREIS #21333929 | Listed For Sale | $1,999,990 |
Jul 14, 2026 Source: NTREIS #21157099 | ListingRemoved | $299,000 |
Apr 24, 2026 Source: NTREIS #21157099 | PriceChange | $299,000 Price decreased by 5% |
Jan 14, 2026 Source: GTARMLS #26000639 | Listed For Sale | $315,000 |
Nov 24, 2025 Source: GTARMLS #25001697 | ListingRemoved | $315,000 |
Jul 23, 2025 Source: GTARMLS #25001697 | PriceChange | $315,000 Price decreased by 3% |
Jul 11, 2025 Source: GTARMLS #25001697 | PriceChange | $325,000 Price decreased by 6% |
Apr 18, 2025 Source: NTREIS #20754272 | PriceChange | $345,000 Price decreased by 1% |
Oct 1, 2024 Source: GTARMLS #24013660 | Listed For Sale | $350,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,460 | $362,770 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Richard Guilliams, Luxe Estates Realty, LLC, 469-831-6893
Agent Phone: (469) 831-6893
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Frequently asked questions about 196 W 17th
- What is the estimated monthly payment for 196 W 17th?Based on a $1,999,990 list price with 20% down at today's rates, the estimated monthly payment for 196 W 17th in Mount Pleasant, TX is approximately $13,070 (about $10,995 principal & interest, $2,000 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Mount Pleasant?Residents describe Mount Pleasant, TX as well-kept, easy to park in, and established. Most residents say you need a car. See homes for sale in Mount Pleasant, TX.
- What are the closest schools to 196 W 17th?The closest schools to 196 W 17th in Mount Pleasant, TX are Mount Pleasant High School (rated 7/10), Mount Pleasant Junior High School (rated 6/10), P E Wallace Middle School (Elementary, rated 5/10).
- What is 196 W 17th estimated to be worth?Trulia's estimated value for 196 W 17th in Mount Pleasant, TX is $1,850,200.
- Does 196 W 17th have air conditioning?Yes, 196 W 17th in Mount Pleasant, TX has air conditioning.
- Is there a virtual tour of 196 W 17th?Yes, a virtual tour of 196 W 17th in Mount Pleasant, TX is available.
196 W 17th, Mount Pleasant, TX 75455 is a 24 bedroom, 26 bathroom, 12,000 sqft multi-family built in 2024. This property is currently available for sale and was listed by NTREIS on Jul 24, 2026. The MLS # for this home is MLS# 21333929.