18747 Fm 2493, Flint, Texas

$2,541,000

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Property Details

MLS ID: 20965019

Status: Active

Price: $2,541,000

Acres: 2.07±

Type: Fourplex, Residential

Address: 18747 Fm 2493

City, State: Flint, TX

County: Smith County

ZIP Code: 75762

Lat/Long: 32.20706, -95.40250

Parcel Number: R144266

Year Built: 2023

Description

The Shires - New 8 Unit Townhome Complex. Newly constructed and 100% occupied 8-unit townhome complex in Flint, Texas with value-add upside! Purchasers will have the opportunity to develop 20 more units on an additional 1.5 acres primed for vertical construction.

Highlights:

• Year 1 NOI: $125,268.

• Additional land + infrastructure for developers.

• Per Unit: 3 bedroom, 2 bathroom. ~ $1,896 rent per mo. ~ 1,400 SF.

• 16 parking spots (2 per unit).

• Modern interior finishes.

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Directions: From the intersection of Loop 49 and FM 2493, head south on FM 2493. Property will be on the left in approx. 2.5 miles.

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Creager Davis

Capitol Ranch Real Estate, LLC

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Creager Davis

Capitol Ranch Real Estate, LLC

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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: August 1, 2025 at 12:00:00 PM UTC

Listed By: Matthew Marshall of Drake Real Estate & Investment