7261 State Highway 276, Point, Texas

$1,200,000

Active

Contact Agent

Call Email

Property Details

MLS ID: 21044847

Status: Active

Price: $1,200,000

Acres: 2.42±

Type: Apartment, Residential

Address: 7261 State Highway 276

City, State: Point, TX

County: Rains County

ZIP Code: 75472

Lat/Long: 32.89718, -95.89159

Parcel Number: R527

Year Built: 1980

Description

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!

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.

Maps

Get Directions

Steve Ruffner, DVM

Capitol Ranch Real Estate, LLC

Ask Steve a Question

Contact An Agent

Steve Ruffner, DVM

Capitol Ranch Real Estate, LLC

Ask Steve About This Property

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of September 13, 2025 at 12:00:00 PM UTC.

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: September 13, 2025 at 12:00:00 PM UTC

Listed By: Michael Barakatt of Coldwell Banker Apex, Realtors