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 / mo. | ~ 1,400 SF. 16 parking spots (2 per unit). Modern interior finishes. Contact agent for OM.
| MLS # | 25009171 |
|---|---|
| Listing Type | For Sale |
| Style | Building |
| Sub-Type | Resale |
| Status | Active |
| Year | 2023 |
| Days On Site | 513 |
| Listing Provided By | Drake Real Estate & Investments | Jeremy Caruthers |
| SQ Feet | 12,888 |
|---|---|
| Units | 8 |
| Building(s) | 1 |
| Acreage | 2.07 |
| Cooling | Central Electric, Individual Controlled |
|---|---|
| Heating | Central |
| Lot Features | Inside City Limits |
|---|---|
| Construction Materials | Siding |
| Security Features | Security Lights |
| Parking Features | Off Street |
|---|
| Utilities | Separate Electric Meter, Electric On Site |
|---|---|
| Sewer | Public Sewer |
| Water Source | Public |
| Tax Annual Amount | 14875 |
|---|---|
| Tax Legal Description | Henrichson Subd Lot 2 |
| Tax Year | 2025 |
| State | TX |
|---|---|
| County | Smith |
| City | Flint |
| Zip Code | 75762 |
| Area | Smith |
| Listing VS Median (in 75762) | |
Price: $2,541,000 low | high Med: $364,275 sqft: 12,888 low | high Med: 2,010 $ / sqft: $197 low | high Med: $187 On site: 513 low | high Med: 96.5 | |
| State | TX |
|---|---|
| County | Smith |
| City | Flint |
| Zip Code | 75762 |
| Area | Smith |
| Listing VS Median (in 75762) | |
Price: $2,541,000 low | high Med: $364,275 sqft: 12,888 low | high Med: 2,010 $ / sqft: $197 low | high Med: $187 On site: 513 low | high Med: 96.5 | |