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815 16th

Mount Pleasant, TX 75455

$875,000

19 units · 1986

Units19
Building area15,000 sq ft
Year built1986
Gross income$113,641/yr
Cap rate8.88% as listed
Parking20 spaces
Lot size2.24 acres
TypeResidential Income

What it costs to own

TaxesNot provided by the listing
HOANone listed
Operating expenses$35,871 per year — as listed
Net operating income$77,700 per year — as listed

About this home

Investment opportunity in the heart of Mount Pleasant! Don’t miss this unique chance to own 19 manufactured homes situated on 2.24
acres within the city limits. This property offers a great location with convenient access to local amenities, making it an appealing option
for investors looking to expand their rental portfolio or generate steady income potential. With multiple homes on one tract, this property
provides flexibility, scale, and strong long-term possibilities. Opportunities like this are hard to find—schedule a showing today!

The details

HeatingOther
CoolingWindow Unit(s)
FlooringOther
AppliancesElectric Range
Interior featuresOther
Bathrooms20 full · 1 half

Construction materialsSiding
RoofMetal
FoundationPillar/Post/Pier

Water sourceCity Water
SewerCity Sewer
ElectricElectricity Connected

ElementaryVivian Fowler
Middle schoolMount Pleasant
High schoolMount Pleasant
DistrictMount Pleasant ISD

Gross income$113,641 per year
Operating expenses$35,871 per year
Cap rate8.88% — as listed
Net operating income$77,700 per year

MLS #21368949
Source
On the market1 day
CountyTitus

Around this home

One moment…

Everyday life

Nearest groceryBrookshire's · 1.1 mi
Nearest parkEdwards Park · 0.1 mi

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Listing courtesy of Buchanan Realty — Brad Buchanan.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21368949. Information last updated August 25, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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