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3205 Sam Rayburn
Brookeland, TX 75931

$1,500,000 USD

Apartments For Sale  •  14,200 SF

Property Details

  • Property Type Apartments
  • Total Building Size 14,200 SF
  • Lot Size 4.1 AC
  • Building Class B
  • Year Built 2016
10 Walk Score

Description

Rare opportunity to acquire three contiguous buildings less than a mile from Lake Sam Rayburn, offering strong, stable cash flow with room to grow. The portfolio features 11 fully leased units — each 800 sq ft with 2 bedrooms, 2 bathrooms, tiled flooring, and appliances included. Concrete driveways, covered front and rear porches, and easy Sam Rayburn Parkway access support excellent tenant retention. Infrastructure is already in place to add 7 additional units, providing immediate upside potential. Behind the residential buildings sits a 4,000 sq ft commercial shop with 3 roll-up doors, a private office, and an attached 1,400 sq ft apartment with 2 bedrooms and 2 bathrooms — ideal for an owner-operator or as added income. No longer subject to an HOA, this is now an unrestricted property — use it, expand it, and operate it entirely on your terms. A truly turn-key multi-family and commercial investment in the heart of Rayburn Country.

Highlights

Three fully leased residential buildings offering 11 income-producing units, each featuring two bedrooms, two bathrooms, and tiled flooring.
Infrastructure is in place to support the addition of seven more units, creating significant development and income growth potential.
Includes a 4,000-square-foot commercial shop with three roll-up doors, a private office, and an attached two-bedroom, two-bath apartment.
Located less than a mile from Lake Sam Rayburn with unrestricted property status and convenient access to Sam Rayburn Parkway.
Denise Quick 409-698-8299 Rayburn Realty
Denise Quick 409-698-8299 Rayburn Realty