Andy Flack
HomeLand Properties, Inc.
Unlock a unique opportunity to own a well-maintained, income-producing multi-family property in Northeast, Texas, just minutes from Paris and within an easy drive of the growing Dallas-Fort Worth Metroplex (DFW). This attractive investment includes a 7-unit apartment complex, a separately metered duplex, and an additional lot — all with strong occupancy history, reliable tenants, and meaningful recent upgrades.
Perfect for investors looking for cash flow real estate in Northeast Texas with convenient access to larger cities and major highways.
Apartment Building
Built in 1982 Approx. 7,000 sq. ft. Seven (7) units
Each unit: 2 Bedrooms - 1.5 Bathrooms
$75,000+ in upgrades — five units updated with fresh finishes and the entire exterior upgraded with Hardie Board siding
All but two exterior AC units replaced within the last 10 years
Shared master water meter with individual shut-offs for each unit; tenant-paid electric
On-site parking and good curb appeal
Stable occupancy with opportunity to increase rents on renewals
Duplex
Built in 1999 Approx. 925 sq. ft. per side Two (2) units
Each unit: 2 Bedrooms - 1 Bathroom
One side updated: other side occupied by a long-term tenant of 9+ years
New roof installed in April 2024
Each unit separately metered for water, trash, and electric
Reliable tenants and steady income stream
Additional Lot Included in the offering — use for parking, outdoor space, or possible future development
Solid multi-family unit mix: 7-unit apartment complex plus duplex
Recent capital improvements: siding, interior unit updates, HVAC systems, and new duplex roof
Stable occupancy with long-term tenants and below-market rents = built-in value-add upside
Quiet small-town setting that appeals to local workforce tenants, retirees, and families
Regional rental market with reliable demand and proven appreciation potential
Directions: From Loop 286, take HWY 82 East to Blossom. At flashing light turn left on to Holly St. Complex on the left
Andy Flack
HomeLand Properties, Inc.
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Listed By: Kim Ross of United Country Altaterra Realt