2 months on rocket

1434 16th, Mount Pleasant, TX, 75455

$4,250,000

2 Bedrooms
1 Full Bath
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
ParkingCommon
Year Built2023
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #20529445
Lot Size5.38 Acres
StatusActive

About 1434 16th

I'm pleased to present the exclusive offering of Heritage Apartments, a unique, turn-key opportunity in Mount Pleasant, Texas. The property consists of 48 total units averaging 800 square feet. With 16 units constructed in 2023, 16 units constructed in 2021, and 16 units constructed in 2022 (all exterior have been remodeled and 7 interior have been remodeled). Heritage apartments all have the same two bedroom, 1 bathroom floorplan. All units have individual HVACs and electric hot water heaters. The property is currently 100% occupied. Plus. an oversized laundromat with owned washers and dryers for additional income.

Property Details

Property Features

Property Information:

  • Year Built: 2023

Listing Office:

  • Office Name: Lighthouse Realty
  • Office Phone: (903) 573-2324
  • Listing Agent: Brad Buchanan

Interior Features

Interior Information:

  • Appliances: Electric Range
  • Flooring Type: Laminate
  • Interior: Cable TV

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Common

Virtual/3D Tour

  • Virtual Tour: 1434 16th

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 5.38 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Mount Pleasant High School, Public District Grades 9-12
  • Mount Pleasant Jr High School, Public District Grades 7-8
  • P E Wallace Middle School, Public District Grades 5-6
  • Vivian Fowler Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: From I-30 E, take exit 160 onto US-271, turn right on W Ferguson Rd, left on W 16th, property on the left before Heritage Park

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,250,000
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Housing Market Comparison

See how this home compares to others in Mount Pleasant, TX.

Med. List Price

$332.4K

Med. Price/SqFt

$161

Avg. Days On Market

74

# of Sold Homes

3

1434 16th vs Mount Pleasant

87 DAYS ON ROCKET

+13 Days

$4,250,000

+$3.9M More

KEY TAKEAWAY

This property is $3.9M more than the Median List Price in Mount Pleasant, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20529445

Listing Office:

  • Office Name: Lighthouse Realty
  • Office Phone: (903) 573-2324
  • Listing Agent: Brad Buchanan

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/4/2024, 9:20:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$21.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.8K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5866589
4
/10
  • Vivian Fowler Elementary School

  • 503 N Otyson St

  • 1.33 miles

  • Public District Grades KG-4

Middle School

school-card-donut-5866590
6
/10
  • Mount Pleasant Jr High School

  • 2801 Old Paris Rd

  • 0.97 miles

  • Public District Grades 7-8

school-card-donut-5866591
3
/10
  • P E Wallace Middle School

  • 504 Dunn Ave

  • 2.34 miles

  • Public District Grades 5-6

High School

school-card-donut-5866592
5
/10
  • Mount Pleasant High School

  • 2110 N Edwards Ave

  • 0.70 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,280. The most common annual income of people living in Mount Pleasant, TX is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1434 16th

What is the listing price of this property?

The listing price of 1434 16th property is $4,250,000.

What type of property is this?

The property 1434 16th is a condo located in Mount Pleasant, Texas, 75455.

Is this property for sale now?

Active Listing: 1434 16th is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1434 16th are:
Vivian Fowler Elementary School: GreatSchools Rating 4/10
Mount Pleasant Jr High School: GreatSchools Rating 6/10
P E Wallace Middle School: GreatSchools Rating 3/10
Mount Pleasant High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 1434 16th has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1434 16th is 2023.
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Rocket HomesTexasTitus CountyMount Pleasant754551434 16th

This home is located at 1434 16th in Mount Pleasant, TX and zip code 75455. This home, which was built in 2023, sits on a 5.38 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 06, 2024 and is currently priced at $4,250,000.

The inventory of homes for sale in Mount Pleasant, TX between March 2024 and April 2024 increased by 20%. The median list price of listings available in April 2024 was $332,450, while the average time on the real estate market was 74 days.

From Rocket Homes Real Estate and based on county public records data.

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