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$3,700,000
32 Beds ⋅ 32 Baths ⋅ 21373678 MLS
Located in Center, TX, Town Square presents an opportunity to acquire a stabilized, mixed-use investment featuring 24 units consisting of one- and two-bed floorplans alongside 4 commercial office spaces in a modern development completed in 2011. Purpose built to serve both long-term residents and corporate housing demand, most units come fully furnished, and all are equipped with in-unit washers and dryers and internet, offering a true turnkey living experience. With an ideal location walking distance to downtown, Town Square benefits from Shelby County’s various economic drivers including energy, manufacturing and government employment. Additionally, the commercial component provides diversified income with existing tenancy and additional leasing upside. With newer construction, minimal anticipated capital expenditures, a diversified revenue stream, and one of the few professionally managed market-rate apartment communities in the area, Town Square offers investors a combination of stable in-place cash flow and long-term value creation opportunities. Investors can boost NOI by leasing out two vacant office spaces. Owners spent $75k finishing them out, complete with HVAC, electric, plumbing, kitchen, bathrooms, and individual offices. Asking lease rates will be $2,200 for the larger space and $1,700 for the smaller unit, bringing annual gross potential to $46,800. Other value add opportunities include capturing a rent premium through thoughtfully appointed, furnished residences while leveraging flexible lease terms to capitalize demand from corporate and short-term users.

403 Nacogdoches St, Center
$320,000
2 Beds ⋅ 2 Baths ⋅ 21300239 MLS
A little slice of heaven in Timpson, Texas! This charming 8-acre ranch offers peaceful country living with a beautiful stocked pond that feels like your own private lake. Complete with a covered fishing deck, the pond is stocked with White Perch or Crappie, making it perfect for relaxing afternoons and weekend fishing. Imagine spending lazy summer days on your private dock, taking in views of the beautiful timber that surrounds the property. The timber exemption is grandfathered in for the next owner, providing valuable tax benefits. The property is fully fenced and cross-fenced, offering functionality for livestock and ranching activities while providing plenty of shade and natural beauty. Enjoy quiet mornings and evenings from the enclosed patio as you watch the countryside and your farm pass by at a slower pace. Inside, the home features a spacious primary suite with a sitting area, two bedrooms, and a versatile flex room that can serve as a third bedroom, office, or dining room. The cozy, country-style kitchen completes the home's warm and welcoming atmosphere. The attached 2-car carport includes a service connection capable of supporting a 16kW–20kW generator. The generator is negotiable. When you're ready to explore beyond the property, you'll appreciate the convenient location. Toledo Bend Reservoir, with over 1,200 miles of shoreline and endless recreational opportunities, is just 52 minutes away. 30 minutes to Joaquin, Lake Murvaul is only 25 minutes away, Carthage is a quick 17-minute drive, and Shreveport, Louisiana, is approximately one hour away. Experience the beauty, tranquility, and freedom of country living on this exceptional East Texas ranch.

4358 Fm 947, Timpson
$580,000
3 Beds ⋅ 2 Baths ⋅ 21237563 MLS
Escape the city and own your slice of East Texas freedom. This 3-bedroom, 2-bath brick home sits on 20+ private acres, offering the perfect setup for homesteading, livestock, or simply enjoying peace and quiet. With an open-concept layout, spacious walk-in closets, and oversized walk-in showers, the home is designed for both comfort and practicality. Step outside and you’ll find everything you need for country living — a detached 3-car garage, fenced acreage, and room to expand. Enjoy your mornings on the enclosed front porch and unwind in the evenings overlooking your land. A nearly new whole-home generator provides year-round peace of mind, making this property as functional as it is beautiful. If you’ve been dreaming of space, privacy, and self-sufficiency — this is it. Located in Joaquin, TX — easy access to larger towns while still offering true country living. Schedule your showing today — properties like this don’t come around often.

1394 Fm 3343, Joaquin

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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