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Days173Days on Market
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$649,900

$699,900

3720 Sockwell Boulevard 1, Greenville, TX, 75401

On MarketInfo
CommercialInfo
Price DropInfo
Beds13 Beds
Baths10 Bath
Baths5,952 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1975

Highlights

Interior

Bedrooms 13Bedrooms 13
Bathrooms 10Bathrooms 10
Heating GasHeating Gas
FlooringOther

Exterior

Lot Size26,001 sqft

Building Information

Year Built1975
Stories2
Roof Type112

Land Information

APN3085-0070-0030-41
Lot Number3-6
SubdivisionGraham Park Addition
Land UseResidential
Legal DescriptionS3085 GRAHAM PARK ADDITION BLK 7 LOT 3-6 ACRES .5969
Census Tract960400
Assessed Land Value$60,320
Assessed Improvement Value$620,660
Assessment Year2025

About this property

**Significant Price Reduction!** Don't miss this rare opportunity to acquire a fully occupied 10-unit multifamily asset in the rapidly growing Greenville, TX market. The seller has implemented an aggressive price reduction, creating an exceptional opportunity to purchase a stabilized investment property at an attractive price. The property is being offered **AS-IS**, making it an excellent opportunity for investors seeking long-term value and upside potential. The property features a diverse unit mix of 8 one-bedroom units, 1 two-bedroom unit, and 1 three-bedroom unit, consisting of an 8-unit main building and a separate 2-unit carriage house. Interior renovations were completed in 2021, and the current owner has invested over $80,000 in additional capital improvements, contributing to the property's overall condition and tenant appeal. Professionally managed and fully occupied, this asset offers a seamless transition for new ownership with stabilized occupancy already in place. Ideally located directly across from a well-maintained public park, the property benefits from strong tenant appeal and continued demand in one of North Texas' growing markets. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is an outstanding opportunity to acquire a well-maintained multifamily property with immediate income and future appreciation potential. Schedule your private tour today. Please do not disturb tenants. All showings require an executed contract or approval from the listing agent. No showings prior to executed contract. Please do not disturb tenants.

Investor Tools

$525,904Estimated Mortgage Balance
$155,076Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,086 /month
Positive
Cash Flow Estimate:
$1,362 /month

Interested in this property?

Greg Parks

Milestone Premier Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,463/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,145
$680,980
2025
$60,320
$620,660
$680,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,145
$680,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
National Loan Funding Llc
Commercial
$552,750
No
First
Nov 16, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$525,904
$155,076
22%
77%
$3,315/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Greenville

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3720 Sockwell Boulevard 1 | Property Details | No Agent List