Welcome to this exceptional 38-unit multifamily community located in the heart of Gainesville, Texas. This well maintained property offers a rare investment opportunity with strong occupancy and a stable income. Situated on a spacious lot in a quiet, residential neighborhood, the complex features a mix of one to three bedroom units, thoughtfully designed for comfortable living. Select units have been recently updated with modern finishes, offering immediate appeal to tenants and upside potential for investors. The property includes an onsite laundry facility and is within close proximity to local schools, shopping and dining. Whether you're expanding your portfolio or entering the multifamily space, this Gainesville asset presents a compelling blend of cash flow and future growth potential. Listed under appraised value!
For sale
Price cut: $550K (7/31)
$2,950,000
935 S Dixon St, Gainesville, TX 76240
--beds
--baths
31,481sqft
Est.:
Multi Family, Apartment
Built in 1965
-- sqft lot
$-- Zestimate®
$94/sqft
$-- HOA
What's special
Spacious lotQuiet residential neighborhood
- 81 days
- on Zillow |
- 183 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 06:37am
Listed by:
TANDA STRINGFELLOW 0464163 940-902-3596,
Tanda Stringfellow Broker 940-902-3596
Source: NTREIS,MLS#: 20953706
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Electric, None
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Electric Range
Features
- Cable TV
- Flooring: Laminate
Interior area
- Total structure area: 31,481
- Total interior livable area: 31,481 sqft
Video & virtual tour
Property
Parking
- Total spaces: 38
- Parking features: Additional Parking
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1.83 Acres
Details
- Parcel number: 23648
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Subdivision: Gainesville Add
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $94/sqft
- Annual tax amount: $24,214
- Date on market: 5/31/2025
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