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261 Shenandoah

Hallsville, TX 75605
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Multi-Family

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Description

Excellent investment opportunity in highly desirable Hallsville ISD! Situated on approximately 2 acres, this income-producing property features four tenant-occupied manufactured homes with immediate cash flow and room to expand by adding additional homes. Three of the homes were built in 2012, while the fourth was built in 1979. Significant recent improvements have already been completed, including new roofs on Units 1, 2, and 3 (2025). Unit 1 also received all-new flooring in 2026 and includes a recently installed ADA-accessible ramp. Three newer units are in great condition with only minor issues. Unit 4 features a recently replaced HVAC system and is occupied by a long-term tenant. Current rental income includes Unit 1 at $950/mo, Unit 2 $875/mo, Unit 3 $850/mo and Unit 4 at $675/mo, with all four homes currently leased, including two long-term tenants, providing stable income from day one. The property is serviced by an aerobic septic system with a current maintenance contract already in place, adding peace of mind for the new owner. With its strong rental history, valuable updates, expansion potential, and excellent location in Hallsville ISD, this is an outstanding opportunity for investors looking to grow their portfolio or add a turnkey income-producing property.

MLS#
LAARTX-20264566
List Price
$349,900
Listing Status
For Sale
Address
261 Shenandoah
City
Hallsville
State
TX
Zip Code
75605
County
Harrison County
Property Type
Multi-Family
Stories
1
Year Built
2012 /Appraisal District

Interior

Cooling
Central Air
Heating
Central
Appliances
Electric Range/Oven
Interior
Vinyl Flooring

Exterior

Fencing
Partial
Dock
Yes
Other Stucture
Storage
Exterior
Fence Partial, Storage Building

Rooms

Rooms
Family Room, Laundry Room

Lot Information

Lot Size
Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

Longview Area Association of Realtors®
Source last updated Jun 29, 2026 at 02:32 AM
Listing last updated Jun 26, 2026 at 03:30 AM
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Estimated Monthly Payments

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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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