Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5

$299,900

261 Shenandoah, Hallsville TX, 75605

Built in2012
Property typeMulti-family

Overview

Active

Listed Jun 26, 2026

Updated 4 days ago

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.

$1,995/mo

Est. mortgage payment based on a $299,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$680
Tax Frequency
Annually
MLS provider logo

Listed by Kimberly Buettner with Texas Real Estate Executives
Listing Contact: 903-790-1143 

The IDX display contains information sourced from the Longview Area Association of REALTORS® as of 10/28/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Longview Area Association of REALTORS® all rights reserved.

Data last updated on 10/28/2026 at 4:29 AM UTC

Powered by Luxury Presence