1106 Esplanade St, Marshall, TX

Name: 1106 Esplanade St, For Sale in Marshall - eXp Realty
Brand: RE/MAX Professionals
SKU: 26009048
Price: 395000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$395,000

000

MLS® 26009048

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Commercial Sale

Size 11024 sqft

Garage

HOA Fees

Taxes

Days Active 0

Approx. Age 1930

Avg. Price Per Sqft $35

MLS® Number 26009048

Property Address: 1106 Esplanade St, Marshall, TX, 75670

Average square foot calculated using Size range provided by listing agent.

Description

Introducing an exceptional investment opportunity in Marshall, Texas—a stabilized 7-unit multifamily property ideally located at 1106 Esplanade Street, just approximately half a mile from East Texas Baptist University. Combining recent major capital improvements with future income potential, this property is an excellent opportunity for both seasoned investors and owner-operators. Situated on approximately 0.253 acres, the property features a two-story, 3, 400-square-foot apartment building with a desirable unit mix of five 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one studio apartment. Each unit offers its own unique character, appealing to a wide range of tenants and contributing to consistent occupancy. Major improvements have already been completed, including a full roof replacement with architectural shingles in December 2023, extensive renovations in 2023, and foundation work completed in January 2026—allowing a new owner to focus on maximizing returns rather than major repairs. The property also features copper wiring, individually metered electric for applicable units, and ample off-street parking for residents. Adding even more value is a large detached garage/storage building, creating opportunities for additional rental income, tenant storage, or future redevelopment possibilities. Located near East Texas Baptist University and surrounded by major employers, retail, restaurants, and everyday conveniences—including Walmart, Lowe's, Chick-fil-A, CVS, McDonald's, Family Dollar, Dollar General, Verizon, Firestone, and more—the property benefits from strong workforce and student housing demand. With a proven unit mix, significant recent improvements, excellent location, and opportunities for future rent growth through active management, this Marshall multifamily property offers the ideal combination of stability, upside potential, and long-term investment value.

MLS® Number26009048

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1930

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatSpace Heat

A/CWindow Unit(s)

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 29, 2026List Date

$395,000List Price

Commute

Commute

Starting Address

Destination Address

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