Log In/Sign Up
Your email has been sent.
220 Bois D Arc St
Canton, TX 75103
Multifamily Property For Sale
·
4 Units
Investment Highlights
- 100% occupied at time of offering, producing $4,525 in monthly rent.
- Flexible month-to-month tenancy on three of four units allows for rent adjustments and repositioning.
- Positioned on a 0.43-acre lot with commercial zoning and 128 feet of frontage.
- Offered at $395,000 with an 8.2% cap rate based on 2025 NOI.
- Located in Canton, the Van Zandt County seat, drawing consistent traffic from First Monday Trade Days.
- Traffic count of approximately 346 vehicles per day near the site.
Executive Summary
This fully occupied, four-unit multifamily property in Canton, Texas offers an immediate income-producing investment opportunity. Generating $4,525 in monthly rent across all units, the asset provides a strong cash flow foundation supported by a history of consistent returns. Priced at $395,000 with a projected 8.2% capitalization rate on 2025 net operating income, the property is well-positioned for both steady income and long-term appreciation. The 2,940-square-foot building sits on 0.43 acres in the Van Zandt County seat and benefits from proximity to downtown amenities and traffic drawn by the area’s notable attraction, First Monday Trade Days. This popular flea market delivers lasting foot traffic that fuels the local economy and rental stability. With three units on flexible month-to-month terms, new ownership has the ability to adjust rents to market levels or reposition as needed without delay. Small multifamily assets are in limited supply throughout East Texas, making this offering highly attractive for investors seeking a manageable, revenue-generating property. Solid fundamentals and a favorable location support the property’s long-term investment potential.
Property Facts
| Price Per Unit | $98,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.43 AC |
| Cap Rate | 8.20% | Building Size | 2,940 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | ||
| Zoning | R-1 - Residential | ||
| Price Per Unit | $98,750 |
| Sale Type | Investment |
| Cap Rate | 8.20% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 2,940 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | R-1 - Residential |
Property Taxes
| Parcel Number | R000001448 | Improvements Assessment | $247,063 |
| Land Assessment | $30,600 | Total Assessment | $277,663 |
Property Taxes
Parcel Number
R000001448
Land Assessment
$30,600
Improvements Assessment
$247,063
Total Assessment
$277,663
1 of 36
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
