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Bristol Square Apartments 510 E Hayes St 35 Unit Apartment Building $1,900,000 ($54,286/Unit) Savoy, TX 75479
Investment Highlights
- 35-unit garden apartment community on 3.54 acres with established infrastructure.
- Convenient access to U.S. Highway 82 and regional employment centers.
Executive Summary
This 35-unit garden-style apartment community offers a rare investment opportunity in the growing Savoy, Texas market. Situated on 3.54 acres, the property spans 23,758 square feet across multiple buildings and provides a stable foundation for value-add strategies or long-term income generation. Built in 1970, the complex benefits from a low-density layout and ample open space, appealing to tenants seeking a quieter residential setting.
Located within Fannin County, the property enjoys convenient access to U.S. Highway 82, connecting residents to nearby Bonham and Sherman, as well as the broader North Texas region. The area has experienced steady population growth, supported by a balanced mix of residential and commercial development. With its existing infrastructure and utilities in place, this asset presents an attractive option for investors looking to capitalize on regional growth trends and affordable housing demand.
Located within Fannin County, the property enjoys convenient access to U.S. Highway 82, connecting residents to nearby Bonham and Sherman, as well as the broader North Texas region. The area has experienced steady population growth, supported by a balanced mix of residential and commercial development. With its existing infrastructure and utilities in place, this asset presents an attractive option for investors looking to capitalize on regional growth trends and affordable housing demand.
Property Facts
| Price | $1,900,000 | Apartment Style | Garden |
| Price Per Unit | $54,286 | Building Class | C |
| Sale Type | Investment | Lot Size | 3.54 AC |
| No. Units | 35 | Building Size | 23,758 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1970 |
| Price | $1,900,000 |
| Price Per Unit | $54,286 |
| Sale Type | Investment |
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.54 AC |
| Building Size | 23,758 SF |
| No. Stories | 1 |
| Year Built | 1970 |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | - | - |
| 2+1 | 20 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 85338 | Improvements Assessment | $203,850 |
| Land Assessment | $196,150 | Total Assessment | $400,000 |
Property Taxes
Parcel Number
85338
Land Assessment
$196,150
Improvements Assessment
$203,850
Total Assessment
$400,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Kamy Real Property Trust
Bristol Square Apartments | 510 E Hayes St
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