Pending

Price cut: $300K (6/5)

$1,500,000

3205 Sam Rayburn Pkwy, Brookeland, TX 75931

2beds

12,000sqft

$10,668/mo

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Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$125/sqft

$-- HOA

What's special

Tiled flooringPrivate officeAppliances included

Rare opportunity to acquire three contiguous buildings less than a mile from Lake Sam Rayburn, offering strong, stable cash flow with room to grow. The portfolio features 11 fully leased units — each 800 sq ft with 2 bedrooms, 2 bathrooms, tiled flooring, and appliances included. Concrete driveways, covered front and rear porches, and easy Sam Rayburn Parkway access support excellent tenant retention. Infrastructure is already in place to add 7 additional units, providing immediate upside potential. Behind the residential buildings sits a 4,000 sq ft commercial shop with 3 roll-up doors, a private office, and an attached 1,400 sq ft apartment with 2 bedrooms and 2 bathrooms — ideal for an owner-operator or as added income. No longer subject to an HOA, this is now an unrestricted property — use it, expand it, and operate it entirely on your terms. A truly turn-key multi-family and commercial investment in the heart of Rayburn Country.

49 days

26

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Living Room, See Remarks

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range, Microwave, See Remarks

Features

Ceiling Fan(s), Open Floorplan, Split Bedrooms
Flooring: Vinyl
Windows: Blinds
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 12,000
Total interior livable area: 12,000 sqft

Property

Parking

Parking features: 3+ Car, Attached Carport, Storage, Garage, Attached
Has garage: Yes
Has carport: Yes

Features

Patio & porch: Covered, Front Porch, Patio
Exterior features: See Remarks
Pool features: None
Fencing: None
Waterfront features: See Remarks

Lot

Size: 4.1 Acres
Dimensions: 4.098

Details

Additional structures: ADU-Detached, RV/Boat Storage, Storage Shed-Slab
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: See Remarks
Property subtype: Multi Family

Materials

HardiPlank Type, Metal Siding
Foundation: Slab
Roof: Composition,Metal

Utilities & green energy

Electric: Deep East Texas Electric
Gas: None
Sewer: MUD, Public Sewer
Water: MUD, Public

Green energy

Energy efficient items: Other

Community & HOA

Community

Subdivision: N/A

Location

Region: Brookeland

Financial & listing details

Price per square foot: $125/sqft
Date on market: 6/5/2026
Inclusions: Other
Exclusions: Personal Items
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

$1,388/mo

Price history

Date	Event	Price
6/18/2026	Pending sale	$1,500,000$125/sqft
Source: Deep East Texas #70013803 Report a problem
6/5/2026	Price change	$1,500,000-16.7%$125/sqft
Source: Deep East Texas #70013803 Report a problem
7/23/2022	Price change	$1,800,000-10%$150/sqft
Source: TAR MLS #205684 Report a problem
7/23/2021	Listed for sale	$2,000,000$167/sqft
Source: TAR MLS #203177 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Sam Rayburn

Getting around

3 / 100

Car-Dependent

20 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Parnell Elementary School
Grades: 3-5Distance: 9.8 mi
3/10
Jasper Junior High School
Grades: 6-8Distance: 9.8 mi
3/10
Jasper High School
Grades: 9-12Distance: 11.2 mi

Schools provided by the listing agent

District: Jasper

Source: Deep East Texas. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.