2001 Farm to Market Road 356

$1,999,990
Price
2
Beds
5,200 Sq. Ft.
$385 / Sq. Ft.
5,200
Sq. Ft.
$385
per Sq. Ft.

Description

Current Income with Growth Potential in Opportunity Zone
This unique investment sits on 5 acres with easy access to FM roads. Currently generating over $10,000/month in rental income, the property offers strong cash flow with room for expansion or redevelopment.
Property Includes:
Remodeled 8-Unit Apartment Complex, 100% occupied, Newer septic system, public water.
Newer Tiny Home
Currently rented at 1000 per month but perfectly situated for onsite management office.
12,500 Commercial Building
5,000 SF
...Current Income with Growth Potential in Opportunity Zone
This unique investment sits on 5 acres with easy access to FM roads. Currently generating over $10,000/month in rental income, the property offers strong cash flow with room for expansion or redevelopment.

Property Includes:

Remodeled 8-Unit Apartment Complex, 100% occupied, Newer septic system, public water.

Newer Tiny Home
Currently rented at 1000 per month but perfectly situated for onsite management office.


12,500 Commercial Building
5,000 SF Retail Space
Previously a well-known local hardware store. Great potential for retail, office, storage, or conversion to fit your vision.

7,500 SF Warehouse + 750 SF Loft / mezzanine
Features industrial roll-up doors—perfect for mini-storage, boat/RV dry storage, or light industrial use.

Listing Agents

  1. Karen Derr

    Karen Derr

    Listing Agent

    Compass

    TREC #0405408

    karen.derr@compass.com

    P: (512)-720-8290

  2. Jon Ryan

    Jon Ryan

    Alternative Listing Agent

    Compass

    TREC #0681020

    jon.ryan@compass.com

    P: (512)-701-3642

Property Details for 2001 Farm To Market Road 356

Subdivision Name
0
LISTING UPDATED: 07/11/2025 12:05 PM

Property Details for 2001 Farm To Market Road 356

StatusActive
MLS #58010469
Days on Market300
Taxes$2,995 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1982
Lot Size-
CountyPolk County

Location

Add your commute

Virtual Tour

Building Information for 2001 Farm To Market Road 356

Stories2Residences9Year Built1982Building Size-Lot Size-

Payment Calculator

$10,132 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,883

Property Taxes

$250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2001 Farm To Market Road 356

Summary
Location and General Information
  • Directions: Headed W on HWY 190 through Onalaska turn right on FM 356 property is on the left
  • MLS Area Major: 44
  • MLS Area Minor: Lake Livingston Area
  • Unparsed Address: 2001 N Fm 356
Parking
  • Parking Features: Paved
Taxes and HOA
  • Tax Annual Amount: $2,995
  • Tax Legal Description: ABST 44 A M DE LATARZA SURVEY TRACT 4-A IMP ONLY
  • Tax Year: 2024
School Information
  • Elementary School: ONALASKA ELEMENTARY SCHOOL
  • Elementary School District: 104 - Onalaska
  • High School: ONALASKA JR/SR HIGH SCHOOL
  • Middle Or Junior School: ONALASKA JR/SR HIGH SCHOOL
Property
Lot Information
  • Living Area: 5200.0
  • Living Area Source: Owner
  • Lot Features: Cleared
  • Lot Size Units: SquareFeet
Property and Assessments
  • Disclosures: Other
  • New Construction YN: No
  • Parcel Number: 10044-0005-01
  • Property Sub Type: MultiFamily
  • Property Type: Multi-Family, ResidentialIncome
  • Public Survey Section: 0
  • Year Built Source: PublicRecords
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Pool Area: No
  • Roof: Composition
Interior Features
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Laminate
  • Heating: Central, Electric
  • Heating YN: Yes
  • Interior Features: Balcony, Stone Counters, Window Treatments
  • Levels: Two
  • Stories: 2
  • Window Features: Window Coverings
Room Information
Room Information
  • Human Modified YN: Yes
Multi Family
Income & Expenses
  • Operating Expense Includes: Maintenance, Other, ProfessionalManagement
Multi Family Information
  • Number Of Units Total: 9

Property History for 2001 Farm To Market Road 356

DateEvent & SourcePriceAppreciation
Jun 27, 2025

Price Change

HARMLS #58010469

$1,999,990
Feb 8, 2025

Listed (Active)

HARMLS #58010469

$2,100,000
Jul 20, 2020

Sold

HARMLS #58252507

Jun 9, 2020

Option Pending

HARMLS #58252507

Mar 16, 2020

Price Change

HARMLS #58252507

$475,000
Feb 11, 2020

Listed (Active)

HARMLS #58252507

$575,000
DateEvent & SourcePrice
06/27/2025

Price Change

HARMLS #58010469

$1,999,990
02/08/2025

Listed (Active)

HARMLS #58010469

$2,100,000
07/20/2020

Sold

HARMLS #58252507

06/09/2020

Option Pending

HARMLS #58252507

03/16/2020

Price Change

HARMLS #58252507

$475,000
02/11/2020

Listed (Active)

HARMLS #58252507

$575,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2001 Farm To Market Road 356

Taxable ValueLand-Additions$100,646Total-
Tax Record2019$2,662 ($222 / month)
Home Facts
Total Finished SqFt5,512 SqFtAbove Grade Finished SqFt5,512 SqFtStyleMiscellaneous CommercialYear Built1982CountyPOLKAPN10044000501

Schools near 2001 Farm To Market Road 356

This home is within Onalaska Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Onalaska Elementary School
PublicPK to 6

Onalaska Jr/Sr High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2001 Farm To Market Road 356 is a multi-family home for sale in Onalaska, TX 77360. This property was listed for sale on February 8, 2025 by Compass, it's currently listed at $1,999,990. It has been on the market for a total of 300 days and was last sold on July 20, 2020. This listing's school district is Onalaska Independent School District. Nearby schools include Onalaska Elementary School and Onalaska Jr/Sr High School. 2001 Farm To Market Road 356 is a 2-bed, 1-bath, 5,200 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Copyright © 2025, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.