Active
2 beds1,601 sqft

312b Prospect Dr, Trinity, TX 75862

Est: $1,451/moGet pre-approved
Multi FamilyProperty Type
1.09 acresLot Size
1946Year Built
$141/sq ftPrice per sq ft

Description

Investment Opportunity with Highway 19 Frontage! This well-maintained property features three rental units situated on just over one acre of land with prime frontage along Highway 19. The setup includes a duplex offering two 1-bedroom, 1-bath units, plus a separate studio apartment next door — all currently occupied. With ample space to expand, this property presents a fantastic opportunity to increase rental income by adding more units or amenities. Alternatively, it can remain a peaceful retreat...Investment Opportunity with Highway 19 Frontage! This well-maintained property features three rental units situated on just over one acre of land with prime frontage along Highway 19. The setup includes a duplex offering two 1-bedroom, 1-bath units, plus a separate studio apartment next door — all currently occupied. With ample space to expand, this property presents a fantastic opportunity to increase rental income by adding more units or amenities. Alternatively, it can remain a peaceful retreat just as it is — a quiet slice of heaven with strong rental history and growth potential.
341 days on Market
  • Listed by: Bobby McMahon 936.661.1119 your.realestateagent@yahoo.com TREC #0778173 Brokerage DRE #9006965 • Southern Star Realty
Last updated: 08/31/2026 09:15 AM • Source: HARMLS, MLS#: 23144261
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Location

Listing Courtesy of Southern Star Realty, Bobby McMahon, TREC #0778173
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$1,451 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,201

Property Taxes

$250

HOA Dues

$0

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Property Information for 312b Prospect Drive

Property Details

  • Taxes: $3,000 / year
  • MLS Type: Residential Income / Triplex
  • Subdivision Name: Gibson Add

Building Information

  • Stories: 1
  • Residences: 3
  • Year Built: 1946
  • Lot Size: 1.09 AC / 47,524 SF

Summary

Location and General Information
  • Directions: from the lights on highway 19 North in Trinity go 1/2 a mile and just past The Baptist Church the property is on the right
  • MLS Area Major: 42
  • MLS Area Minor: Trinity Area
  • Unparsed Address: 312 Prospect Dr
Taxes and HOA
  • Tax Annual Amount: $3,000
  • Tax Legal Description: GIBSON ADDN, LOT 07, 06 PT OF
  • Tax Year: 2025
School Information
  • Elementary School: LANSBERRY ELEMENTARY SCHOOL
  • Elementary School District: 63 - Trinity
  • High School: TRINITY HIGH SCHOOL
  • Middle Or Junior School: TRINITY JUNIOR HIGH SCHOOL

Property

Lot Information
  • Living Area: 1601.0
  • Living Area Source: Appraiser
  • Lot Size Acres: 47524.0
  • Lot Size Source: Appraiser
  • Lot Size Units: SquareFeet
Property and Assessments
  • Disclosures: Other
  • New Construction YN: No
  • Parcel Number: 15291
  • Property Sub Type: Triplex
  • Property Type: Multi-Family, ResidentialIncome
  • Public Survey Section: NA
  • Year Built Source: PublicRecords

Interior and Exterior Features

Exterior Features
  • Pool Area: No
  • Roof: Composition
Interior Features
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Heating: Central, Electric
  • Heating YN: Yes
  • Levels: One
  • Stories: 1

Room Information

Room Information
  • Human Modified YN: Yes

Multi Family

Income & Expenses
  • Operating Expense Includes: Insurance, Maintenance, ProfessionalManagement, RealEstateTax
Multi Family Information
  • Number Of Units Total: 3
Unit 1
  • Unit Type Type: Studio
  • Unit Type Units Total: 3
Unit 2
  • Unit Type Beds Total: 1
  • Unit Type Type: OneBedroom
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Beds Total: 1
  • Unit Type Type: OneBedroom
  • Unit Type Units Total: 1

Property History for 312b Prospect Drive

DateEvent & SourcePriceAppreciation
Oct 30, 2025

Listed (Active)

HARMLS #23144261

$225,000—
Jan 30, 2014

Sold

HARMLS #30513840

—
Dec 10, 2013

Option Pending

HARMLS #30513840

—
DateEvent & SourcePrice
10/30/2025

Listed (Active)

HARMLS #23144261

$225,000
01/30/2014

Sold

HARMLS #30513840

—
12/10/2013

Option Pending

HARMLS #30513840

—

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

Schools near 312b Prospect Drive

This home is within Trinity Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lansberry Elementary School
PublicPK to 5

Trinity Junior High School
Public6 to 8

Trinity High School
Public9 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.

Similar Homes

312b Prospect Drive is a multi-family home for sale in Trinity, TX 75862. This property was listed for sale on October 30, 2025 by Southern Star Realty, it's currently listed at $225,000. It has been on the market for a total of 341 days and was last sold on January 30, 2014. This listing's school district is Trinity Independent School District. Nearby schools include Lansberry Elementary School, Trinity Junior High School and Trinity High School. 312b Prospect Drive is a 2-bed, 0-bath, 1,601 sqft multi-family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Southern Star Realty, Bobby McMahon, TREC #0778173

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