Description
Investment opportunity in Overton, Texas! Situated on approximately 1.777 acres, this commercial property features a former hospital that has been converted into apartment units, offering a unique combination of history, character, and income-producing potential. The existing structure provides substantial space with multiple residential units and a flexible layout, creating opportunities for continued multifamily use or future redevelopment, subject to local zoning and approvals. The acreage offers additional outdoor space with potential for parking, improvements, or other uses to complement the existing property. Conveniently located in Overton with access to local businesses, schools, and surrounding East Texas communities, this property presents an excellent opportunity for investors or entrepreneurs looking for a distinctive commercial asset. Whether maintained as apartments or transformed for a new purpose, this 1.777-acre tract offers versatility and potential in an established location.
School Ratings & Info
Description
Investment opportunity in Overton, Texas! Situated on approximately 1.777 acres, this commercial property features a former hospital that has been converted into apartment units, offering a unique combination of history, character, and income-producing potential. The existing structure provides substantial space with multiple residential units and a flexible layout, creating opportunities for continued multifamily use or future redevelopment, subject to local zoning and approvals. The acreage offers additional outdoor space with potential for parking, improvements, or other uses to complement the existing property. Conveniently located in Overton with access to local businesses, schools, and surrounding East Texas communities, this property presents an excellent opportunity for investors or entrepreneurs looking for a distinctive commercial asset. Whether maintained as apartments or transformed for a new purpose, this 1.777-acre tract offers versatility and potential in an established location.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-10-07T14:28:42.343.
Listing provided courtesy of Kristina Baker of Kristi Martin Realtor LLC: 903-204-4022. Listing information © 2026 Greater Tyler Association of REALTORS® Multiple Listing Service.