Multifamily
Burnett Trail
312 Burnett Trail, Canton, TX 75103
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Burnett Trail, a newly built Class A community located in Canton, Texas. This fully stabilized asset offers investors strong in-place cash flow, a 5.8% tax-adjusted cap rate, and a projected 20.6% five-year leveraged IRR. With upscale interiors, large unit sizes (58% over 1,000 SF), and minimal local competition, Burnett Trail is positioned to perform. Canton’s employment base is anchored by regional healthcare providers and major distribution centers, and the city’s status as home to First Monday Trade Days adds a unique tourism-driven economic layer. Located just 60 miles from Dallas, Burnett Trail appeals to professionals seeking luxury living with rural affordability. Contact Matt Aslan at (972) 755-5275 or Nick Fluellen at (972) 755-5214 for more information.
Burnett Trail
Investment Highlights
- 5.8% Cap Rate (Tax-Adjusted) | 20.6% 5-Year IRR | $95K+ per Year in Value-Add Potential - Minimal cost to implement monetizing pool access, washer/dryer appliances, and covered parking
- Stabilized, Turnkey Asset - Proven cash flow performance with near-full historical occupancy and minimal Class A competition
- Upscale Interior Finish-Out - Granite counters, stainless appliances, and designer features fuel high tenant demand
- Attractive Cost Basis with Strong Returns - Offered at a 5.8% tax-adjusted cap rate with a 16% projected 5-Year IRR
- Desirable Floorplans - 58% of units exceed 1,000 SF which are consistently in high demand
- Tourism-Backed Local Economy - Home of First Monday Trade Days, the nation's largest flea market drawing consistent foot traffic
- Healthcare Anchored Employment - UT Health & CHRISTUS Trinity drive local job stability and long-term rental demand
- Fortune 500 Employers - Walmart and Walgreens Distribution Centers boost logistics-based workforce housing need
Listing Price: Request For Offer
Investment Highlights
- 5.8% Cap Rate (Tax-Adjusted) | 20.6% 5-Year IRR | $95K+ per Year in Value-Add Potential - Minimal cost to implement monetizing pool access, washer/dryer appliances, and covered parking
- Stabilized, Turnkey Asset - Proven cash flow performance with near-full historical occupancy and minimal Class A competition
- Upscale Interior Finish-Out - Granite counters, stainless appliances, and designer features fuel high tenant demand
- Attractive Cost Basis with Strong Returns - Offered at a 5.8% tax-adjusted cap rate with a 16% projected 5-Year IRR
- Desirable Floorplans - 58% of units exceed 1,000 SF which are consistently in high demand
- Tourism-Backed Local Economy - Home of First Monday Trade Days, the nation's largest flea market drawing consistent foot traffic
- Healthcare Anchored Employment - UT Health & CHRISTUS Trinity drive local job stability and long-term rental demand
- Fortune 500 Employers - Walmart and Walgreens Distribution Centers boost logistics-based workforce housing need
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Burnett Trail, a newly built Class A community located in Canton, Texas. This fully stabilized asset offers investors strong in-place cash flow, a 5.8% tax-adjusted cap rate, and a projected 20.6% five-year leveraged IRR. With upscale interiors, large unit sizes (58% over 1,000 SF), and minimal local competition, Burnett Trail is positioned to perform. Canton’s employment base is anchored by regional healthcare providers and major distribution centers, and the city’s status as home to First Monday Trade Days adds a unique tourism-driven economic layer. Located just 60 miles from Dallas, Burnett Trail appeals to professionals seeking luxury living with rural affordability. Contact Matt Aslan at (972) 755-5275 or Nick Fluellen at (972) 755-5214 for more information.
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