131-139 Houston St
italy, TX 76651US$735,000
- 12 BR8 BAapprox. 5,000 SF
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Turnkey 4-unit multi-family built in 2020 — two side-by-side duplexes, all four units 3 bedroom, 2 bath at 1,250 SF each. Fully occupied with professional management in place. Gross annual income of $74,440 with a 9.87 gross income multiplier. The 3-bedroom unit mix is rare in this market and drives both higher rents and longer tenancies. Tenants pay all utilities — every unit is separately metered for electric, water, sewer, and trash. Owner expenses are limited to taxes, insurance, lawn care, and management. Sitting on 0.569 acres complete with parking and easy I-35 access linking to Waxahachie, Hillsboro, and DFW. Ideal 1031 exchange replacement property.
Details
5,000 Sq Ft
0.569 Private Acres Lot Size
investment
Built in 2020
MLS/Listing ID 21343744
4 Units
Amenities & Features
Cooling - Ceiling Fans
Wood
Laminate
Carpet
Slab
Heating - Electric
Open Floor Plan
Kitchen Island
Microwave
Electric Oven
Electric Cooktop
Disposal
Eat-in Kitchen
Parking - Shared Driveway
Parking - Driveway
Composition
Dishwasher
Construction - Brick
Cooling - Electric
Cooling - Central Air
Estimate my mortgage
TOTAL MONTHLY COST
US$0
- PRINCIPAL & INTEREST
US$0
- PROPERTY TAXES
US$0
- Common Charges
US$0
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