131-139 Houston St

italy, TX 76651

US$735,000

  • 12 BR
    8 BA
    approx. 5,000 SF

Interested? Let's Connect

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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