BEDS12
BATHS8 full
SQUARE FEET5,000
MLS#21343744
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONE D Harrsion
SCHOOLItaly ISD
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Lot Size: 0.57 Acres
Roof Type: Composition
Year Built: 2020
Amenities
Decorative Lighting
Eat-in Kitchen
Kitchen Island
Open Floorplan
Feature Descriptions
Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
Exterior: Brick
Fencing: Wood
Flooring: Carpet, Laminate
Parcel#: 185733
Parking: Driveway, Shared Driveway
Parking Notes: Driveway, Shared Driveway
Units: 4
Utilities: City Sewer, City Water
Local Schools
Elementary School: Stafford
School District: Italy ISD
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty
Agency Contact: 972-533-8201
Agent Name: Neil Clements
Shown By
Agent Name: Karen Schaeper
Agent Phone: (254) 723-0902
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 1,850.17 per month $1,635.79 Principal & Interest $0.00 Property Tax (data not provided by mls) $214.38 Homeowner's Insurance
131-139 Houston Street | MLS# 21343744
This multi-family property located at 131-139 Houston Street , Italy, TX 76651 is currently listed for sale with an asking price of $735,000. 131-139 Houston Street is located within the Italy ISD school district. Search Italy real estate on karenschaeper.kellyrealtors.com today.