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About the Listing REAY01 - 0636242
Investor & Owner-Occupant Opportunity: Multifamily Asset with Immediate Cash Flow in Crowley, TX Step into steady income and long-term upside with this 3,448 sq ft multifamily property located in the growing Crowley market. Zoned MF (Multifamily Residential), this Class C asset features four 2-bed, 1-bath units—three of which are currently rented, with the owner occupying the fourth. This setup offers immediate cash flow with the flexibility to convert the owner’s unit into additional rental income or retain it for on-site management. Whether you're an investor seeking a value-add opportunity or a buyer looking to live in one unit and lease out the others, this property offers the best of both worlds. Positioned near schools, retail, and major highways, it sits in a high-demand rental corridor with strong growth indicators. With room to raise rents to market rate and potential for cosmetic upgrades, the pro forma upside is strong—making this a smart addition to any portfolio or a strategic first step for owner-investors. Highlights: -Zoned MF – supports multifamily use and future expansion -3 of 4 Units Rented – immediate income with owner-occupancy flexibility -Live-In Investment – ideal for buyers who want to offset their mortgage with rental income -Pro Forma Upside – increase NOI through renovations and rent optimization -Strong Location – near schools, retail, and major highways -Investor-Friendly Market – Crowley is experiencing steady population and job growth This property delivers on location, flexibility, and income potential—whether you're building your portfolio or planting roots with passive income built in.
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Air Cond: Central Air
- Heating: Central
- Fireplaces: 0
- Floor: Carpet,Laminate,Luxury Vinyl Plank
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Cable TV Available,Open Floorplan
- Water:
Exterior Details
- Lot Description: Acreage,Less Than .5 Acre (not Zero)
- Garage Capacity: N/A
- Parking Spaces: 8
- Roof: Composition
- Others: Preowned
- Sewer:
- Parking Features: Additional Parking,On Site
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 02285932
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
104 N Heights Dr Crowley, TX 76036
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