131-139 Houston St

Italy, TX 76651
  • $735,000

    Price
  • 12

    Bed
  • 8

    Bath
  • 5,000

    SqFt

About the Listing KEWR01 - 0659054

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.

Listing Highlights

Status Active
Days on Site 9
Property Type Multi-Family
MLS ® 21343744
Year Built 2020
Total Square Footage 5,000
Lot/Acreage 0.57
County Ellis
Neighborhood E D Harrsion
School District Italy ISD
Elementary School Stafford
Middle School Italy
High School Italy

Interior Details

  • Bedrooms: 12
  • Bathrooms: 8 Full
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
  • Air Cond: Ceiling Fan(s),Central Air,Electric
  • Heating: Central,Electric
  • Fireplaces:
  • Floor: Carpet,Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Decorative Lighting,Eat-in Kitchen,Kitchen Island,Open Floorplan
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Roof: Composition
  • Others: Preowned
  • Sewer:
  • Parking Features: Driveway,Shared Driveway

Financial Details

  • Tax Amount: $16,252
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 185733
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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Questions About..

131-139 Houston St Italy, TX 76651

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Amy Downs

Expansion Partner | Team Leader | ADT Property Partners | DHS Realty

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