113 S Summit St

Red Oak, TX 75154
  • $349,000

    Price
  • 4

    Bed
  • 1

    Bath
  • 3,291

    SqFt

About the Listing MESA01 - 0664632

Exceptional Investment Opportunity – Rare 4-Plex in a Prime Growth Location! Don't miss this hard-to-find fourplex offering outstanding cash flow potential in a highly desirable location. Conveniently situated near major interstate access, schools, shopping, and employment centers, this property is positioned in a peaceful, well-established neighborhood surrounded by continued residential and commercial growth. The property is 100% occupied with long-term tenants, providing immediate, stable rental income while offering the opportunity for future value enhancement. Current rents present upside potential, with the ability to increase rental income over time to align with comparable market rates. Each of the four units features a functional 1-bedroom, 1-bathroom floor plan designed for strong tenant demand. Recent capital improvements include new HVAC systems, helping reduce future maintenance costs and improve long-term reliability. Each unit is equipped with an electric stove, appliances providing a low-maintenance and efficient setup for both owners and tenants. Whether you're an experienced investor looking to expand your portfolio or seeking a stable income-producing asset with appreciation potential, this well-maintained fourplex offers an excellent combination of location, occupancy, and future growth opportunity.

Listing Highlights

Status Active With Contingency
Days on Site 14
Property Type Multi-Family
MLS ® 21347820
Year Built 1994
Total Square Footage 3,291
Lot/Acreage 0.27
County Ellis
Neighborhood Valley Estates
School District Red Oak ISD
Elementary School Wooden
Middle School Red Oak
High School Red Oak

Interior Details

  • Bedrooms: 4
  • Bathrooms: 1 Full
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor: Carpet,Ceramic Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Roof: Shingle
  • Others: Preowned
  • Sewer:
  • Parking Features: Driveway

Financial Details

  • Tax Amount: $9,000
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 169371
  • Tax Year: N/A

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113 S Summit St Red Oak, TX 75154

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Amy Downs

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

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