$735,000
 $3,946 est/mo Sourced by Back At You

131-139 Houston Street,Italy, TX 76651

Italy, TX 76651

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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.

Details

MLS #21343744
Listing TypeFor Sale
StyleFourplex
Sub-TypeResale
StatusActive
Year2020
Days On Site25
Listing Provided ByKeller Williams Realty | Neil Clements

Features

Bed(s)12
Bath(s) 8 Total
SQ Feet5,000
Story(s)1
Units4
Building(s)2
Acreage0.57

Interior

CoolingCeiling Fan(s), Central Air, Electric
HeatingCentral, Electric
Interior FeaturesDecorative Lighting, Eat-in Kitchen, Kitchen Island, Open Floorplan
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Exterior

RoofComposition
Construction MaterialsBrick
Foundation DetailsSlab

Parking

Garage Yn0
Attached Garage Yn0
Parking FeaturesDriveway, Shared Driveway

Utilities

UtilitiesCity Sewer, City Water

Taxes

Unexempt Taxes16252
Tax Legal Description512 E D HARRISON 0.569 ACRES

Area Information

StateTX
CountyEllis
CityItaly
Zip Code76651
AreaEllis
Community NameE D Harrsion
School DistrictItaly ISD
Elementary SchoolStafford
High SchoolItaly
Listing VS Median (in E D Harrsion)
Price:
$735,000
low | high
Med:
$735,000
50% of Average
sqft:
5,000
low | high
Med:
5,000
50% of Average
$ / sqft:
$147
low | high
Med:
$147
50% of Average
On site:
25
low | high
Med:
25
100% of Average
Sourced by Back At You

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyEllis
CityItaly
Zip Code76651
AreaEllis
Community NameE D Harrsion
School DistrictItaly ISD
Elementary SchoolStafford
High SchoolItaly
Listing VS Median (in E D Harrsion)
Price:
$735,000
low | high
Med:
$735,000
50% of Average
sqft:
5,000
low | high
Med:
5,000
50% of Average
$ / sqft:
$147
low | high
Med:
$147
50% of Average
On site:
25
low | high
Med:
25
100% of Average
Sourced by Back At You
Listing Updated: August 12, 2026 at 12:56:25 PM PDT
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