Property Details
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Beth Shearon
Peerless Realty Group
License number: 0567728
Mobile: (817) 408-5432
www.bethshearon­tx.net
1208 E Fall Creek Hwy
Granbury, TX 76049
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131-139 Houston Street, Italy, Texas 76651, USA
List Price: $735,000
Sale price per sqm: 1,582.29 $
Status: ACT
MLS#: 21343744
Property type: Residential For Sale, Multi-Family, Fourplex
Property Size: 5,000 sqft (464.5 m2)
Land size: 0.57 sqft (0.05 m2)
Building Size: 5,000 sqft (464.5 m2)
Rooms
  • 12 bedrooms
  • 8 full baths
Property Details
2020 Year Built:
Brick Construction:
Resale Condition:
Dishwasher, Microwave, Cooktop - Electric, Oven-Electric, Disposal Appliances:
Decorative Lighting Property Features:
Laminate, Carpet Floors:
city water, City sewer Utilities:
Central, Electric Heating System:
Central, Electric, Ceiling Fan Cooling System:
On Slab Basement and Foundation:
composition Roofing:
Wood Fencing:
Parking / Garage
8 Number of parking spaces:
School Information
584 School District:
Stafford Elementary School:
Italy High School:
Italy Middle School:
Remarks
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 by: Keller Williams Realty



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