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    105 W North St Itasca, TX 76055

    For Sale
    $795,000

    Apartment - Itasca, TX

    Type:Apartment
    Lot size:
    0.17 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 105 W North St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Property condition
    New Construction
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    3
    APN
    119556
    Parking
    2
    Interior features
    Decorative Lighting, Granite Counters, High Speed Internet Available, Kitchen Island
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Washer
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    2025
    Floors in Building
    2
    Flooring type
    Laminate
    Building materials
    Board & Batten Siding
    Roof type
    Composition
    Architectural style
    Other

    A New View Realty (817) 223-7277

    Listing agent Tammie Pressley (817) 223-7277 License #0645029

    Listing date Oct 24, 2025

    MLS# 21090224 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Construction Itasca 5-Plex Investment

    Completed in September 2025, this new construction 5-plex in Itasca, TX, presents an investment opportunity. The property features five units, each with 2 bedrooms and private ensuite bathrooms, plus a half bath downstairs. The units have an open-concept living area and granite countertops throughout. Kitchens are equipped with a refrigerator, electric range, and microwave, and include washer and dryer hookups. Constructed with board and batten siding and modern finishes, the units are designed to attract long-term tenants. All five units are leased on 12-month agreements for approximately $1,450 per month, providing a gross annual income of approximately $87,000 and an estimated 10% gross ROI. The property is located within Itasca city limits near I-35, between DFW and Waco, making it accessible for commuters and investors. The property is located at 105 W North Street, Itasca, TX 76055 and sits on a 0.172-acre lot.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Hair Salon Clothing Store Building Supply Auto Repair Shop Wholesale Shop Kitchen & Bath Department Store Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Itasca
    County
    Hill
    State
    Texas
    Longitude
    97.15172
    Latitude
    32.161136

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    FAQs

    What type of property is this?
    Apartment building - New construction 5-plex in Itasca, TX, fully leased and income-producing.
    Where is this apartment building located?
    The property is located at 105 W North St Itasca, TX.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - New construction (2025) 5-plex, offering minimal maintenance and modern appeal.; - Fully leased with 12-month agreements, generating approximately $87,000 gross annual income and an estimated 10% gross ROI.; - Each unit features 2 bedrooms with ensuite bathrooms, a half bath, and open-concept living with granite countertops.
    (817) 223-7277
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    105 W North St Itasca, TX 76055
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    Itasca, TX 76055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 W North St Itasca, TX 76055
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