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Four-Unit Multifamily Property
For Sale
$735,000

131-139 Houston Street, Italy, TX 76651

ResidentialIncome, Italy, TX

Property Size5,000 SF
Lot Size0.57 Acres
Price / SF$147
Days on Market29

Property Features for 131-139 Houston Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 12
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 7, Bathroom 2, Bedroom 10, Bedroom 9, Bedroom 11, Bedroom 7, Bathroom 5, Bedroom 3, Bathroom 4, Bedroom 6, Bathroom 8, Bedroom 8, Bathroom 6, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 12, Bedroom 5
Parking 8
Parking features Driveway
Interior features DecorativeDesignerLightingFixtures, EatInKitchen, KitchenIsland, OpenFloorplan
Appliances Dishwasher, ElectricCooktop, ElectricOven, Disposal, Microwave
Subdivision E D Harrsion
Elementary school Stafford
Middle school Italy
High school Italy
Elementary school district Italy ISD
Middle school district Italy ISD
High school district Italy ISD
Directions From 77 out of Waxachie you can take Main left to Houston
Standard status Active
APN 185733
Size 5,000 SF
Lot size 0.57 Acres

Taxes and HOA fees

Tax Description 512 E D HARRISON 0.569 ACRES
Tax Annual Amount 16252
Legal Description 512 E D HARRISON 0.569 ACRES

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Ceiling Fan(s), Central Air, Electric
Water source Public

Building Details

Year built 2020
Floors in Building 1
Number of units 4
Flooring type Carpet, Laminate
Building materials Brick
Roof type Composition
Listing Agency: Keller Williams Realty
Listed By: Neil Clements · License #0659054
Added: Aug 7 Changed: Sep 2 Last Checked: Sep 4 at 12:06AM
MLS# 21343744

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 2020, this multifamily property comprises two side-by-side duplexes with four total units. Each residence offers three bedrooms, two bathrooms, an open floor plan, an eat-in kitchen, a kitchen island, and 1,250 SF of living area. Brick construction, central heating and cooling, laminate and carpet flooring, and a driveway support the configuration.

All units are occupied and professionally managed. Separate metering covers electric, water, sewer, and trash, while owner responsibilities include taxes, insurance, lawn care, and management. The property sits on 0.569 acres with public water and public sewer. Easy access to I-35 connects the site with Waxahachie, Hillsboro, and DFW. The property has a 9.87 gross income multiplier and may support a 1031 exchange strategy.

Key Highlights

  • Four total units arranged as two side‑by‑side duplexes
  • Each unit includes 3 bedrooms, 2 bathrooms, and 1,250 SF
  • Built in 2020 on 0.569 acres

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Bakery Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

166
Businesses Nearby

Demographics for 76651, TX

3,373
Population
1,539
Households
2.2
Avg Household Size
39
Median Age
21%
College-Educated
90%
High-School Grad
94.9 sq mi
ZIP Area
36
Density / Sq Mi
$69,191
Median Household Income
$41,169
Median Earnings
$1,152
Median Rent
$213,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Two side-by-side duplexes provide three-bedroom, two-bath layouts with separate utility metering.
Where is this quadplex located?
The property is located at 131-139 Houston Street Italy, TX.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Four total units arranged as two side‑by‑side duplexes; Each unit includes 3 bedrooms, 2 bathrooms, and 1,250 SF; Built in 2020 on 0.569 acres
More about this property
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