Back to Search
Two-Side Duplex Investment

306 Mill Street Lone Oak, TX 75453

306 Mill Street, Lone Oak, TX, 75453
$250,000
Pending
For Sale
$250,000
Pending

MULTI_FAMILY - Lone Oak, TX

Lot Size0.32 Acres
Days on Market32

Property Features for 306 Mill Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 2
Parking
4
Interior features
CableTv
Appliances
Dishwasher
Standard status
Pending
APN
73948
Lot size
0.32 Acres

Taxes and HOA fees

Tax Description
S4395 ORIG TOWN OF LONE OAK BLK 107 LOT 7 ACR
Tax Annual Amount
4859

Utilities

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

Building Details

Year built
2005
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
WoodSiding
Roof type
Shingle
Listing Agency AT Home Texas Real Estate
GREENVILLE, TX
Listed by Alex Hammons · License #0682258
Added: Jun 17 Checked: Jul 18 at 9:06 am
MLS# 21255183 Listing URL

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.

This well-kept duplex features two separate rental units under one roof. One side is configured as a 3-bedroom, 2-bath layout and is occupied by long-term tenants who take care of the home. The other side offers a 2-bedroom, 1-bath layout with long-term tenants as well, supporting an income-producing structure with established occupancy. The property also presents with attractive curb appeal.

Located at 306 Mill Street in Lone Oak, Texas, the duplex sits closer into town. The lot size is listed at 0.32 acres, providing a manageable residential footprint. Please note that tenants are established and request that the property not be disturbed—do not knock on the door.

For investors or owner-operators, the duplex provides a straightforward way to diversify rental income within a single asset. With both units currently leased to long-term tenants, the property may appeal to buyers seeking an investment that can start producing income immediately, along with the opportunity to add value over time through routine management and upkeep.

Key Highlights

  • Duplex with long‑term tenants: 3 bed, 2 bath on one side and 2 bed, 1 bath on the other
  • Built in 2005 with wood siding and a shingle roof
  • Central heating and central air conditioning with ceiling fans throughout

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply HVAC Service Plumbing Service Garden Center Furniture & Home Goods Bakery Pharmacy (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Hair Salon

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

FAQs

What type of property is this?
Duplex - Well-maintained duplex with long-term tenants on both sides, offering steady residential income potential.
Where is this duplex located?
The property is located at 306 Mill Street Lone Oak, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex with long‑term tenants: 3 bed, 2 bath on one side and 2 bed, 1 bath on the other; Built in 2005 with wood siding and a shingle roof; Central heating and central air conditioning with ceiling fans throughout
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message