Search
Professionally Managed Duplex Investment
For Sale
Under Contract
$400,000

405/407 S 4th Street, Wylie, TX 75098

MULTI_FAMILY - Wylie, TX

Lot Size0.17 Acres
Days on Market14

Property Features for 405/407 S 4th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Bathroom 2
Parking 6
Parking features Alley, Open, Driveway, Garage
Interior features BuiltInFeatures, DecorativeDesignerLightingFixtures, EatInKitchen, HighSpeedInternet, OpenFloorplan, CableTv, VaultedCeilings, WalkInClosets
Exterior features PrivateEntrance, PrivateYard, RainGutters
Fireplace 1
Appliances Dishwasher, ElectricRange, Disposal, GasWaterHeater, Microwave, Refrigerator
Subdivision Trails Add
Lot features Interior Lot, Landscaped, Subdivision
Elementary school Akin
Middle school Harrison,Burnett
High school Wylie East
Elementary school district Wylie ISD
Middle school district Wylie ISD
High school district Wylie ISD
Directions East on FM 544 (Kirby) from SH-78, left on 2nd Street, right on X, right on 4th Street, 2nd duplex on the left.
Standard status Active Under Contract
APN R127500101001
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description TRAILS ADDITION (CWY), BLK A, LOT 10A & 10B
Tax Annual Amount 5642
Legal Description TRAILS ADDITION (CWY), BLK A, LOT 10A & 10B

Utilities

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

Building Details

Year built 1983
Floors in Building 1
Number of units 2
Flooring type Carpet, Vinyl, Tile
Building materials Brick
Roof type Composition
Listing Agency: Barnhart Realty Group
Listed By: Russell Page · License #0530652
Added: Jul 17 Changed: Jul 29 Last Checked: Jul 30 at 1:06PM
MLS# 21252651

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.

Well maintained, professionally managed duplex with two separate residences at 405/407 S 4th Street. The left unit is a 2-bedroom, 2-bath layout with a one-vehicle garage and recent updates, along with a newly sodded backyard. The right unit is a 3-bedroom, 2-bath layout with a one-vehicle garage and recent updates. Both units have private yards and are individually metered.

The property is located in the heart of Wylie, TX, within an established neighborhood of like properties. The duplex arrangement supports two independent living spaces while maintaining a compact lot configuration.

For buyers seeking a residential income property, this duplex provides two separate lease terms and individually metered utility service. Reported improvements include a brand new roof and screens, new HVAC installed in 2022, and additional dated replacements such as HVAC and ductwork in 2019, hot water heater updates in 2020 and 2021, plus ongoing feature updates. Advertised rents are stated as current rents, and lease expiration timing is noted for the 2-bedroom unit through mid-to-late 2026 and May 2027.

Key Highlights

  • Professionally managed duplex in Wylie with two individually metered units and private yards
  • Left unit: 2 bed, 2 bath with one‑vehicle garage; recent updates; lease expires May 2027
  • Right unit: 3 bed, 2 bath with one‑vehicle garage; recent updates; lease expires August 2026

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Food Market Law Firm Cafe & Coffee Shop Butcher

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

2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

659
Businesses Nearby

Demographics for 75098, TX

67,212
Population
22,080
Households
3
Avg Household Size
35
Median Age
41%
College-Educated
91%
High-School Grad
32.0 sq mi
ZIP Area
2,100
Density / Sq Mi
$115,587
Median Household Income
$53,163
Median Earnings
$1,979
Median Rent
$362,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two side-by-side units offer private yards, individual metering, and recent major system updates for income-focused ownership.
Where is this duplex located?
The property is located at 405/407 S 4th Street Wylie, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Professionally managed duplex in Wylie with two individually metered units and private yards; Left unit: 2 bed, 2 bath with one‑vehicle garage; recent updates; lease expires May 2027; Right unit: 3 bed, 2 bath with one‑vehicle garage; recent updates; lease expires August 2026
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