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Modern 4-Plex Investment Property

508 E Hazelwood Street Princeton, TX 75407

Claim this Listing
For Sale
$998,000

MULTI_FAMILY - Princeton, TX

Lot size:
0.21 Acres
Added:
Apr 30, 2026
Days on Market:
73
Last Refresh:
Jul 11 at 4:06 am

Property Features for 508 E Hazelwood Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
8
Rooms
Bedroom 8, Bathroom 4, Bedroom 2, Bedroom 7, Bedroom 3, Bedroom 10, Bedroom 11, Bathroom 1, Bathroom 7, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 12, Bathroom 6, Bathroom 3, Bedroom 9, Bedroom 6, Bathroom 8, Bathroom 5, Bathroom 2
Parking
8
Interior features
BuiltInFeatures
Appliances
Dishwasher, ElectricRange, Disposal
Standard status
Active
APN
R1123000A00701
Lot size
0.21 Acres

Taxes and HOA fees

Tax Description
HAZELWOOD LOFTS ADDITION (CPN), BLK A, LOT 7
Tax Annual Amount
16777

Utilities

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

Building Details

Year built
2017
Floors in Building
2
Number of units
4
Flooring type
Carpet
Building materials
Brick
Roof type
Composition

Listing agent Dustin Tucker License #0640970

Listing office ByOwner.com Boca Raton, TX

Listing date Apr 30, 2026

MLS# 21241775 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.

Built in August 2018, this modern four-plex features four separate 3-bedroom, 2-bath apartment units with open, airy layouts designed for everyday living. Each unit is approximately 1,400 square feet and includes a walk-in closet in the primary bedroom. On-site improvements also support resident convenience, including a large parking lot serving all residents and an extra, lockable storage room for each unit located next to the front door.

The property is situated on a quiet street in the heart of Princeton, yet it overlooks Princeton High School stadium and ACE Hardware, with views toward the Hwy 380 corridor while avoiding the attendant noise. The location is described as convenient to major shopping, including Walmart roughly four minutes away.

With a relatively recent construction date and a consistent, family-friendly unit mix, this 4-plex is well suited for investors seeking a smaller multifamily asset with practical resident amenities. Current and described rental performance supports underwriting for an income-oriented hold, with the added value of individual storage and ample on-site parking for tenant retention.

Key Highlights

  • 4‑plex with each unit described as 3‑bedroom, 2‑bath and 1,400 SF per unit
  • Rents consistently listed at $1,465/month per unit
  • Built August 2018; brick construction with a composition roof

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Plumbing Service Furniture & Home Goods Locksmith Dental Office (Bike/Boat/Book/etc) Store Accounting Firm Skin Care Clinic Home Appliance Store Storage Facility

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

FAQs

What type of property is this?
Quadplex - Newer four-unit community built in 2018, offering spacious 3-bedroom floorplans, on-site parking, and individual storage.
Where is this quadplex located?
The property is located at 508 E Hazelwood Street Princeton, TX.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: 4‑plex with each unit described as 3‑bedroom, 2‑bath and 1,400 SF per unit; Rents consistently listed at $1,465/month per unit; Built August 2018; brick construction with a composition roof
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