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Four-Plex with Central HVAC
New
For Sale
$349,000

113 S Summit Street, Red Oak, TX 75154

MULTI_FAMILY - Red Oak, TX

Lot Size0.27 Acres
Days on Market3

Property Features for 113 S Summit Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 4
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3
Parking 6
Parking features Driveway
Appliances Dishwasher, ElectricCooktop, ElectricOven, Microwave, Refrigerator
Subdivision Valley Estates
Elementary school Wooden
Middle school Red Oak
High school Red Oak
Elementary school district Red Oak ISD
Middle school district Red Oak ISD
High school district Red Oak ISD
Directions follow google maps
Standard status Active
APN 169371
Lot size 0.27 Acres

Taxes and HOA fees

Tax Description LOT 2 BLK 1 VALLEY ESTATES 0.266 AC
Tax Annual Amount 9000
Legal Description LOT 2 BLK 1 VALLEY ESTATES 0.266 AC

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1994
Floors in Building 1
Number of units 4
Flooring type Carpet, Tile
Building materials Brick, Concrete, WoodSiding
Roof type Shingle
Listing Agency: Mersal Realty
Listed By: Sridhar Kothalanka · License #0664632
Added: Aug 1 Changed: Aug 2 Last Checked: Aug 3 at 6:06AM
MLS# 21347820

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 four-plex offers four 1-bedroom, 1-bathroom units arranged for straightforward tenant living. The property is built with brick, concrete, and wood siding, and features central heating and central air throughout. Flooring includes tile and carpet, with appliances such as a dishwasher, electric cooktop, electric oven, microwave, and refrigerator in each unit. Public water and public sewer service support the community. The building was constructed in 1994, with a shingle roof and driveway parking.

The property is described as 100% occupied with long-term tenants, providing immediate rental stability. Recent capital improvements include new HVAC systems, designed to reduce future maintenance and improve long-term reliability. Each unit includes an electric stove and other listed appliances for a lower-maintenance setup.

Located on a 0.266-acre lot in Red Oak, TX, the four-plex is presented as an income-producing residential asset with a functional unit mix and updated mechanicals.

Key Highlights

  • Four one‑bedroom, one‑bath units
  • 100% occupied with long‑term tenants
  • New HVAC systems as recent capital improvements

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Plumbing Service Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby

Demographics for 75154, TX

45,894
Population
17,170
Households
2.7
Avg Household Size
36
Median Age
31%
College-Educated
88%
High-School Grad
47.8 sq mi
ZIP Area
960
Density / Sq Mi
$96,150
Median Household Income
$48,112
Median Earnings
$1,446
Median Rent
$296,000
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 - Four one-bedroom, one-bath units with central heating and central air, served by public water and public sewer.
Where is this quadplex located?
The property is located at 113 S Summit Street Red Oak, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath units; 100% occupied with long‑term tenants; New HVAC systems as recent capital improvements
More about this property
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