Four-Unit Quadplex With Duplex
New
For Sale
$735,000
131-139 Houston Street, Italy, TX 76651
Four three-bedroom units feature separate utility metering, on-site parking, and professional management.
Property Size5,000 SF
Lot Size0.57 Acres
Price / SF$147
Days on Market2
Property Features for 131-139 Houston Street
General Information
Standard status
Active
Size
5,000 SF
Lot size
0.57 Acres
Property subtype
Quadruplex
Occupancy
100%
Financials
Gross Income
$74,440
Gross Rent Multiplier
9.87
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 3BR/2BA
Multifamily Units
4
Building Details
Year Built
2020
Buildings
2
Listing Agency:
Keller Williams Realty
(972) 938-2222
Listed By:
Rene Jensen · License #0659054
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Aug 10
Changed: Aug 11
Last Checked: Aug 11 at 7:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
Built in 2020, this quadplex consists of two side-by-side duplexes containing four three-bedroom, two-bath units. Each residence measures 1,250 SF, creating a consistent layout across the property. The units are fully occupied, and professional management is already in place.
The property spans 0.569 acres and includes parking. Each unit is separately metered for electric, water, sewer, and trash, with tenants paying those utilities. Owner-paid responsibilities are limited to taxes, insurance, lawn care, and management. The property also offers access to I-35, with connections toward Waxahachie, Hillsboro, and DFW. Reported operating metrics include a 9.87 gross income multiplier and 74,440 in gross annual income; the income figure is included as a non-price operating metric.
The property spans 0.569 acres and includes parking. Each unit is separately metered for electric, water, sewer, and trash, with tenants paying those utilities. Owner-paid responsibilities are limited to taxes, insurance, lawn care, and management. The property also offers access to I-35, with connections toward Waxahachie, Hillsboro, and DFW. Reported operating metrics include a 9.87 gross income multiplier and 74,440 in gross annual income; the income figure is included as a non-price operating metric.
Key Highlights
- Four‑unit quadplex arranged as two side‑by‑side duplexes
- Each unit offers 3 bedrooms, 2 baths, and 1,250 SF
- Built in 2020 on 0.569 acres
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Four three-bedroom units feature separate utility metering, on-site parking, and professional management.
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‑unit quadplex arranged as two side‑by‑side duplexes; Each unit offers 3 bedrooms, 2 baths, and 1,250 SF; Built in 2020 on 0.569 acres
