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Two-Duplex Four-Unit Income Property

304 Mc Bride Street Lone Oak, TX 75453

304 Mc Bride Street, Lone Oak, TX, 75453
$450,000
For Sale
$450,000

Turnkey four-unit property with three 2-bedroom units and one 3-bedroom unit, separately metered and fully occupied.

Property Size3,544 SF
Price / SF$126.98
Days on Market86

Property Features for 304 Mc Bride Street

General Information

Standard status
Active
Size
3,544 SF
Property subtype
Multi-Family / Full Duplex

Building Details

Year Built
1989
Listing agency AT Home Texas Real Estate
Listed by Alex Hammons · License #0682258
Source Compass
Added: Apr 28 Updated: Jul 22 at 12:12PM Checked: Jul 22 at 12:12PM

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 AT Home Texas Real Estate


Investment Insights

Based on property information with market context.

This turnkey income-producing property consists of two duplexes on one lot, totaling four residential units. The unit mix includes three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. Each unit is separately metered, and tenants are responsible for all utilities, supporting lower owner expenses. Driveway parking is provided for each unit, and the interiors have been recently updated.

The property is fully occupied and is cash flowing from day one. All leases are 12-month terms, creating stable and predictable income for the next owner.

The asset presents a low-maintenance setup with separately metered utilities and recent interior updates, while maintaining a residential rental mix across the four units. Showings are available with an accepted offer, and tenants should not be disturbed.

Key Highlights

  • Four‑unit property (two duplexes) built in 1989 with three 2‑bedroom, 1‑bath units and one 3‑bedroom, 1‑bath unit
  • All units are separately metered, and tenants are responsible for utilities
  • Fully occupied with 12‑month lease terms for stable, predictable income

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

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

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

FAQs

What type of property is this?
Quadplex - Turnkey four-unit property with three 2-bedroom units and one 3-bedroom unit, separately metered and fully occupied.
Where is this quadplex located?
The property is located at 304 Mc Bride Street Lone Oak, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit property (two duplexes) built in 1989 with three 2‑bedroom, 1‑bath units and one 3‑bedroom, 1‑bath unit; All units are separately metered, and tenants are responsible for utilities; Fully occupied with 12‑month lease terms for stable, predictable income
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