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Quadplex with Separately Metered Utilities
For Sale
$450,000

304 Mcbride Street, Lone Oak, TX 75453

MULTI_FAMILY - Lone Oak, TX

Property SizeContact for details
Lot Size0.72 Acres
Days on Market92

Property Features for 304 Mcbride Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 9
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 8, Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 7, Bathroom 3, Bedroom 9, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 5
Parking 8
Interior features BuiltInFeatures
Appliances Dishwasher
Subdivision Orig Town Of Lone Oak
Elementary school Loneoak
Middle school Loneoak
High school Loneoak
Elementary school district Lone Oak ISD
Middle school district Lone Oak ISD
High school district Lone Oak ISD
Directions From Greenville head down 69 to lone oak take a right on to old mill rd then a right onto mcbride both units are on the left .
Standard status Active
APN 73829
Lot size 0.72 Acres

Taxes and HOA fees

Tax Description S4395 ORIG TOWN OF LONE OAK BLK 92 LOT 3 ACRE
Tax Annual Amount 8353
Legal Description S4395 ORIG TOWN OF LONE OAK BLK 92 LOT 3 ACRE

Utilities

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

Building Details

Year built 1989
Floors in Building 1
Number of units 4
Flooring type Tile, Carpet, Vinyl
Building materials Brick
Roof type Shingle
Listing Agency: AT Home Texas Real Estate
Listed By: Alex Hammons · License #0682258
Added: May 5 Changed: Aug 3 Last Checked: Aug 4 at 4:06AM
MLS# 21256528

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 quadplex consists of two duplexes on one lot and contains four units, configured as three 2-bedroom, 1-bath homes and one 3-bedroom, 1-bath home. All units are separately metered, and tenants are responsible for all utilities, which helps keep owner expenses controlled. Each unit includes driveway parking. The interior includes recently updated finishes, with in-unit dishwashers and a mix of carpet, tile, and vinyl flooring.

The property is a brick building with central air conditioning and central heating. Heating is provided via electric and natural gas systems, and the roof is shingle. Public water and public sewer serve the property.

All units are currently fully occupied, with 12-month lease terms in place.

Key Highlights

  • Four units: three 2‑bedroom, 1‑bath plus one 3‑bedroom, 1‑bath
  • Two duplexes on one lot
  • Separately metered utilities with tenants responsible for all utilities

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Plumbing Service Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store Garden Center

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

111
Businesses Nearby

Demographics for 75453, TX

3,737
Population
1,298
Households
2.9
Avg Household Size
43
Median Age
13%
College-Educated
86%
High-School Grad
78.4 sq mi
ZIP Area
48
Density / Sq Mi
$82,000
Median Household Income
$51,506
Median Earnings
$1,096
Median Rent
$204,500
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-unit quadplex with separately metered services and tenant-paid utilities, including three 2-bedroom units and one 3-bedroom unit.
Where is this quadplex located?
The property is located at 304 Mcbride 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 units: three 2‑bedroom, 1‑bath plus one 3‑bedroom, 1‑bath; Two duplexes on one lot; Separately metered utilities with tenants responsible for all utilities
More about this property
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