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Well-Kept Duplex
For Sale
$250,000
Pending

306 Mill Street, Lone Oak, TX 75453

MULTI_FAMILY - Lone Oak, TX

Property SizeContact for details
Lot Size0.32 Acres
Days on Market49

Property Features for 306 Mill Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 5
Parking 4
Interior features CableTv
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 to lone oak on 69 take a right on old mill st and left on Mill st property on right at corner of Etter st.
Standard status Pending
APN 73948
Lot size 0.32 Acres

Taxes and HOA fees

Tax Description S4395 ORIG TOWN OF LONE OAK BLK 107 LOT 7 ACR
Tax Annual Amount 4859
Legal Description S4395 ORIG TOWN OF LONE OAK BLK 107 LOT 7 ACR

Utilities

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

Building Details

Year built 2005
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials WoodSiding
Roof type Shingle
Listing Agency: AT Home Texas Real Estate
Listed By: Alex Hammons · License #0682258
Added: Jun 17 Changed: Aug 3 Last Checked: Aug 4 at 4:06AM
MLS# 21255183

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 well-kept duplex in Lone Oak features two residential units with long-term tenants on both sides. One side has three bedrooms and two bathrooms, and the other side has two bedrooms and one bathroom. Interior features include cable TV, and the property has a dishwasher. Construction includes wood siding with vinyl flooring.

Built in 2005, the duplex includes central electric heating and central air conditioning, along with ceiling fans. The roof is shingle, with public water and public sewer service provided.

The property sits on a 0.32-acre lot and is a straightforward income-producing option for buyers seeking a duplex with tenant-occupied units.

Key Highlights

  • 0.32‑acre duplex lot
  • Year built 2005
  • Two units with long‑term tenants

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply HVAC Service Plumbing Service Garden Center Furniture & Home Goods Bakery

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

96
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?
Duplex - Duplex with long-term tenants on both sides, public water and sewer, and central electric heating and cooling.
Where is this duplex located?
The property is located at 306 Mill Street Lone Oak, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 0.32‑acre duplex lot; Year built 2005; Two units with long‑term tenants
More about this property
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