Fully Leased Four-Unit Residential
For Sale
$1,000,000
399 Erwin Road, Poolville, TX 76487
MULTI_FAMILY - Poolville, TX
Lot Size1.00 Acres
Days on Market14
Property Features for 399 Erwin Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2
Parking
16
Parking features
Carport
Interior features
Dumbwaiter
Appliances
Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal
Subdivision
AE Winfrey
Elementary school
Poolville
Middle school
Poolville
High school
Poolville
Elementary school district
Poolville ISD
Middle school district
Poolville ISD
High school district
Poolville ISD
Directions
i-20 to Center Point exit. North on Center Point which turns into Ric Williamson (East Loop). Right on FM 920 to right on Baggett to Erwin Road
Standard status
Active
APN
R000059295
Lot size
1.00 Acres
Taxes and HOA fees
Tax Description
1.050, TR:, BLK:, SURV: A E WINFREY
Tax Annual Amount
4934
Legal Description
1.050, TR:, BLK:, SURV: A E WINFREY
Utilities
Sewer type
Aerobic Septic, Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Well
Building Details
Year built
2018
Floors in Building
1
Number of units
4
Flooring type
Concrete
Building materials
Brick
Roof type
Composition
Listing Agency:
Fathom Realty
(888) 455-6040
Listed By:
Woody Willhite · License #0513506
(888) 455-6040
Added: Jul 17
Changed: Jul 27
Last Checked: Jul 30 at 9:06PM
MLS# 21254614
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 fully leased four-unit residential income property offers a straightforward, stabilized setup for investors. The building consists of four 3-bedroom, 2-bath units, each supported by well and septic services. As presented, the property is described as being in exceptional condition, with all units currently occupied.
Located at 399 Erwin Road in Poolville, Texas, the property falls within Poolville ISD, which can be an important consideration for tenant demand. The offering is for sale in Parker County.
Because the units are already leased, this asset is best suited to buyers seeking current income without the initial leasing cycle. The consistent 3-bedroom, 2-bath unit mix may also appeal to renters looking for more space, while the well-and-septic configuration can simplify reliance on municipal utilities. For investors evaluating residential income in a school-district setting, this is a practical, turn-key option with ongoing occupancy.
Located at 399 Erwin Road in Poolville, Texas, the property falls within Poolville ISD, which can be an important consideration for tenant demand. The offering is for sale in Parker County.
Because the units are already leased, this asset is best suited to buyers seeking current income without the initial leasing cycle. The consistent 3-bedroom, 2-bath unit mix may also appeal to renters looking for more space, while the well-and-septic configuration can simplify reliance on municipal utilities. For investors evaluating residential income in a school-district setting, this is a practical, turn-key option with ongoing occupancy.
Key Highlights
- Fully leased multi‑unit property with four 3‑bedroom, 2‑bath units
- Built in 2018 with brick construction
- Heating includes electric and central, with electric central air conditioning
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 76487, TX
3,238
Population
1,437
Households
2.3
Avg Household Size
44
Median Age
13%
College-Educated
88%
High-School Grad
88.7 sq mi
ZIP Area
37
Density / Sq Mi
$73,810
Median Household Income
$30,940
Median Earnings
$220,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased four-unit income property with three-bedroom, two-bath units on private well and septic.
Where is this quadplex located?
The property is located at 399 Erwin Road Poolville, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Fully leased multi‑unit property with four 3‑bedroom, 2‑bath units; Built in 2018 with brick construction; Heating includes electric and central, with electric central air conditioning
