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Full Duplex with Recent Updates
New
For Sale
$430,000

419 & 421 Mcgrede Drive, Sulphur Springs, TX 75482

ResidentialIncome, Sulphur Springs, TX

Property SizeContact for details
Lot Size0.26 Acres
Days on Market1

Property Features for 419 & 421 Mcgrede Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1
Parking 2
Interior features CableTv
Appliances Dishwasher, ElectricRange, Disposal, GasWaterHeater, Refrigerator
Subdivision Meadowview
Elementary school Bowie
Middle school Sulphurspr
High school Sulphurspr
Elementary school district Sulphur Springs ISD
Middle school district Sulphur Springs ISD
High school district Sulphur Springs ISD
Directions see gps
Standard status Active
APN R000006305
Lot size 0.26 Acres

Taxes and HOA fees

Tax Description LOT: 11 BLK: 205 1 1 ADDN: MEADOWVIEW
Tax Annual Amount 7790
Legal Description LOT: 11 BLK: 205 1 1 ADDN: MEADOWVIEW

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1984
Floors in Building 1
Number of units 2
Flooring type Tile, Laminate
Building materials Brick
Roof type Shingle
Listing Agency: Fathom Realty LLC
Listed By: Chi Bennett
Added: Aug 23 Last Checked: Aug 23 at 10:06PM
MLS# 21367148

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.

The property at 419 and 421 Mcgrede Drive is a full duplex on a 0.255-acre lot in Sulphur Springs. Built in 1984, the brick improvement has central heating and cooling, shingle roofing, tile and laminate flooring, and appliances including dishwashers, electric ranges, disposals, gas water heaters, and refrigerators.

Recent work includes a new roof in 2022 and new gutters in 2025. The 419 side was painted and received laminate flooring and tile during 2025. Public water and public sewer serve the property. The 421 side is tenant occupied, and showings should be conducted without disturbing residents.

Key Highlights

  • Full duplex at 419 and 421 Mcgrede Drive
  • 0.255‑acre lot in Sulphur Springs
  • New roof installed in 2022

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Storage Facility Carpet & Flooring Store Electrical Service Butcher Home Appliance Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

564
Businesses Nearby

Demographics for 75482, TX

25,743
Population
10,896
Households
2.4
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
313.5 sq mi
ZIP Area
82
Density / Sq Mi
$64,049
Median Household Income
$36,042
Median Earnings
$1,047
Median Rent
$202,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Brick duplex with central HVAC, public water, and public sewer.
Where is this duplex located?
The property is located at 419 & 421 Mcgrede Drive Sulphur Springs, TX.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Full duplex at 419 and 421 Mcgrede Drive; 0.255‑acre lot in Sulphur Springs; New roof installed in 2022
More about this property
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