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Updated 4-Unit Quadplex
For Sale
$2,950,000

4538 Roland Avenue, Highland Park, TX 75219

ResidentialIncome, Highland Park, TX

Property SizeContact for details
Lot Size0.24 Acres
Days on Market8

Property Features for 4538 Roland Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 2, Bathroom 8, Bathroom 3, Bathroom 1, Bedroom 8, Bathroom 7, Bedroom 4, Bedroom 6, Bathroom 6, Bedroom 7, Bathroom 4, Bathroom 5, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 1
Parking 6
Parking features Guest, Garage, Open
Security features Security
Interior features BuiltInFeatures, DecorativeDesignerLightingFixtures, EatInKitchen, GraniteCounters, HighSpeedInternet, CableTv
Exterior features RainGutters, UncoveredCourtyard
Appliances Dryer, Dishwasher, Disposal, Refrigerator, Washer
Subdivision West Park
Elementary school Bradfield
Middle school Highland Park,Mcculloch
High school Highland Park
Elementary school district Highland Park ISD
Middle school district Highland Park ISD
High school district Highland Park ISD
Directions Tollway east on Lemmon, N on Lomo Alto, W on Roland. Property is on the right. Parking is allowed in front without parking permit
Standard status Active
APN 60242500980170000
Lot size 0.24 Acres

Taxes and HOA fees

Tax Description WEST PARK BLK 98 LT 17
Legal Description WEST PARK BLK 98 LT 17

Utilities

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

Amenities

in-unit washer and dryer
secured front entry

Building Details

Year built 1938
Floors in Building 2
Number of units 4
Flooring type Carpet, Hardwood
Building materials Brick
Roof type Composition, Shingle
Listing Agency: Allie Beth Allman & Assoc. · Berkshire Hathaway HomeServices
Listed By: Fiona Richards
Added: Aug 25 Last Checked: Sep 1 at 10:06AM
MLS# 21368781

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 four-unit residential income property contains four two-bedroom, two-bath residences on a 0.239-acre parcel. The units were renovated in 2022 and include hardwood flooring, walk-in closets, designer-tiled bathrooms, updated appliances, in-unit washers and dryers, and granite countertops. Each residence has a private garage and an additional parking pad, while the property also provides secured front access and an uncovered courtyard.

Built in 1938, the brick property is served by public water and public sewer. Central air, electric heating, ceiling fans, and a composition shingle roof support the building’s existing infrastructure. The property is located in Highland Park ISD and is within walking distance of shopping, dining, parks, and neighborhood amenities. All four units are occupied.

Key Highlights

  • Four 2‑bedroom, 2‑bath units renovated in 2022
  • Each residence includes a private garage and additional parking pad
  • 0.239‑acre parcel in Highland Park ISD

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Supermarket

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,137
Businesses Nearby

Demographics for 75219, TX

27,885
Population
19,190
Households
1.5
Avg Household Size
36
Median Age
71%
College-Educated
94%
High-School Grad
2.3 sq mi
ZIP Area
12,124
Density / Sq Mi
$92,541
Median Household Income
$70,549
Median Earnings
$1,751
Median Rent
$377,900
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 renovated two-bedroom residences feature private garages, in-unit laundry, and secured entry in Highland Park.
Where is this quadplex located?
The property is located at 4538 Roland Avenue Highland Park, TX.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Four 2‑bedroom, 2‑bath units renovated in 2022; Each residence includes a private garage and additional parking pad; 0.239‑acre parcel in Highland Park ISD
More about this property
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