Modern 4-Plex Investment
508 E Hazelwood Street Princeton, TX 75407
For Sale
$998,000
MULTI_FAMILY - Princeton, TX
Lot Size0.21 Acres
Days on Market89
Property Features for 508 E Hazelwood Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
12
Bathrooms
8
Rooms
Bathroom 1, Bedroom 9, Bedroom 10, Bathroom 4, Bedroom 11, Bedroom 2, Bedroom 6, Bedroom 7, Bathroom 6, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 8, Bathroom 8, Bathroom 3, Bedroom 5, Bathroom 2, Bathroom 5, Bedroom 12, Bathroom 7
Parking
8
Interior features
BuiltInFeatures
Appliances
Dishwasher, ElectricRange, Disposal
Standard status
Active
APN
R1123000A00701
Lot size
0.21 Acres
Taxes and HOA fees
Tax Description
HAZELWOOD LOFTS ADDITION (CPN), BLK A, LOT 7
Tax Annual Amount
16777
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2017
Floors in Building
2
Number of units
4
Flooring type
Carpet
Building materials
Brick
Roof type
Composition
Listing Agency:
ByOwner.com
(833) 975-2020
Listed By:
Dustin Tucker · License #0640970
(800) 296-9637
Added: Apr 30
Changed: Jul 27
Last Checked: Jul 27 at 1:06PM
MLS# 21241775
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.
Built in August 2018, this modern four-plex features four separate 3-bedroom, 2-bath apartment units with open, airy layouts designed for everyday living. Each unit is approximately 1,400 square feet and includes a walk-in closet in the primary bedroom. On-site improvements also support resident convenience, including a large parking lot serving all residents and an extra, lockable storage room for each unit located next to the front door.
The property is situated on a quiet street in the heart of Princeton, yet it overlooks Princeton High School stadium and ACE Hardware, with views toward the Hwy 380 corridor while avoiding the attendant noise. The location is described as convenient to major shopping, including Walmart roughly four minutes away.
With a relatively recent construction date and a consistent, family-friendly unit mix, this 4-plex is well suited for investors seeking a smaller multifamily asset with practical resident amenities. Current and described rental performance supports underwriting for an income-oriented hold, with the added value of individual storage and ample on-site parking for tenant retention.
The property is situated on a quiet street in the heart of Princeton, yet it overlooks Princeton High School stadium and ACE Hardware, with views toward the Hwy 380 corridor while avoiding the attendant noise. The location is described as convenient to major shopping, including Walmart roughly four minutes away.
With a relatively recent construction date and a consistent, family-friendly unit mix, this 4-plex is well suited for investors seeking a smaller multifamily asset with practical resident amenities. Current and described rental performance supports underwriting for an income-oriented hold, with the added value of individual storage and ample on-site parking for tenant retention.
Key Highlights
- 2017‑built quadplex/4‑plex with four 1,400 SF units (built August 2018)
- Each unit is a 3‑bedroom, 2‑bath layout
- Rents stated at $1,465 per month per unit (nearby unit 514‑B referenced at $1,625 per month)
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Newer four-unit community built in 2018, offering spacious 3-bedroom floorplans, on-site parking, and individual storage.
Where is this quadplex located?
The property is located at 508 E Hazelwood Street Princeton, TX.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: 2017‑built quadplex/4‑plex with four 1,400 SF units (built August 2018); Each unit is a 3‑bedroom, 2‑bath layout; Rents stated at $1,465 per month per unit (nearby unit 514‑B referenced at $1,625 per month)
