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Four-Unit Apartment Property
For Sale
$998,000

508 E Hazelwood Street, Princeton, TX 75407

ResidentialIncome, Princeton, TX

Property SizeContact for details
Lot Size0.21 Acres
Days on Market137

Property Features for 508 E Hazelwood Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 12
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 10, Bedroom 3, Bedroom 8, Bedroom 7, Bathroom 3, Bathroom 4, Bathroom 7, Bathroom 1, Bedroom 11, Bedroom 2, Bedroom 4, Bathroom 6, Bathroom 5, Bedroom 6, Bedroom 9, Bathroom 2, Bathroom 8, Bedroom 5, Bedroom 1, Bedroom 12
Parking 8
Interior features BuiltInFeatures
Appliances Dishwasher, ElectricRange, Disposal
Subdivision Hazelwood Lofts Add
Elementary school Lacy
Middle school Clark
High school Lovelady
Elementary school district Princeton ISD
Middle school district Princeton ISD
High school district Princeton ISD
Directions From 380, in princeton, go south on s 4th st, Left on E Hazlewood St, Property is on the left.
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
Legal Description HAZELWOOD LOFTS ADDITION (CPN), BLK A, LOT 7

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
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
Listed By: Dustin Tucker · License #0640970
Added: Apr 30 Changed: Sep 12 Last Checked: Sep 13 at 5:06AM
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.

This four-unit apartment property at 508 E Hazelwood Street in Princeton includes four residences, each measuring 1,400 square feet with three bedrooms, two bathrooms, and an open floor plan. Individual features include a walk-in closet in the primary bedroom, a lockable storage room beside the front entry, dishwasher, electric range, disposal, central air, electric heat, carpet flooring, and brick construction. A common parking lot serves the property, which sits on a 0.209-acre lot with public water and public sewer.

The property is positioned near Princeton High School, its stadium, ACE Hardware, and Hwy 380. Walmart is approximately 4 minutes away. The setting is described as a quieter street while remaining in the central Princeton area.

Key Highlights

  • Four residential units, each with 1,400sf, 3 bedrooms, and 2 bathrooms
  • Built August 2018 stated in property remarks; YearBuilt field lists 2017
  • 0.209‑acre lot with a large on‑property parking lot

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Plumbing Service Furniture & Home Goods Locksmith Dental Office (Bike/Boat/Book/etc) 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby

Demographics for 75407, TX

25,738
Population
10,095
Households
2.5
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
49.9 sq mi
ZIP Area
516
Density / Sq Mi
$92,076
Median Household Income
$48,912
Median Earnings
$1,867
Median Rent
$307,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Four matching residences offer open layouts, private storage, and shared on-site parking near Princeton High School.
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: Four residential units, each with 1,400sf, 3 bedrooms, and 2 bathrooms; Built August 2018 stated in property remarks; YearBuilt field lists 2017; 0.209‑acre lot with a large on‑property parking lot
More about this property
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