Fourplex Apartment Income
5256 County Road 803 Joshua, TX 76058
For Sale
$2,600,000
Four leased fourplex buildings deliver modern one-bedroom units with in-unit laundry-ready utility rooms.
Property Size9,999 SF
Lot Size6.92 Acres
Price / SF$260.03
Days on Market82
Property Features for 5256 County Road 803
General Information
- Standard status
- Active
- Size
- 9,999 SF
- Lot size
- 6.92 Acres
- Property subtype
- Multi-Family / Fourplex
Building Details
- Year Built
- 2024
Listing Agency:
Dalton Wade, Inc.
(940) 255-1325
Listed By:
Rebecca Smith · License #0445007
(940) 255-1325
Source:
Compass
Added: May 3
Changed: Jul 10
Last Checked: Jul 23 at 10:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dalton Wade, Inc.
Investment Insights
Based on property information with market context.
This multifamily property features four fourplex buildings totaling 16 residential units. Construction spans a newer period between 2021 and 2026, with modern finishes and durable materials intended for long-term maintenance efficiency. Each unit is a one-bedroom, one-bath layout with vaulted ceilings that include a mix of vaulted wood and vaulted tin ceiling finishes. Flooring includes stained concrete and tile, along with interior wood walls that add a more distinctive, warm character. Residents have dedicated utility rooms with full-size washer and dryer connections. The buildings are serviced by an aerobic septic system, and units are covered by seamless metal roofs designed for durability. Every unit also includes a covered two-car carport with concrete parking beneath, supported by gravel drive access throughout the property.
The asset is located at 5256 County Road 803 in Joshua, Texas, and includes additional land in the form of 6.92 acres of grassland. Gravel drive access supports the existing site layout and rural setting, with the additional acreage providing flexibility for future on-site opportunities or long-term land use.
From an operator perspective, the property is positioned for steady occupancy, as all 16 units are currently leased under one-year lease agreements. The combination of newer construction, durable exterior systems, and practical unit features such as dedicated laundry connections and covered parking supports a turn-key residential income strategy.
The asset is located at 5256 County Road 803 in Joshua, Texas, and includes additional land in the form of 6.92 acres of grassland. Gravel drive access supports the existing site layout and rural setting, with the additional acreage providing flexibility for future on-site opportunities or long-term land use.
From an operator perspective, the property is positioned for steady occupancy, as all 16 units are currently leased under one-year lease agreements. The combination of newer construction, durable exterior systems, and practical unit features such as dedicated laundry connections and covered parking supports a turn-key residential income strategy.
Key Highlights
- Four fourplex buildings totaling 16 residential units, all currently leased on one‑year lease agreements
- Newer construction built between 2021 and 2026 (year built: 2024) with brick construction and 1‑story layout
- Each unit is a 1‑bedroom, 1‑bath open floor plan with vaulted ceilings and walk‑in closets
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Four leased fourplex buildings deliver modern one-bedroom units with in-unit laundry-ready utility rooms.
Where is this apartment building located?
The property is located at 5256 County Road 803 Joshua, TX.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Four fourplex buildings totaling 16 residential units, all currently leased on one‑year lease agreements; Newer construction built between 2021 and 2026 (year built: 2024) with brick construction and 1‑story layout; Each unit is a 1‑bedroom, 1‑bath open floor plan with vaulted ceilings and walk‑in closets