4074 Crk 152 Bullard, TX 75757
This exceptional 16-unit multifamily complex presents a lucrative investment opportunity in the thriving Bullard, TX market. Strategically located between Tyler and Bullard, with convenient access to State Hwy 69, this property boasts a prime location for attracting and retaining tenants. The complex comprises four buildings, each constructed in a different year between 2020 and 2023, ensuring modern amenities and construction standards. All sixteen units feature identical floor plans, offering consistency and ease of management. Exterior units provide three bedrooms and two bathrooms, while interior units offer two bedrooms and two bathrooms. High-quality finishes throughout include stained concrete floors, energy-efficient spray foam insulation, and high-efficiency AC systems, minimizing maintenance costs and maximizing tenant comfort. Currently operating at 100% occupancy, this property generates immediate cash flow. The consistent construction and high occupancy rate make this a low-risk, high-reward investment, ideal for adding to an existing portfolio or for first-time multifamily investors. The property's location and modern features ensure strong rental demand and long-term stability. This is a turnkey operation ready for immediate ownership and income generation. The property sits on a zero-acre lot. The asking price is $3,100,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.