LKV Realty
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$735,000
$3,900Reward *
131-139 Houston Street, Italy, TX 76651Listing ID 21343744

131-139 Houston Street, Italy, TX 76651

Active
E D Harrsion
Time on site: 11 daysLast updated: 4 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Bedrooms
Bedrooms
12
Bathrooms
Bathrooms
8
Square Feet
Square Feet
5,000
Acres
Acres
0.57
Days on Site
Days on Site
11
Cooling
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Heating
Central, Electric
Year Built
Year Built
2020
Parking
Parking
Driveway, Shared Driveway

Turnkey 4-unit multi-family built in 2020 — two side-by-side duplexes, all four units 3 bedroom, 2 bath at 1,250 SF each. Fully occupied with professional management in place. Gross annual income of $74,440 with a 9.87 gross income multiplier. The 3-bedroom unit mix is rare in this market and drives both higher rents and longer tenancies. Tenants pay all utilities — every unit is separately metered for electric, water, sewer, and trash. Owner expenses are limited to taxes, insurance, lawn care, and management. Sitting on 0.569 acres complete with parking and easy I-35 access linking to Waxahachie, Hillsboro, and DFW. Ideal 1031 exchange replacement property.

Property Information

Property Details

Location

Address
131-139 Houston Street
County
Ellis
City
Italy
Zip Code
76651
Subdivision
E D Harrsion
School District
Italy ISD
High School
Italy
Elementary School
Stafford

Interior Features

Beds and Baths

Bedrooms
12
Full Bathrooms
8

Building

Building Information

Square Feet
5,000
Year Built
2020
Construction
Brick
Foundation
Slab
Roof
Composition

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$16,252
Neil ClementsKeller Williams Realty, (972) 938-2222

Market Report for 76651

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: North Texas Real Estate Information Systems, Inc.
North Texas Real Estate Information Systems, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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