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$725,000
131-139 Houston Street
Italy, TX 76651 · MLS #21343744
12Beds
8Baths
5,000Sq Ft
2020Year Built
0.57 acLot Size
0Garage Spaces
NoHOA
$16,252Annual Taxes
QuadruplexProperty Type
E D HarrsionSubdivision
EllisCounty
1.00Stories
—Fireplaces
NonePool

About This Home

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.
What Stands Out
✓ Fenced yard

Interior Features

HeatingCentral, Electric
CoolingCentral Air, Ceiling Fans, Electric
FlooringCarpet, Laminate
Interior FeaturesDecorative Designer Lighting Fixtures, Eat In Kitchen, Kitchen Island, Open Floorplan

Kitchen, Appliances & Utilities

AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
UtilitiesSewer Available, Water Available

Exterior & Lot

FencingWood
ConstructionBrick
FoundationSlab
RoofComposition
ParkingDriveway, Shared Driveway
PoolNone

Rooms & Dimensions

Room dimensions are not available for this listing.

Schools

ElementaryStafford
Middle / JuniorItaly
High SchoolItaly
DistrictItaly ISD
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Listing courtesy of Keller Williams Realty · Listing agent: Neil Clements · MLS #21343744 · Last updated 2026-10-21 20:54:10.163000
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