131-139 Houston Street
Italy, Texas 76651
12
Bed
8
Bath
5,000Sqft
0.57Acre(Lot)
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 Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 12Bathroom Information
Total Baths: 8 Full Baths: 8 -
Interior Features
Decorative Lighting,Eat-in Kitchen,Kitchen Island,Open FloorplanAppliances
Dishwasher,Disposal,Electric Cooktop,Electric Oven,MicrowaveUtilities
City Sewer,City Water -
Cooling Features
Ceiling Fan(s),Central Air,ElectricHeating Source
Central,Electric
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Building Information
Built Year: 2020 Building Area Total: 5,000 Construction: Brick Roof Type: Composition -
Foundation
Slab -
Fencing
WoodConstruction Materials
Brick
-
Lot Information
Lot Size (Acr): 0.5690 Lot Size Units: Acres Lot Size Square Feet: 24,786 -
Property Information
SQ ft (Living Area): 5,000 Property Type: Residential Income Property Sub Type: Quadruplex Subdivision: E D Harrsion City: Italy State: Texas Directions: From 77 out of Waxachie you can take Main left to Houston Property Status: Active Levels: One Property Age: 6 Year Built Details: Preowned
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Listing Price Information
Original List Price: $735,000 List Price Tot SqFt: $147 -
Listing Information
Possession: Closing/Funding
-
Tax Information
Parcel Number: 185733 Tax Legal Description: 512 E D HARRISON 0.569 ACRES Unexempt Taxes: $16,252
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Parking Information
Garage Space: 0 Carport Spaces: 0 Parking: 8 Parking Features: Driveway,Shared Driveway -
Homeowners Association Information
HOA Type: None
-
School Information
Elementary School: Stafford Middle School: Italy High School: Italy School District: Italy ISD -
Utility Information
Utilities: City Sewer,City Water
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ByOwner last updated this listing 08/17/2026 @ 07:39
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