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$735,000
35 Days On Site

131-139 Houston Street
Italy, TX 76651

For Sale|Quadruplex|Active
12
Beds
8
Total Baths
8
Full Baths
5,000
SqFt
$147
/SqFt
2020
Built
Subdivision:
E D Harrsion
County:
Ellis
Call Now: 940-252-4663
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940-252-4663
131-139 Houston Street131-139 Houston Street131-139 Houston Street131-139 Houston Street
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Monthly Payment (Est.)

$3,353
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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.

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Listing Snapshot
Price 
$735,000
Days On Site 
35 Days
Bedrooms 
12
Inside Area (SqFt) 
5,000 sqft
Total Baths 
8
Full Baths 
8
Partial Baths 
N/A
Lot Size 
0.569 Acres
Year Built 
2020
MLS® Number 
21343744
Status 
Active
Property Tax 
$16,252
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.569
Foundation 
Slab
Levels 
One
Parking 
DrivewayShared Driveway
Parking Spaces 
8
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5000
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalElectric CooktopElectric OvenMicrowave
Cooling 
Ceiling Fan(s)Central AirElectric
Flooring 
CarpetLaminate
Heating 
CentralElectric
Interior 
Eat-in KitchenKitchen IslandOpen Floorplan
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Exterior Features
Construction Details 
Brick
Fencing 
Wood
Roof 
Composition
Community Features
School District 
Italy ISD
Financing Terms Available 
CashConventionalFHA
Schools
School District
Italy ISD
Elementary School
Stafford
Middle School
Italy
High School
Italy
Listing courtesy of Neil Clements of Keller Williams Realty neil@theclemgroup.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer’s personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-09-11 09:20 AM CDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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