1601 Mary K Lane, White Settlement, TX 76108 - MLS#20703199

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Debbie Waters

debbiewaters@ziglarrealty.com +1(972) 841-8461

$650,000

Est. payment - /mo

8 Beds

8 Baths

0.25 Acres Lot

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UPDATED:

09/20/2024 10:10 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Cambridge Add

MLS Listing ID 20703199

Bedrooms 8

Full Baths 8

HOA Y/N None

Total Fin. Sqft 3284

Year Built 1985

Annual Tax Amount $10,343

Lot Size 0.251 Acres

Acres 0.251

Property Description

**Rare Investment Opportunity: Fully Renovated Fourplex**
All four units in this property have undergone extensive renovations, with over $40k in recent updates, ensuring modern and appealing living spaces for tenants. Each unit features 2 bedrooms and 2 full baths, complete with refrigerator, stove, and dishwasher. Additionally, all units are equipped with washer and dryer connections, enhancing tenant convenience and appeal. All units are individually metered, fully electric (no gas). The roof was replaced in 2016. Current rents for the 2bed 2bath units range from $1,000 to $1,050, with similar units in the complex renting up to $1,200. Three units are currently occupied, and one unit is freshly vacated and ready for a new tenant, making this an excellent opportunity for immediate cash flow.
Don't miss this chance to invest in a well-maintained property with strong rental income potential.

Location

State TX

County Tarrant

Direction 1601 Mary K Ln, White Settlement

Interior

Interior Features Other

Heating Electric

Cooling Electric

Flooring Carpet, Luxury Vinyl Plank, Tile

Appliance Dishwasher, Disposal, Electric Range, Microwave, Refrigerator

Heat Source Electric

Exterior

Utilities Available City Sewer, City Water

Roof Type Shingle

Garage No

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick,Frame,Siding

Schools

Elementary Schools Liberty

Middle Schools Brewer

High Schools Brewer

School District White Settlement Isd

Others

Ownership 6Ton Properties LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Anderson Schulle • Green Light Property Mngmnt

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Debbie Waters

+1(972) 841-8461

Agent | License ID: 0623163

Agent License ID: 0623163