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Joshua, TX 76058
  • 16 Beds
  • 16 Baths
$2,600,000

About this home

This exceptional multi-family investment opportunity offers a rare combination of stable income production, newer construction and additional land with future potential. The property consists of four fourplex buildings totaling 16 residential units. All units are currently leased on one-year lease agreements, providing immediate and consistent cash flow. Constructed between 2021 and 2026, the development features modern construction with quality materials and durable finishes for long term ownership and reduced maintenance. The property is serviced by an aerobic septic system. Each unit offers a spacious one-bedroom, one-bath floor plan with vaulted ceilings that create an open and inviting atmosphere. Select units feature beautiful vaulted wood ceilings, while others showcase distinctive vaulted tin ceilings, adding rustic-modern character and architectural appeal throughout the property. Built with durability and convenience in mind, units have stained concrete and tile flooring. Interior wood walls add warmth and charm, creating a custom feel that distinguishes these units from traditional apartment properties. Residents benefit from dedicated utility rooms with full-size washer and dryer connections. All units are equipped with seamless metal roofs for long-term durability and minimal maintenance requirements. Every unit includes a covered two-car carport with concrete parking beneath, while gravel drive access complements the property's rural setting and efficient layout. The additional 6.92 acres of grassland adds substantial value and flexibility to the investment, offering many additional opportunities or long-term land appreciation. Opportunity to buy with additional investment property MLS #21289453.

Overview

Full Baths
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Half Baths
0
Bathrooms
16
Bedrooms
16
Building Area
9999
Levels
One
Living Area
0
Lot Size (Acres)
7.93
Property Subtype
Quadruplex
Property Type
Residential Income
Status
Active
Year Built
2024

Interior

Appliances
Electric Range, Microwave, Refrigerator
Cooling
Central Air, Ceiling Fan(s), Electric
Fireplaces
0
Flooring
Concrete, Ceramic Tile
Heating
Central, Electric
Interior Features
Open Floorplan, Walk-In Closet(s)

Exterior & Construction

Construction
Brick
Foundation
Slab
Roof
Metal

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Joshua
County
Johnson
School District
Joshua ISD
ZIP Code
76058
State
TX
Subdivision
Wells Acres

Financial

Price
2600000

Utilities

Sewer
Aerobic Septic
Utilities
Electricity Available, Septic Available, Water Available

Listing Details

Listing Agent
Rebecca Smith
Listing Office
Dalton Wade, Inc.
MLS #
21289495
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21289495

Listing agents

Listing AgentRebecca SmithDalton Wade, Inc.

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