About This Home
This 9-bedroom, 4-bathroom multi-family at 304 Mcbride Street in Lone Oak, TX is listed for $400,000. Built in 1989, on a 0.72 acres lot.
Key Features
- Built in 1989
- 0.72 acre lot
- 8 parking spaces
Property Details
Amenities
Turnkey income-producing property featuring two duplexes on one lot, fully occupied and cash flowing from day one. This four-unit asset includes three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, offering a strong and diverse rental mix. All units are separately metered, with tenants responsible for all utilities-keeping owner expenses low and maximizing net income.
Each unit offers driveway parking and has been recently updated inside, providing modern appeal and reducing near-term maintenance costs. All leases are 12-month terms, creating stable and predictable income for the next owner. This is an ideal opportunity for investors seeking a low-maintenance, fully leased property with immediate returns. Do not disturb tenants. Showings available with accepted offer.
Monthly Cost Estimate
$2,139/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
304 Mcbride Street
Lone Oak, TX 75453
Orig Town Of Lone Oak
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 9-bedroom, 4-bathroom multi-family at 304 Mcbride Street is listed at $400,000. The estimated monthly payment is $2,140 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1989, 0.72 acre lot, 8 parking spaces. Interior Features: BuiltInFeatures.
This property is listed by Alex Hammons and can be reached at (903) 454-2824.