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About This Home
This 9-bedroom, 4-bathroom multi-family at 304 Mcbride Street in Lone Oak, TX is listed for $450,000. Built in 1989, on a 0.72 acres lot.
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.
Key Features
- Built in 1989
- 0.72 acre lot
- 8 parking spaces
Property Details
Monthly Cost Estimate
$2,407/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 $450,000. The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.
Key features include: Built in 1989, 0.72 acre lot, 8 parking spaces. Interior Features: Built-in Features.
This property is listed by Alex Hammons and can be reached at 9034542824 or alex.hammons@athometx.com.