About This Home

This 8-bedroom, 8-bathroom multi-family at 405 Cambridge Drive in Saginaw, TX is listed for $599,000. Built in 1982, on a 0.50 acres lot.

Key Features

  • Built in 1982
  • 0.50 acre lot
  • 2 stories
  • 8 parking spaces
  • Fireplace

Property Details

2 stories
4 full, 4 half
8 spaces
1982

Amenities

FireplaceA/C
Listing Description

Well-maintained 4-unit investment property in Saginaw offering a strong opportunity for buyers searching for multifamily real estate with convenient access to I-35W, Loop 820, major employment centers, shopping, dining, and everyday conveniences. The seller prefers to sell Building 405 together with Buildings 221, 313, and 321, creating the potential to acquire multiple adjacent assets.

Each of the 4 units features 2 bedrooms, 1 full bath, 1 half bath, and approximately 1,044 square feet of living space. The functional floor plans include spacious living areas with wood-burning fireplaces, well-designed kitchens, and washer and dryer hookups, providing practical features that appeal to a wide range of tenants.

The property has been consistently maintained and includes numerous capital improvements, offering added value for investors. $40K in upgrades include multiple newer water heaters, 2 new HVAC systems, and roofs that are all less than 6 years old, helping reduce future maintenance considerations.

Located in a well-established area with convenient access to major commuter routes including I-35W and Loop 820, this multifamily property is positioned near retail, restaurants, employment centers, and other daily amenities. Buyers searching for Fort Worth investment property, income-producing real estate, or a multifamily portfolio expansion will appreciate the combination of location, ongoing maintenance, and the opportunity to purchase multiple buildings together.

Monthly Cost Estimate

$3,204/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175

Estimates only. Actual payments may vary.

Location

405 Cambridge Drive

Saginaw, TX 76179

Cambridge Estates

Features & Amenities

Interior Features

HighSpeedInternetCableTv

Property Details

Flooring

Carpet

Construction

Brick

Parking

Parking Lot

Heating

Electric (Heating)Central

Cooling

ElectricCentral Air

Appliances

DishwasherElectricCooktopElectricOvenDisposalRefrigerator

Questions & Answers

This 8-bedroom, 8-bathroom multi-family at 405 Cambridge Drive is listed at $599,000. The estimated monthly payment is $3,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1982, 0.50 acre lot, 2 stories, 8 parking spaces, Fireplace. Interior Features: HighSpeedInternet, CableTv.

This property is listed by Sarah Thornton.

ST

Sarah Thornton

Agent at Redfin Corporation

Listed by Redfin Corporation · Broker phone: (469) 208-7619 · View on Broker Site · Broker website

MLS# 21322574· Source: North Texas Real Estate Information Systems, Inc.· 2 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

405 Cambridge Drive, Saginaw, TX 76179

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