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About This Home

This 18-bedroom, 18-bathroom residential multi family at 518 Oakridge Drive in Greenville, TX is listed for $1,950,000. Built in 1988, on a 0.07 acres lot.

Agent Description

Nine fully occupied connected townhomes offering an outstanding investment opportunity in a high-demand rental area near L3Harris Technologies and Lamar Elementary School. Seller prefers to sell all nine units together as a package deal and will not divide.

Each townhome features 2 bedrooms, 2 bathrooms, a one-car garage, granite countertops, dishwasher, and electric range. Strong tenant appeal due to proximity to major employers, schools, shopping, restaurants, and convenient access to Interstate 30 for commuters traveling into Dallas.

Property offers stable occupancy with excellent income-producing potential for investors seeking a turnkey multifamily opportunity. Functional floorplans, low-maintenance features, and desirable location contribute to long-term rental demand. Easy access to retail, dining, and everyday conveniences makes these units attractive for both workforce and family tenants.

Excellent opportunity to expand or begin an investment portfolio with a fully leased package in a growing area. Current occupancy provides immediate cash flow with upside potential for future appreciation and rental growth. Rare chance to acquire multiple connected townhomes in one transaction with strong rental history and desirable amenities. Ideal for investors looking for consistent income, strong tenant retention, and a property positioned near employment centers and commuter routes.

Key Features

  • Built in 1988
  • 0.07 acre lot
  • 1 parking spaces

Property Details

1 story
18 full
1 space
#9 units
1988

Monthly Cost Estimate

$10,429/mo

20% down · 6.5% · 30 years

Principal$1,410
Interest$8,450
Insurance$569

Estimates only. Actual payments may vary.

Location

518 Oakridge Drive

Greenville, TX 75402

Oak Ridge Add

Features & Amenities

Interior Features

Cable Tv AvailableEat-in KitchenHigh Speed Internet AvailableWalk-in Closet(s)

Exterior Features

Covered Patio/Porch

Property Details

Flooring

CarpetVinyl

Construction

Brick

Parking

Garage

Heating

CentralElectric (Heating)

Cooling

Ceiling Fan(s)Central AirElectric

Appliances

DishwasherGarbage DisposerRangeWasher

Questions & Answers

This 18-bedroom, 18-bathroom residential multi family at 518 Oakridge Drive is listed at $1,950,000. The estimated monthly payment is $8,450 based on 20% down at 6.5% interest.

Key features include: Built in 1988, 0.07 acre lot, 1 parking spaces. Interior Features: Cable Tv Available, Eat-in Kitchen, High Speed Internet Available. Exterior Features: Covered Patio/Porch.

This property is listed by Holly Gray and can be reached at 9038853146 or hollygrayrealtor@yahoo.com.

HG

Holly Gray

Agent at Century 21 First Group

(903) 885-3146

Listed by Century 21 First Group · View on Broker Site

MLS# 21276833· Source: listhub· Updated today

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518 Oakridge Drive, Greenville, TX 75402

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