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About This Home

This 16-bedroom, 16-bathroom residential multi family at 5256 County Road 803 in Joshua, TX is listed for $2,600,000. Built in 2024, on a 7.93 acres lot.

Agent Description

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.

Key Features

  • Built in 2024
  • 7.93 acre lot
  • 32 parking spaces

Property Details

1 story
16 full
32 spaces
2024

Amenities

A/C

Monthly Cost Estimate

$13,905/mo

20% down · 6.5% · 30 years

Principal$1,880
Interest$11,267
Insurance$758

Estimates only. Actual payments may vary.

Location

5256 County Road 803

Joshua, TX 76058

Wells Acres

Features & Amenities

Interior Features

OpenFloorplanWalkInClosets

Property Details

Flooring

TileConcrete

Construction

Brick

Parking

Carport

Heating

Electric (Heating)Central

Cooling

Ceiling Fan(s)Central AirElectric

Appliances

ElectricRangeMicrowaveRefrigerator

Questions & Answers

This 16-bedroom, 16-bathroom residential multi family at 5256 County Road 803 is listed at $2,600,000. The estimated monthly payment is $11,267 based on 20% down at 6.5% interest.

Key features include: Built in 2024, 7.93 acre lot, 32 parking spaces. Interior Features: OpenFloorplan, WalkInClosets.

This property is listed by Rebecca Smith and can be reached at 727-888-4175.

RS

Rebecca Smith

Agent at Dalton Wade, Inc.

(727) 888-4175

Listed by Dalton Wade, Inc. · View on Broker Site

MLS# 21289495· Source: listhub· Updated today

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.

5256 County Road 803, Joshua, TX 76058

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