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Michael Howell

howellhomesales25@gmail.com +1(504) 577-5002

$ 2,600,000

Est. payment -/mo

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5256 County Road 803 Joshua, TX 76058

16 Beds

16 Baths

9,999 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 9,999 sqft

Price per Sqft $260

Subdivision Wells Acres

MLS Listing ID 21289495

Bedrooms 16

Full Baths 16

HOA Y/N No

Year Built 2024

Lot Size 7.930 Acres

Acres 7.93

Property Sub-Type Quadruplex

Property 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.

Location

State TX

County Johnson

Direction Use GPS

Interior

Interior Features Open Floorplan, Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Concrete, Ceramic Tile

Fireplace No

Appliance Electric Range, Microwave, Refrigerator

Exterior

Parking Features Attached Carport

Carport Spaces 15

Pool None

Utilities Available Electricity Available, Septic Available, Water Available

Water Access Desc Community/Coop

Roof Type Metal

Total Parking Spaces 32

Private Pool No

Building

Foundation Slab

Sewer Aerobic Septic

Water Community/Coop

Level or Stories One

Schools

Middle Schools Tom And Nita Nichols, Joshua

High Schools Joshua

School District Joshua Isd

Others

Tax ID 126-3390-01025

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21289495

Michael Howell

Agent

+1(504) 577-5002

Michael Howell

5256 County Road 803 Joshua, TX 76058

Key Details

Location

Interior

Exterior

Building

Schools

Others

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5256 County Road 803