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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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131-139 Houston St , Italy, TX 76651
$735,000
Est. Payment: $3,784.10/mo
12 Bed
8 Bath
5000 Sqft
Status: active | Days on site: 18
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Turnkey 4-unit multi-family built in 2020 — two side-by-side duplexes, all four units 3 bedroom, 2 bath at 1,250 SF each. Fully occupied with professional management in place. Gross annual income of $74,440 with a 9.87 gross income multiplier. The 3-bedroom unit mix is rare in this market and drives both higher rents and longer tenancies. Tenants pay all utilities — every unit is separately metered for electric, water, sewer, and trash. Owner expenses are limited to taxes, insurance, lawn care, and management. Sitting on 0.569 acres complete with parking and easy I-35 access linking to Waxahachie, Hillsboro, and DFW. Ideal 1031 exchange replacement property.

Highlights

Listed by Neil Clements , Keller Williams Realty , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.57

Year Built

2020

County

Ellis

Neighborhood

E D Harrsion

School District

Italy ISD

Listing ID

21343744

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:8
  • Full Bathrooms:8
Appliances:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Carpet,Laminate
Other:
  • Additional:Decorative Lighting, Eat-in Kitchen, Kitchen Island, Open Floorplan

Exterior Features

Garage Capacity:8
Roof:Composition
Others:
  • Additional:Preowned
Parking Features:Driveway,Shared Driveway
Principal Interest
$3,784
Taxes
$1,354

Home Price

$735,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$147,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,784.10

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,784.10 $1,354.33 $0.00 $5,138.43
Yearly $45,409.19 $16,252.00 $0.00 $61,661.19
Total $1,362,275.71 $487,560.00 $0.00 $1,849,835.71

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Italy, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T23:23:04.180Z

© 2026 North Texas Real Estate Information Systems