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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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5256 County Road 803 , Joshua, TX 76058
$2,600,000
Est. Payment: $13,385.93/mo
16 Bed
16 Bath
9999 Sqft
Status: active | Days on site: 82
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Rebecca Smith , Dalton Wade, Inc. , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
7.93

Year Built

2024

County

Johnson

Neighborhood

Wells Acres

School District

Joshua ISD

Listing ID

21289495

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:16
  • Bathrooms:16
  • Full Bathrooms:16
Appliances:Electric Range, Microwave, Refrigerator
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Ceramic Tile,Concrete
Other:
  • Additional:Open Floorplan, Walk-In Closet(s)

Exterior Features

Lot:5 to < 10 Acres
Garage Capacity:32
Roof:Metal
Others:
  • Additional:Preowned
Parking Features:Attached Carport
Principal Interest
$13,386
Taxes
$1,658

Home Price

$2,600,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$520,000
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:
$13,385.93

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,385.93 $1,657.50 $0.00 $15,043.43
Yearly $160,631.15 $19,890.00 $0.00 $180,521.15
Total $4,818,934.49 $596,700.00 $0.00 $5,415,634.49

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 (Joshua, 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: 2026-08-24T21:21:41.390Z

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