Homes for sale - 505 Morris Street, Terrell, TX 75160

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Therese Johnson

hello@fortworthmetroliving.com +1(214) 680-7992

$450,000

Est. payment - /mo

4 Beds

4 Baths

3,005 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Terrell Rev

MLS Listing ID 20899550

Bedrooms 4

Full Baths 4

HOA Y/N None

Total Fin. Sqft 1200

Year Built 1983

Annual Tax Amount $5,156

Lot Size 3,005 Sqft

Acres 0.069

Property Sub-Type Quadruplex

Property Description

100% occupied 4plex for sale in Terrell, Tx! All 1 bed 1 bath 600 sq. ft units. $3,950 in monthly gross rents + $165 in monthly water bill-backs equals $4,115 in gross monthly income. Unit 5 lease end date 8-31-25, Unit 6 lease end date 7-31-25, Unit 7 lease end date 6-30-25, Unit 8 lease end date 6-30-25. Electricity is separately metered and paid by the tenants. Water is one meter and paid by the owner. Water bill-backs in place to help off-set that cost. Spacious living area greets you upon arrival. Flows into your functional galley Kitchen with ample storage and c-top space! Rare oppourtunity to purchase a 100% occupied duplex at this price-point.

Location

State TX

County Kaufman

Direction Property on Morris on the left

Interior

Interior Features Cable TV Available, High Speed Internet Available, Other

Heating Central

Cooling Central Air

Flooring Other

Appliance Other

Heat Source Central

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Story Two

Foundation Other

Level or Stories Two

Structure Type Other

Schools

Middle Schools Furlough

High Schools Terrell

School District Terrell Isd

Others

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20899550

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Will Clark • OmniKey Realty, LLC.

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Therese Johnson

+1(214) 680-7992

Broker Associate | License ID: 0634934

Broker Associate License ID: 0634934

505 Morris Street Terrell, TX 75160

Therese Johnson

Key Details

Location

Interior

Exterior

Building

Schools

Others

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505 Morris Street