1. Texas
  2. Terrell
  3. 505 Morris Street
$450,000

505 Morris Street, Terrell, TX 75160

  • 4 beds |
  • 4 baths |
  • 1,200 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon3,006sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $375/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

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.

Listing Status:
Active
Listing Office:
OmniKey Realty, LLC. : 972-480-8280
Listing Agent:
Will Clark :
MLS ID:
20899550
  • General: High Speed InternetOtherCable TV
  • Flooring: Other
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Will Clark, OmniKey Realty, LLC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Global Leadership Academy

305 W College St, Terrell, TX, 75160

Grades KG-5

0.91 miles away

H

Herman Furlough Jr. Middle School

1351 Colquitt Rd, Terrell, TX, 75160

Grades 6-8

1.11 miles away

T

Terrell Alternative Education Center/Phoenix School

305 W College St, Terrell, TX, 75160

Grades 9-12

0.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.