
$2,600,000 USD
Multi Family Home for Sale, 5256 County Road 803, Joshua, Texas 76058
- MLS#21289495
- 16
- 16
Listed By Dalton Wade, Inc.
The Multi Family Home for Sale located at 5256 County Road 803, Joshua, Texas 76058 is currently for sale. 5256 County Road 803, Joshua, Texas 76058 is listed for $2,600,000. This property has 16 bedrooms, 16 bathrooms.
Property features
Property
- Location: Building Or Complex Name
Lot/Land
- Land/Lot size:
1 m² (7.93 ft²)
Construction
- Year built: 2024
- Roofing: Metal
- Condition: Resale
- Construction: Brick
- Basement and foundation: On Slab
Parking/Garage
- Parking spaces: 32
Bedrooms
- Bedrooms: 16
Bathrooms
- Total bathrooms: 16
- Full bathrooms: 16
Interior Features
- Floors: Ceramic TileConcrete
Exterior Features
- Carport spaces: 15
- Carport description: Attached Carport
Heating and Cooling
- Heating system: ElectricCentral
- Cooling system: Ceiling FanElectricCentral
Utilities
- Other utilities: Co-op WaterAerobic Septic
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
5256 County Road 803, Joshua, Texas 76058