Listing provided courtesy of Dalton Wade, Inc.- MLS# 21289453MLS ProviderContact Information: Rebecca Smith

4505 County Road 805fCleburne, TX 76031

Multi-Family · 26 Beds · 26 Full Baths · 15,680 Sq. ft. | 5.59 Acres
$2,600,000 Active

4505 County Road 805f Overview

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This attractive multi-family investment property offers a strong combination of dependable rental appeal, durable construction features, and practical tenant amenities. Although Tax records reflect a Cleburne, Texas address, the property is more commonly recognized as being located in Keene, Texas, providing convenient access to both communities and surrounding growth corridors. Property is only minutes from Chisholm Trail Parkway. The Property consists of one fourplex building and three triplex buildings situated on appx 5.58 acres, creating a spacious residential setting with a total of 13 income-producing units. The fourplex includes covered two-car carports, while the triplex buildings feature integrated carport designs that provide convenient covered parking for residents and contribute to the property's cohesive appearance and functionality. All units are thoughtfully designed with spacious two-bedroom, two-bath floor plans that appeal to a broad tenant base. Residents enjoy comfortable living spaces enhanced by walk-in closets in the bedrooms, dedicated washer and dryer rooms for full size appliances, and fully equipped kitchens with dishwasher included in every unit. Each residence is equipped with central heating and air conditioning, with the majority of the units consisting of quality Crane HVAC units, supporting reliable climate and long-term operational efficiency. The interiors feature stained concrete throughout, offering an attractive, modern appearance combined with durability and ease of maintenance -an ideal feature for long-term property ownership and reduced turnover costs. Significant recent capital improvements have already been completed, including newer roofs on all buildings with roof ages ranging between 12 and 16 months. These recent upgrades help minimize near-term maintenance concern. The property is supported by a combination of two septic systems. Opportunity to buy additional investment property, MLS #21289495

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4505 County Road 805f Facts & Features

  • Type Multi-Family
  • Sq. ft. 15,680
  • Price/Sq.ft. $166
  • Lot 5.59 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Joshua ISD
  • Middle Or Junior School: Tom and Nita Nichols,Joshua
  • High School: Joshua

Income/Expenses

  • Gross Income: 234000.0
  • Insurance Expense: 14300.0
  • Net Operating Income: 183456.0

Building Information

  • Year Built: 2015
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Johnson
  • Postal City: CLEBURNE
  • Subdivision Name: Smiling Hills

General Information

  • Exclusions: Tenant belongings
  • Parcel Number: 126354300030
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 26
  • Bathrooms Half: 0
  • Bathrooms Total: 26
  • Bedrooms Total: 26

Building Interior

  • Building Area Source: Other
  • Building Area Total: 15680.0

General Information

  • Appliances: Dishwasher,Electric Oven,Microwave,Refrigerator
  • Flooring: Concrete
  • Foundation Details: Slab
  • Interior Features: Walk-In Closet(s)
  • Levels: One
  • Living Area: 15680.0
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Attached Carport,Concrete
  • Parking Total: 26.0

Lot Information

  • Lot Features: Interior Lot
  • Lot Size Acres: 5.589
  • Lot Size Area: 5.589
  • Lot Size Square Feet: 243456.84
  • Lot Size Units: Acres
  • Number Of Buildings: 4
  • Road Surface Type: Gravel
  • Water Source: Community/Coop

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Carport Spaces: 13.0
  • Carport: Yes
  • Number Of Units Total: 13
  • Pool Features: None
  • Sewer: Aerobic Septic,Septic Tank
  • Utilities: Electricity Available,Electricity Connected,Septic Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 13

Unit 2 Details

  • Unit Type: 2 Bedroom
  • Units Total: 13

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4505 County Road 805f Market Data

Based on the last 30 days in this zip code

$355,826
Average List Price
$184
Average Price per Square Foot
14
Properties Sold
220
Average Days on Market
250
Properties for Sale
Calculations provided by Reliance Network


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