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Listing provided courtesy of Keller Williams Realty DPR- MLS# 21258322MLS ProviderContact Information: Clara Matos

600 Pratt RoadRed Oak, TX 75154

Multi-Family · 6,936 Sq. ft. | 2.57 Acres
$2,000,000 Active

600 Pratt Road Overview

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TURNKEY INVESTMENT OPPORTUNITY! This 8-unit duplex property is being sold in its entirety, offering immediate and consistent rental income. The property features well-maintained units with practical floor plans, ample parking, and strong tenant appeal making it a stable and attractive addition to any investment portfolio. Situated on a spacious lot in a growing area with strong rental demand and continued development, this property presents excellent upside potential through future rent increases and long-term appreciation. Whether you’re looking to expand your portfolio or secure a cash-flowing asset, this is a rare opportunity to acquire a multi-unit property with solid performance and promising growth.

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600 Pratt Road Facts & Features

  • Type Multi-Family
  • Sq. ft. 6,936
  • Price/Sq.ft. $288
  • Lot 2.57 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Red Oak ISD
  • Elementary School: Wooden
  • Middle Or Junior School: Red Oak
  • High School: Red Oak

Income/Expenses

  • Gross Income: 144000.0
  • Insurance Expense: 8000.0
  • Net Operating Income: 132000.0

Building Information

  • Year Built: 1997
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Ellis
  • Postal City: RED OAK
  • Subdivision Name: E S Miller

Tax Information

  • Tax Annual Amount: 17219.0

General Information

  • Parcel Number: 206288
  • Property Sub Type: Duplex
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Other
  • Building Area Total: 6936.0

General Information

  • Flooring: Carpet,Hardwood,Tile
  • Foundation Details: Slab
  • Interior Features: Open Floorplan
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Driveway,Garage
  • Parking Total: 8.0

Lot Information

  • Lot Size Acres: 2.574
  • Lot Size Area: 2.574
  • Lot Size Square Feet: 112123.44
  • Lot Size Units: Acres
  • Number Of Buildings: 4
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Number Of Units Total: 8
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available,Sewer Available,Separate Meters,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 3 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 4 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 5 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 6 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 7 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 8 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

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.

600 Pratt Road Market Data

Based on the last 30 days in this zip code

$491,574
Average List Price
$179
Average Price per Square Foot
49
Properties Sold
273
Average Days on Market
473
Properties for Sale
Calculations provided by Reliance Network


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