209 Joyce Street new Save Request In-Person Tour Request Virtual Tour
Weatherford,TX 76085
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Lucas Add
MLS Listing ID 20939965
Bedrooms 8
Full Baths 4
Year Built 1996
Annual Tax Amount $6,240
Lot Size 2.207 Acres
Property Sub-Type Quadruplex
Property Description
Get 5.5% fixed rate, 30-year financing with seller's preferred lender!
Appraisal completed in fall of 2024 came in at $585,000.
Own a fully occupied, cash flowing 4-plex built in 1996 in great condition. Current lease rates are about 10% under market. One lease is currently month-to-month and the other leases end November 30, 2025, February 28, 2026 and April 30, 2026. This allows rents to be fully to market rate in less than a year. Existing property management is available for 2-years at a 6% monthly management fee. See attached proformas for both current rents and market rents.
Second 4-plex next door is available. See listing for 205 Joyce Street, listing 20939954.
Location
State TX
County Parker
Interior
Heating Electric
Cooling Central Air,Electric
Flooring Combination
Exterior
Utilities Available City Sewer,City Water
Roof Type Composition
Building
Story Two
Foundation Slab
Structure Type Brick
Schools
Elementary Schools Seguin
Middle Schools Tison
High Schools Weatherford
School District Weatherford Isd
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20939965