Turnkey income-producing property featuring two duplexes on one lot, fully occupied and cash flowing from day one. This four-unit asset includes three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, offering a strong and diverse rental mix. All units are separately metered, with tenants responsible for all utilitieskeeping owner expenses low and maximizing net income. Each unit offers driveway parking and has been recently updated inside, providing modern appeal and reducing near-term maintenance costs. All leases are 12-month terms, creating stable and predictable income for the next owner. This is an ideal opportunity for investors seeking a low-maintenance, fully leased property with immediate returns. Do not disturb tenants. Showings available with accepted offer.
| MLS # | 21256528 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1989 |
| Days On Site | 115 |
| Listing Provided By | AT Home Texas Real Estate | Alex Hammons |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 4 Total |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.72 |
| Cooling | Ceiling Fan(s), Central Air, Electric |
|---|---|
| Heating | Central, Electric, Natural Gas |
| Interior Features | Built-in Features |
| Appliances | Dishwasher |
| Roof | Shingle |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Slab |
| Garage Yn | 0 |
|---|---|
| Attached Garage Yn | 0 |
| Parking Features | Concrete |
| Utilities | Asphalt, City Sewer, City Water, Co-op Electric |
|---|
| Unexempt Taxes | 8353 |
|---|---|
| Tax Lot | 3 |
| Tax Block | 92 |
| Tax Legal Description | S4395 ORIG TOWN OF LONE OAK BLK 92 LOT 3 ACRE |
| State | TX |
|---|---|
| County | Hunt |
| City | Lone Oak |
| Zip Code | 75453 |
| Area | Hunt |
| Community Name | Orig Town Of Lone Oak |
| School District | Lone Oak ISD |
| Elementary School | Loneoak |
| High School | Loneoak |
| Listing VS Median (in Orig Town Of Lone Oak) | |
Price: $450,000 low | high Med: $249,900 On site: 115 low | high Med: 179 | |
| State | TX |
|---|---|
| County | Hunt |
| City | Lone Oak |
| Zip Code | 75453 |
| Area | Hunt |
| Community Name | Orig Town Of Lone Oak |
| School District | Lone Oak ISD |
| Elementary School | Loneoak |
| High School | Loneoak |
| Listing VS Median (in Orig Town Of Lone Oak) | |
Price: $450,000 low | high Med: $249,900 On site: 115 low | high Med: 179 | |