205 Joyce ST new

Weatherford,TX 76085

$ 535000

8 Beds

4 Baths

3712 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,712 sqft

Price per Sqft $144

Subdivision Lucas Add

MLS Listing ID 20939954

Bedrooms 8

Full Baths 4

Year Built 1996

Annual Tax Amount $7,637

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. Two leases are currently month-to-month and the other leases end May 31 and September 1. This allows rents to be fully to market rate in a short time. 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 209 Joyce Street.

Location

State TX

County Parker

Interior

Heating Electric

Cooling Central Air,Electric

Flooring Combination

Exterior

Parking Features Additional Parking

Pool None

Utilities Available Sewer Available

Roof Type Composition

Building

Foundation Slab

Sewer Public Sewer

Schools

Elementary Schools Seguin

Middle Schools Tison

High Schools Weatherford

School District Weatherford Isd

Others

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