Texas Landmark Realty LLC
Listed by Texas Landmark Realty LLC
$529,500
500 N Emerald Avenue
Details
APN TBD00005000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 4,200
Units 4
Cap Rate 9.00%
Class B
Year Built 2025
Buildings 2
Acreage 0.226
Parking Spaces 6 spaces
Parking per 1,000 SqFt 1.43
Construction is already in progress, so don’t miss your chance to reserve one of these brand-new thr
Marketing description
At full price seller is offering $7,000 toward Buyer's closing costs, prepaid items, or interest rate buy-down, and Seller will also pay the Owner's Title Policy! This beautifully designed new-construction fourplex offers exceptional quality and investment potential. Each of the four units features 3 bedrooms, 2 bathrooms, and premium finishes throughout, including 24" x 24" neutral white porcelain tile, kitchens with full-height cabinetry and spacious pantries, stainless steel appliances, and a washer and dryer provided by a local vendor with a one-year parts and labor warranty. Every unit also includes a private fenced patio with an irrigation sprinkler system, providing tenants with added outdoor living space. For added peace of mind, the Builder includes a one-year limited warranty covering the structure, HVAC system, and water heater. Based on comparable rental properties, projected monthly rents are approximately $1250-$1,350 per unit, making this an outstanding opportunity.
Listing Contacts
Texas Landmark Realty LLC
Listed by Texas Landmark Realty LLC
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