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131-139 Houston Street, 
Italy, TX 76651

$735,000

12

Beds

8

Baths

5,000

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Neil Clements

Keller Williams Realty

Last updated:

September 17, 2026, 11:55 AM

MLS#

21343744

Source:

GDAR

About This Home

131-139 Houston Street

Turnkey 4-unit multi-family built in 2020 — two side-by-side duplexes, all four units 3 bedroom, 2 bath at 1,250 SF each. Fully occupied with professional management in place. Gross annual income of $74,440 with a 9.87 gross income multiplier. The 3-bedroom unit mix is rare in this market and drives both higher rents and longer tenancies. Tenants pay all utilities — every unit is separately metered for electric, water, sewer, and trash. Owner expenses are limited to taxes, insurance, lawn care, and management. Sitting on 0.569 acres complete with parking and easy I-35 access linking to Waxahachie, Hillsboro, and DFW. Ideal 1031 exchange replacement property.

Home Facts

Multi-Family

8 Baths

12 Bedrooms

Built in 2020

Subdivision & Development:

E D Harrsion

Price Summary

735,000

$147 per Sq. Ft.

MLS #:

21343744

Last Updated:

September 17, 2026, 11:55 AM

Added:

a month ago

Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8

Interior

Living Area:

5,000 Sq. Ft.

Structure

Structure

Building Area:

5,000 Sq. Ft.

Year Built:

2020

Lot

Lot Size (Sq. Ft):

24,785

Finances & Disclosures

Finances

Price:

$735,000

Price per Sq. Ft:

$147 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated September 17, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Regional Realty.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.