312 Hickerson Street #8, Cedar Hill, TX 75104

Local realty services provided by:Better Homes and Gardens Real Estate Edwards & Associates
312 Hickerson Street #8,Cedar Hill, TX 75104
$1,550,000
  • 14 Beds
  • 8 Baths
  • 6,786 sq. ft.
  • Multi-family
  • Active
Listed by: kellie fancher972-741-8678
Office: re/max preferred associates
MLS#:21061019
Source:GDAR

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$228.41

About this home

Profitable 8-unit multifamily investment in a close-knit community at 312 Hickerson. Each unit has its own HVAC system, approximately 8 years old. The complex includes four updated 2-bedroom, 2-bath units renting for $1,500-month, two two-bedroom, 2-bath units not updated at $1,100-month, one one-bedroom, one bath not updated at $950-month, and one updated one-bedroom, one bath, at $1,100-month. All units also have their own small fenced backyard. Five units have been fully renovated in the last 24 months, including stainless steel appliances, flooring, plumbing, and electrical fixtures. Annual rental income is approximately $123,000, with expenses including taxes ($25,800), insurance ($8,569), and management fees ($7,500), leaving a profit before taxes of about $81,131 and a market CAP rate of roughly 5.6%. Seventy percent of residents have lived in the community eight or more years, demonstrating stability and a well-established tenant base. Minimal ongoing maintenance and recent

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Home facts

  • Year built:1985
  • Listing ID #:21061019
  • Added:163 day(s) ago
  • Updated:February 26, 2026 at 12:44 PM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:6,786 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central

Structure and exterior

  • Roof:Concrete
  • Year built:1985
  • Building area:6,786 sq. ft.
  • Lot area:0.48 Acres

Schools

  • High school:Cedar Hill
  • Middle school:Besse Coleman
  • Elementary school:Highpointe

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$228.41
  • Tax amount:$25,800
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated February 26, 2026 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Edwards & Associates.

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