113 S Summit Street, Red Oak, TX 75154
Local realty services provided by:Better Homes and Gardens Real Estate Edwards & Associates
113 S Summit Street,Red Oak, TX 75154
$349,000
- 4 Beds
- 1 Baths
- 3,291 sq. ft.
- Multi-family
- Active
Listed by: sridhar kothalanka
Office: mersal realty
MLS#:21347820
Source:GDAR
Price summary
- Price:$349,000
- Price per sq. ft.:$106.05
About this home
Exceptional Investment Opportunity – Rare 4-Plex in a Prime Growth Location!
Don't miss this hard-to-find fourplex offering outstanding cash flow potential in a highly desirable location. Conveniently situated near major interstate access, schools, shopping, and employment centers, this property is positioned in a peaceful, well-established neighborhood surrounded by continued residential and commercial growth. The property is 100% occupied with long-term tenants, providing immediate, stable rental income while offering the opportunity for future value enhancement. Current rents present upside potential, with the ability to increase rental income over time to align with comparable market rates.
Each of the four units features a functional 1-bedroom, 1-bathroom floor plan designed for strong tenant demand. Recent capital improvements include new HVAC systems, helping reduce future maintenance costs and improve long-term reliability. Each unit is equipped with an electric stove, appliances providing a low-maintenance and efficient setup for both owners and tenants.
Whether you're an experienced investor looking to expand your portfolio or seeking a stable income-producing asset with appreciation potential, this well-maintained fourplex offers an excellent combination of location, occupancy, and future growth opportunity....
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Home facts
- Year built:1994
- Subdivision & Development:Valley Estates
- Listing ID #:21347820
- Added:5 day(s) ago
- Updated:August 07, 2026 at 11:53 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Ceramic Tile
- Kitchen Description:Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
- Living area:3,291 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1994
- Building area:3,291 sq. ft.
- Lot area:0.27 Acres
- Construction Materials:Brick, Concrete, Wood Siding
- Levels:1 Story
Schools
- High school:Red Oak
- Middle school:Red Oak
- Elementary school:Wooden
Finances and disclosures
- Price:$349,000
- Price per sq. ft.:$106.05
- Tax amount:$9,000
Features and amenities
- Appliances:Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
Parking
- Total parking spaces:6
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