150 Stephens Road

Hallsville, TX 75650

$856,000
Price
10
Beds
8
Baths
5,056 Sq. Ft.
$169 / Sq. Ft.
5,056
Sq. Ft.
$169
per Sq. Ft.

Description

This stunning quadplex was completed in 2023, sits on 5 acres and is fully leased, making it an exceptional investment opportunity. This rare find is just 2 miles from downtown Hallsville. Each unit boasts luxurious touches, including a 30-year architectural roof, sleek stained concrete flooring, elegant granite countertops, custom kitchen cabinets and tile backsplash. The finish outs are beautiful, durable and it's all 1 story living, making this an ideal rental investment. With additional land...This stunning quadplex was completed in 2023, sits on 5 acres and is fully leased, making it an exceptional investment opportunity. This rare find is just 2 miles from downtown Hallsville. Each unit boasts luxurious touches, including a 30-year architectural roof, sleek stained concrete flooring, elegant granite countertops, custom kitchen cabinets and tile backsplash. The finish outs are beautiful, durable and it's all 1 story living, making this an ideal rental investment. With additional land available for expansion and the rental demand, this property is poised for impressive returns. Secure your piece of this growing market today.
  1. Listed by Tyler Eidson • TREC #0687092 • League Real Estate • 817-523-9113

Property Details for 150 Stephens Road

Subdivision Name
H
Pool
No
Garage Spaces
0
Number Of Parking Spaces
8
LISTING UPDATED: 09/10/2024 09:23 AM

Property Details for 150 Stephens Road

StatusActive
MLS #20714052
Days on Market118
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built2023
Lot Size5.00 AC / 217,800 SF
CountyHarrison County

Building Information for 150 Stephens Road

Stories1Residences4Year Built2023Building Size-Lot Size5.00 AC / 217,800 SF

Property Information for 150 Stephens Road

Summary
Location and General Information
  • Complex Name: Holbert V
  • Directions: Head West on HWY 80 from Hallsville, TX. After 2 miles turn right on Stephens road. Property on the right.
  • Elementary School: Hallsville
  • Elementary School Name: Hallsville
  • High School: Hallsville
  • High School Name: Hallsville
  • Middle School: Hallsville
  • Year Built Details: Preowned
  • School District: Hallsville ISD
  • Geocode Confidence: High
  • Latitude: 32.51
  • Longitude: -94.54
  • State: Texas
Parking
  • Parking Features: Parking Lot
  • Parking Spaces Covered Total: 0
Taxes and HOA Information
  • Tax Legal Description: ACRES: 5, ABST: 305 J HOLBERT, V
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Concrete
  • Heating: Central, Natural Gas
  • Interior Features: Granite Counters, Open Floorplan, Pantry
  • Appliances: Dishwasher
  • Cooling: Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Builder
  • Construction Materials: Siding
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Number Of Units Total: 4
  • Levels: One
Property
Utilities
  • Utilities: Aerobic Septic, Co-op Electric, Outside City Limits, Well
Property and Assessments
  • Accessory Unit: No
  • Financing Proposed: Cash, Conventional, FHA, VA Loan
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Lot Features: Cleared
  • Lot Size: 3 to < 5 Acres
  • Lot Size Acres: 5.0
  • Lot Size Area: 5.0
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 217800.0
  • Multi Parcel ID: No
  • Parcel Number: R000065091
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 5.82%
  • Gross Annual Expenses: $18,900
  • Gross Annual Income: $68,700
  • Insurance Expense: $6,900
  • Total Annual Expenses Include: Insurance, Maintenance, New Tax, Trash, Utilities
  • Net Operation Income: $49,800.00
Unit 1
  • Approximate SQFT: 1257.0
  • Average Lease Amount: $1,450.00
  • Living Area Length: 14.0
  • Living Area Width: 12.0
  • Number Of Baths Full: 2
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 2
Unit 2
  • Approximate SQFT: 1271.0
  • Average Lease Amount: $1,500.00
  • Living Area Length: 14.0
  • Living Area Width: 12.0
  • Number Of Baths Full: 2
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 2

Property History for 150 Stephens Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 150 Stephens Road

This home is within Hallsville Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Hallsville East Elementary School
PublicPK to 4

Hallsville Intermediate School
Public5

Hallsville J High School
Public6 to 8

Hallsville High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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150 Stephens Road is a multi-family home for sale in Hallsville, TX 75650. This property was listed for sale on August 27, 2024 by League Real Estate, it's currently listed at $856,000. This listing's school district is Hallsville Independent School District. Nearby schools include Hallsville East Elementary School, Hallsville Intermediate School and Hallsville J High School. 150 Stephens Road is a 10-bed, 8-bath, 5,056 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of League Real Estate, Tyler Eidson

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