Courtesy of: Tammie Pressley, A New View Realty, tammie@anewviewre.com
Courtesy of: Tammie Pressley, A New View Realty, tammie@anewviewre.com
$795,000
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2 bed
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3.00 Bath (2 Full , 1 Half)
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Lot: 0.17 Acres
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Apartment
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$795,000
105 W North Street Completed in September 2025, this new construction 5-plex in Itasca, TX offers investors a rare opportunity to own a fully leased, income-producing property with minimal maintenance. Each of the five units features 2 bedrooms with private ensuite bathrooms, a half bath downstairs, and an open-concept living area with granite countertops throughout. Kitchens include a refrigerator, electric range, and microwave, plus washer, dryer hookups for tenant convenience. Built with durable board and batten siding and modern finishes, these units attract strong, long-term tenants. All five units are leased on 12-month agreements of approximately $1, 450 per month, providing a gross annual income of approximately $87, 000 and an estimated 10% gross ROI based on the $795, 000 list price. Conveniently located within Itasca city limits near I-35, this property sits between DFW and Waco, making it ideal for commuters and investors seeking growth in a small-town market. This is a true turnkey investment—new construction, fully leased, and ready to generate income from day one.
Courtesy of: Tammie Pressley, A New View Realty, tammie@anewviewre.com
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