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113 S Summit Street
Red Oak TX 75154 US

$349,000

Active Listing ID 21347820
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4 bed
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1.00 Bath (1 Full)
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Lot: 0.27 Acres
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Quadruplex

$349,000

Active Listing ID 21347820
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113 S Summit Street 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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Property Features

  • Facts
  • Lot Size: 0.27 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 1
  • Cooling System: Central Air
  • Floor Covering: Carpet, Tile
  • Roof Type: Shingle
  • Heating Fuels: Central

School Information

  • School
  • Wooden(Elementary)
  • Red Oak(MiddleSchool)
  • Red Oak(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 349000
  • unparsedaddress: 113 S Summit Street
  • postalcity: Red Oak
  • stateorprovince: TX
  • country: US
  • postalcode: 75154
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.266
  • lotsizeunits: Acres
  • lotsizearea: 0.266
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.512169
  • longitude: -96.807709
  • listagentfullname: Sridhar Kothalanka
  • listagentemail: dhanow.realty.llc@gmail.com
  • listagentkey: 3yd-NTREIS-0664632
  • listagentmlsid: 0664632
  • listagentpreferredphone: (214) 731-3163
  • listofficekey: 3yd-NTREIS-MESA01
  • listofficemlsid: MESA01
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1994
  • listagenturl: http:// mersalrealty.com
  • countyorparish: Ellis
  • parcelnumber: 169371
  • elementaryschool: Wooden
  • highschool: Red Oak
  • elementaryschooldistrict: Red Oak ISD
  • middleorjuniorschooldistrict: Red Oak ISD
  • highschooldistrict: Red Oak ISD
  • appliances: Dishwasher, ElectricCooktop, ElectricOven, Microwave, Refrigerator
  • cooling: Central Air
  • constructionmaterials: Brick, Concrete, WoodSiding
  • flooring: Carpet, Tile
  • heating: Central
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 6
  • parkingfeatures: Driveway
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • rooms: Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.80771, 32.51217
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Mersal Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"dhanow.realty.llc@gmail.com", "ListBrokerageCity":"Plano", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@mersalrealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Mersal Realty", "ListBrokeragePhone":"(214) 731-3163", "ListBrokeragePostalCode":"75074", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"555 Republic Dr Suite 200", "ListBrokerageWebsiteUrl":"http:// mersalrealty.com", "ListOfficeAddress1":" ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"MESA01", "ListOfficeCity":"Plano", "ListOfficeCountry":"US", "ListOfficeEmail":"info@mersalrealty.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Red Oak, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/113-S-Summit-St_Red-Oak_TX_75154_M87466-07192?f=listhub&s=NTREIS&m=21347820&c=rexren", "MLSModificationTimestamp":"2026-08-01 18:35:53", "Neighborhoods":[{"Description":null, "Name":"Valley Estates"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9000, "TaxDescription":"LOT 2 BLK 1 VALLEY ESTATES 0.266 AC", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/2/2026 7:38:51 PM GMT
Source Updated Date: 8/12/2026 12:56:16 AM GMT

Courtesy of: Sridhar Kothalanka, Mersal Realty, dhanow.realty.llc@gmail.com

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.