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312 Hickerson Street 8
Cedar Hill TX 75104 US

$1,550,000

Active Listing ID 21061019
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14 bed
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8.00 Bath (8 Full)
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Lot: 0.48 Acres
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Apartment

$1,550,000

Active Listing ID 21061019
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312 Hickerson Street 8 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 updates make this property a turn-key investment opportunity. EACH UNIT SQUARE FOOTAGE IS APPROXIMATE AND BASED ON PUBLIC RECORDS; IT HAS NOT BEEN INDEPENDENTLY VERIFIED. BUYER TO DO DUE DILIGENCE.

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Property Features

  • Facts
  • Lot Size: 0.48 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 8
  • Cooling System: Central Air
  • Floor Covering: Vinyl
  • Roof Type: Concrete
  • Heating Fuels: Central

School Information

  • School
  • Highpointe(Elementary)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 1550000
  • unparsedaddress: 312 Hickerson Street
  • unitnumber: 8
  • postalcity: Cedar Hill
  • stateorprovince: TX
  • country: US
  • postalcode: 75104
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.4835
  • lotsizeunits: Acres
  • lotsizearea: 0.4835
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.586633
  • longitude: -96.952577
  • listagentfullname: Kellie Fancher
  • listagentemail: kellie@sellwithkellie.com
  • listagentkey: 3yd-NTREIS-0505106
  • listagentmlsid: 0505106
  • listagentpreferredphone: 9722934550
  • listagentofficephone: 9722934550
  • listofficekey: 3yd-NTREIS-SETS01
  • listagentstatelicense: 0505106
  • listofficemlsid: SETS01
  • 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: 1985
  • listagenturl: http://sellwithkellie.com
  • countyorparish: Dallas
  • parcelnumber: 16004500010130000
  • elementaryschool: Highpointe
  • appliances: Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer
  • cooling: Central Air, Electric
  • constructionmaterials: Brick
  • flooring: Vinyl
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 8
  • parkingfeatures: Assigned, Parking Lot
  • roof: Concrete
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • interiorfeatures: Cable Tv Available
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.952576, 32.58663
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Preferred Associates", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kellie@sellwithkellie.com", "ListBrokerageCity":"Cedar Hill", "ListBrokerageCountry":"US", "ListBrokerageEmail":"rsetser@remax.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/NTREIS/c5ababf0222d162901222ee0b6ef03e5/20140720220936765.png", "ListBrokerageName":"RE/MAX Preferred Associates", "ListBrokeragePhone":"(972) 293-4550", "ListBrokeragePostalCode":"75104", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"140 W FM 1382 Suite 110", "ListBrokerageWebsiteUrl":"http://www.robbysetser.com", "ListOfficeAddress1":"140 W. FM1382", "ListOfficeAddress2":"Suite 110", "ListOfficeBrokerMlsId":"0552740", "ListOfficeCity":"Cedar Hill", "ListOfficeCountry":"US", "ListOfficeEmail":"management@remaxpreferredassociates.com", "ListOfficePostalCode":"75104", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment - Cedar Hill, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/312-Hickerson-St-Apt-D_Cedar-Hill_TX_75104_M75899-64020?f=listhub&s=NTREIS&m=21061019&c=rexren", "MLSModificationTimestamp":"2025-10-24T12:11:39Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Apartment", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2026 1:17:14 AM GMT
Source Updated Date: 1/6/2026 12:50:22 PM GMT

Courtesy of: Kellie Fancher, RE/MAX Preferred Associates, kellie@sellwithkellie.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.