Michelle Lim

REMAX Premier
License number: 0630492
phone: (972) 696-9546
 mobile: (214) 205-1338
 fax: (972) 403-2015
 www.mlzip.com
2100 Dallas Parkway Suite102
 Plano, TX 75093
$795,000
105 North Street, Itasca, Texas 76055, USA
MLS#
21090224
Property type
Residential For Sale, Apartment
Land size
0.17 sqft (0.02 m2)
Building Size
4,760 sqft (442.2 m2)
Status
Bedrooms
2
Baths
2
Half baths
1
Sale price per sqm
0 $
Virtual Tour
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.
Property Details
2025 Year Built:
Building or Complex name: North Street Location:
New Construction Condition:
Dishwasher, Microwave, Disposal, Washer, Dryer Appliances:
Decorative Lighting Property Features:
laminate Floors:
city water, City sewer Utilities:
Electric Heating System:
Electric Cooling System:
Broadband internet access Telecommunication:
On Slab Basement and Foundation:
composition Roofing:
Parking / Garage
2 Number of parking spaces:
Common Lot Parking type:
School Information
585 School District:
Itasca Elementary School:
Itasca High School:
Itasca Middle School:

Listing by: A New View Realty
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