$795,000/mo

105 W North Street, Itasca, TX 76055

  • 2 beds |
  • 3 baths |
  • 4,760 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon7,492sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $167/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

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.

Listing Status:
Active
Listing Office:
A New View Realty : 817-223-7277
Listing Agent:
Tammie Pressley : 817-223-7277
MLS ID:
21090224
  • General: Decorative/Designer Lighting FixturesGranite CountersHigh Speed InternetKitchen Island
  • Appliances: DryerDishwasherElectric RangeElectric Water HeaterDisposalMicrowaveWasher
  • Flooring: Laminate
  • A/C: Electric
  • Heating: Electric
  • Fireplace: Fireplaces: 0
  • Pool: None
  • Parking: CommonParking spaces: 2
  • Roofing: Composition
  • General: Board & Batten Siding2Slab
  • Road/Access: Asphalt
  • Originating MLS: NTR
  • School District: Itasca ISD
  • County: Hill
  • Zoning: ITASCA OT BLK 18 LT 16A - 18A119556
  • Utilities: Electricity ConnectedSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR

This listing courtesy of Tammie Pressley, A New View Realty

Location

Schools Nearby

I

Itasca Elementary School

300 N Files St, Itasca, TX, 76055

Grades PK-5

0.35 miles away

I

Itasca Middle School

208 N Files St, Itasca, TX, 76055

Grades 6-8

0.36 miles away

I

Itasca High School

123 N College St, Itasca, TX, 76055

Grades 9-12

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.