5256 County Road 803, Joshua, TX

$2,600,000

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16

Beds

16

Baths

7.93

Acres

About 5256 County Road 803

This exceptional multi-family investment opportunity offers a rare combination of stable income production, newer construction and additional land with future potential. The property consists of four fourplex buildings totaling 16 residential units. All units are currently leased on one-year lease agreements, providing immediate and consistent cash flow. Constructed between 2021 and 2026, the development features modern construction with quality materials and durable finishes for long term ownership and reduced maintenance. The property is serviced by an aerobic septic system. Each unit offers a spacious one-bedroom, one-bath floor plan with vaulted ceilings that create an open and inviting atmosphere. Select units feature beautiful vaulted wood ceilings, while others showcase distinctive vaulted tin ceilings, adding rustic-modern character and architectural appeal throughout the property. Built with durability and convenience in mind, units have stained concrete and tile flooring. Interior wood walls add warmth and charm, creating a custom feel that distinguishes these units from traditional apartment properties. Residents benefit from dedicated utility rooms with full-size washer and dryer connections. All units are equipped with seamless metal roofs for long-term durability and minimal maintenance requirements. Every unit includes a covered two-car carport with concrete parking beneath, while gravel drive access complements the property's rural setting and efficient layout. The additional 6.92 acres of grassland adds substantial value and flexibility to the investment, offering many additional opportunities or long-term land appreciation. Opportunity to buy with additional investment property MLS #21289453.

Features of 5256 County Road 803

MLS® # 21289495
Price $2,600,000
Bedrooms 16
Bathrooms 16.00
Full Baths 16
Acres 7.93
Year Built 2024
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 5256 County Road 803
Subdivision Wells Acres
City Joshua
County Johnson
State TX
Zip Code 76058

Amenities

Utilities Aerobic Septic, Co-op Electric, Co-op Water
Parking Spaces 32
Garages Attached Carport
Is Waterfront No
Has Pool No

Interior

Interior Features Open Floorplan, Walk-In Closet(s)
Heating Central, Electric
Fireplace No

Exterior

Roof Metal
Construction Brick
Foundation Slab

School Information

District Joshua ISD
Middle Tom and Nita Nichols
High Joshua

Financial Information

HOA None

Listing Details

AgentRebecca Smith
OfficeDalton Wade, Inc.

Listing Map

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