TX > Itasca > Itasca Ot
Itasca, TX 76055,105 W North Street
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Itasca, TX 76055,105 W North Street
Itasca, TX 76055,105 W North Street
Itasca, TX 76055,105 W North Street
Itasca, TX 76055,105 W North Street
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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902
$ 795,000
Est. payment /mo
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New

105 W North Street Itasca, TX 76055

2 Beds

3 Baths

7,492 Sqft Lot

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Itasca Ot

MLS Listing ID 21090224

Bedrooms 2

Full Baths 2

Half Baths 1

HOA Y/N None

Total Fin. Sqft 4760

Year Built 2025

Annual Tax Amount $1,544

Lot Size 7,492 Sqft

Acres 0.172

Property Sub-Type Apartment

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.

Location

State TX

County Hill

Direction From Fort Worth, take I-35W South toward Waco. Continue on I-35W to Exit 8 – FM 66 Itasca.

Interior

Interior Features Decorative Lighting, Granite Counters, High Speed Internet Available, Kitchen Island

Heating Electric

Cooling Electric

Flooring Laminate

Appliance Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Washer

Heat Source Electric

Exterior

Utilities Available Asphalt, City Sewer, City Water, Electricity Connected

Roof Type Composition

Garage No

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Board & Batten Siding

Schools

Elementary Schools Itasca

Middle Schools Itasca

High Schools Itasca

School District Itasca Isd

Others

Ownership M&H Investments, LLC

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21090224

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2025 North Texas Real Estate Information Systems.
Listed by Tammie Pressley • A New View Realty
Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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105 W North Street