209 Joyce ST Weatherford, TX 76085
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,992 sqft
Price per Sqft $134
Subdivision Lucas Add
MLS Listing ID 20939965
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1996
Annual Tax Amount $6,240
Lot Size 0.516 Acres
Acres 0.516
Property Sub-Type Quadruplex
Property Description
Appraisal completed in fall of 2024 came in at $585,000.
Own a fully occupied, cash flowing 4-plex built in 1996 in great condition. Current lease rates are about 10% under market. One lease is currently month-to-month and the other leases end November 30, 2025, February 28, 2026 and April 30, 2026. This allows rents to be fully to market rate in less than a year. Existing property management is available for 2-years at a 6% monthly management fee. See attached proformas for both current rents and market rents.
Second 4-plex next door is available. See listing for 205 Joyce Street, listing 20939954.
Location
State TX
County Parker
Direction [Google Maps seems to be accurate.] Take 171 (Main Street) north from Hwy 180. Make a right on Lucas and another right on Joyce Street. The 4-plex is the 3rd building on the left.
Interior
Interior Features Built-in Features
Heating Electric
Cooling Central Air, Electric
Flooring Combination
Fireplace No
Appliance Dishwasher, Electric Range, Electric Water Heater
Exterior
Parking Features Additional Parking
Pool None
Utilities Available Septic Available, Water Available
Water Access Desc Well
Roof Type Composition
Total Parking Spaces 8
Garage No
Building
Foundation Slab
Sewer Septic Tank
Water Well
Level or Stories Two
Schools
Elementary Schools Seguin
Middle Schools Tison
High Schools Weatherford
School District Weatherford Isd
Others
Tax ID R000128293
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20939965