NOT LISTED FOR SALE

105 W North St Itasca, TX 76055

Estimated Value: $308,122 - $996,000

2 Beds
2.5 Baths
4,760 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2026

Current estimated payment $3,625 / mo

49 Days on Market

Highlights

  • New Construction
  • Cooling Available
  • Board and Batten Siding
  • Granite Countertops
  • Kitchen Island
  • High Speed Internet

About This Home

As of January 2026

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.

Last Agent to Sell the Property

Tammie Pressley

A New View Realty Brokerage Phone: 817-223-7277 License #0645029 Listed on: 10/20/2025

Last Buyer's Agent

Non-NTREIS MLS Licensee

NON MLS

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,544

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 7,492 Sq Ft Lot

Parking

  • Common or Shared Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 2-Story Property
  • Decorative Lighting
  • Laminate Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Itasca Elementary And Middle School
  • Itasca High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 16A-1 / 18
  • Assessor Parcel Number 119556

Community Details

Overview

  • 5 Units
  • 4,760 Sq Ft Building
  • Itasca Ot Subdivision

Building Details

  • Gross Income $84,000
  • Net Operating Income $75,200

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,544

Year Built

Built in 2025 | New Construction

Lot Details

7,492 Sq Ft Lot

Listing Details

  • OWNERNAME: M&H Investments, LLC
  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Year Built Details: New Construction - Complete
  • Attribution Contact: 817-223-7277
  • CapRate: 9.46
  • Co List Office Mls Id: NVR0001
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48217:119556
  • Special Features: 4098
  • Year Built: 2025

Interior Features

  • Interior Amenities: Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island
  • Flooring: Laminate
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Board & Batten Siding
  • Pool Features: None
  • Waterfront: No
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Electric
  • Parking Features: Common
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Utilities: Electricity Connected, Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Itasca
  • High School: Itasca
  • Junior High Dist: Itasca ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.172
  • Parcel Number: 119556
  • Lot Size Acres: 0.172
  • Lot Size Sq Ft: 7492.32

Building Info

  • Year Built: 2025
  • Units Total: 5
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 7800.0
  • Annual Gross Income: 84000.0
  • Property Net Operating Income: 75200.0

Tax Info

  • TaxBlock: 18
  • Tax Lot: 16A-1
  • Tax Annual Amount: 1544.0

MLS Schools

  • MiddleOrJuniorSchool: Itasca

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2025
Closed on
Jan 21, 2026
Sold by
Bought by
Seller's Agent
Tammie Pressley
A New View Realty
Buyer's Agent
Non-NTREIS MLS Licensee
NON MLS
List Price
$795,000
Views
8
Current Estimated Value
$652,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-31.20%
Original Mortgage
$384,000
Outstanding Balance
$381,294
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$270,767

Purchase Details

Closed on
Sep 9, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.08%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 12, 2023
Closed on
Mar 21, 2024
Sold by
Bought by
Seller's Agent
Crystal Holmes
Grandview Real Estate
Buyer's Agent
Tammie Pressley
A New View Realty
List Price
$32,000
Views
156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
256.76%

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 21, 2022
Sold by
Bought by
Seller's Agent
Michael King
Onyx Legacy Realty LLC
Buyer's Agent
Crystal Holmes
Grandview Real Estate
List Price
$21,500
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.46%
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Micro Title
-- None Listed On Document
-- Micro Title
-- Micro Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $384,000
Previous Owner $575,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2026 01/22/26 Sold -- -- --
12/08/2025 12/08/25 Pending -- -- --
10/20/2025 10/20/25 For Sale $795,000 0.0% $167 / Sq Ft
10/01/2025 10/01/25 Rented $1,500 0.0% --
07/01/2025 07/01/25 For Rent $1,500 0.0% --
03/22/2024 03/22/24 Sold -- -- -- View Prior Sale
09/12/2023 09/12/23 For Sale $32,000 +48.8% --
12/20/2022 12/20/22 Sold -- -- -- View Prior Sale
11/22/2022 11/22/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $21,500 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $491 $82,380 $20,980 $61,400
2024 $284 $20,000 $20,000 $0
2023 $241 $12,620 $12,620 $0
2022 $272 $12,620 $12,620 $0
2021 $158 $6,310 $6,310 $0
2020 $422 $16,030 $5,760 $10,270
2019 $414 $15,370 $5,100 $10,270
2018 $387 $14,710 $4,640 $10,070
2017 $388 $14,400 $4,330 $10,070
2016 $365 $13,530 $4,330 $9,200
2015 -- $13,250 $4,050 $9,200
2014 -- $13,060 $3,860 $9,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21090224

North Texas Real Estate Information Systems (NTREIS)

APN: 119556

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