$350,000

109 E 4th St Keene, TX 76059

Estimated payment $2,542/month

Total Views 190
-- Bed
-- Bath
3,674 Sq Ft
$95 Price per Sq Ft

Highlights

  • 0.85 Acre Lot
  • Accessible Approach with Ramp
  • Central Heating and Cooling System
  • Engineered Wood Flooring

About This Home

Exceptional investment opportunity in the heart of Keene! This amazing fourplex is a turnkey income-producing asset ready for your portfolio. It sits on nearly 1 acre and offers immediate cash flows as all units are fully rented. Conveniently located near Southwestern Adventist University, ensuring strong consistent rental demand. The property features 4 spacious units with a total of 7 bedrooms and 4 bathrooms across 3866 sq ft. each boasting generous living spaces and central AC on unit A,B,D. A fifth unfinished unit currently use as storage and could possibly turn into another rental unit once it is finished.Property has their own water meters and electric meters. Only one gas meter for the whole unit for heating. Minerals will convey with a great offer. It has a great great backyard as it is almost an acre. So hurry and book your appointment a day before showings.

Listing Agent

Elgina Parilla

Keller Williams Johnson County Brokerage Phone: 817-426-9800 License #0730931 Listed on: 04/29/2026

Keller Williams Johnson County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,233

Year Built

  • Built in 1970

Home Design

  • Quadruplex
  • Combination Foundation
  • Slab Foundation
  • Composition Roof

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Engineered Wood
  • Ceramic Tile

Parking

  • Parking Deck
  • Driveway
  • On-Site Parking
  • Assigned Parking

Schools

  • Keene Elementary School
  • Keene High School

Additional Features

  • 2-Story Property
  • Accessible Approach with Ramp
  • 37,026 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 126011400280

Community Details

Overview

  • 4 Units
  • 3,674 Sq Ft Building
  • Abst 114 Tr 28 Bb Subdivision

Building Details

  • Gross Income $42,000
  • Net Operating Income $36,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,233

Year Built

Built in 1970

Lot Details

0.85 Acres

Listing Details

  • OWNERNAME: See Tax
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Accessibility Features: Accessible Approach with Ramp
  • Year Built Details: Preowned
  • Attribution Contact: 817-426-9800
  • CapRate: 10.43
  • Co List Office Mls Id: KWJC00FW
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48251:126011400280
  • Special Features: VirtualTour
  • Year Built: 1970

Interior Features

  • Interior Amenities: Other
  • Flooring: Combination, Ceramic Tile, Engineered Hardwood
  • Appliances: Dishwasher, Electric Oven

Exterior Features

  • Foundation: Combination, Slab
  • Roof: Composition
  • Construction Materials: See Remarks
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air
  • Parking Features: Assigned, Driveway, On Site, Deck

Utilities

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

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.85
  • Parcel Number: 126011400280
  • Lot Size Acres: 0.85
  • Lot Size Sq Ft: 37026.0

Building Info

  • Year Built: 1970
  • Units Total: 4

Multi Family

  • Insurance Expense: 2000.0
  • Annual Gross Income: 42000.0
  • Property Net Operating Income: 36500.0

Tax Info

  • Tax Annual Amount: 8233.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $6,952 $387,425 $32,000 $355,425
2024 $6,952 $294,559 $0 $0
2023 $5,806 $245,466 $32,000 $213,466
2022 $6,181 $245,466 $32,000 $213,466
2021 $6,358 $244,081 $19,000 $225,081
2020 $6,425 $237,831 $12,750 $225,081
2019 $5,196 $180,408 $12,750 $167,658
2018 $5,250 $180,408 $12,750 $167,658
2017 $5,226 $180,408 $12,750 $167,658
2016 $5,226 $180,408 $12,750 $167,658
2015 $5,063 $180,408 $12,750 $167,658
2014 $5,063 $174,033 $6,375 $167,658
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2026 04/29/26 For Sale $350,000 -- $95 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21254567

North Texas Real Estate Information Systems (NTREIS)

APN: 126-0114-00280

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