$699,000
PENDING NEW CONSTRUCTION

1305 Mill St Unit 4 Gainesville, TX 76240

Estimated payment $3,911/month

Total Views 950
8 Beds
8 Baths
4,052 Sq Ft
$173 Price per Sq Ft

Highlights

  • New Construction
  • Walk-In Closet
  • Luxury Vinyl Plank Tile Flooring
  • Granite Countertops
  • Kitchen Island
  • Central Air

About This Home

READY TO RENT. 4-Plex in Prime Location!
This BRAND NEW 4-plex features four spacious units, each offering 2 bedrooms and 2 full bathrooms. Every unit includes essential appliances—refrigerator, dishwasher, microwave, washer, and dryer—and has separate utilities for added convenience. Located just minutes from Hwy 82 and Hwy 35, this property is ideal for investors or owner-occupants seeking rental income in a high-demand area. Don’t miss out on this fantastic opportunity!

Listing Agent

Nancy Torres

C-21 DEAN GILBERT, REALTORS Brokerage Phone: 903-893-5188 License #0656702 Listed on: 04/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $387

Year Built

  • Built in 2025 | New Construction

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Fiberglass Siding

Kitchen

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

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 8 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Edison Elementary School
  • Gainesvill High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • 2-Story Property
  • 6,490 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 14802
  • Tax Block 135

Community Details

Overview

  • 4 Units
  • 4,052 Sq Ft Building
  • Gainesville Add Subdivision

Building Details

  • Gross Income $67,200
  • Net Operating Income $46,719

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$387

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • OWNERNAME: CL CONSTRUCTION
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Year Built Details: New Construction - Complete
  • Attribution Contact: 903-893-5188
  • CapRate: 6.68
  • Co List Office Mls Id: GILB00TO
  • Special Features: 4098
  • Year Built: 2025

Interior Features

  • Interior Amenities: Granite Counters, Kitchen Island, Walk-In Closet(s)
  • Flooring: Carpet, Luxury Vinyl Plank
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Fiberglass Siding
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air
  • Parking Features: Concrete, Off Street

Utilities

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

Schools

  • Elementary School: Edison
  • High School: Gainesvill
  • Junior High Dist: Gainesville ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.149
  • Parcel Number: 14802
  • Lot Size Acres: 0.149
  • Lot Size Sq Ft: 6490.44

Building Info

  • Year Built: 2025
  • Units Total: 4
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 7200.0
  • Annual Gross Income: 67200.0
  • Property Net Operating Income: 46719.0

Tax Info

  • TaxBlock: 135
  • Tax Annual Amount: 387.0

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
2024 $387 $20,430 $20,430 $0
2023 $334 $17,017 $17,017 $0
2022 $344 $15,802 $15,802 $0
2021 $218 $8,450 $8,450 $0
2020 $459 $17,277 $11,700 $5,577
2019 $309 $11,318 $5,850 $5,468
2018 $228 $8,356 $2,925 $5,431
2017 $227 $8,356 $2,925 $5,431
2015 $222 $8,356 $2,925 $5,431
2014 $222 $8,356 $2,925 $5,431
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $699,000 0.0% $173 / Sq Ft
06/15/2025 06/15/25 Off Market -- -- --
06/02/2025 06/02/25 For Sale $699,000 0.0% $173 / Sq Ft
05/31/2025 05/31/25 Off Market -- -- --
04/02/2025 04/02/25 For Sale $699,000 -- $173 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Deed -- Howeth Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $319,500 Construction
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20890426

North Texas Real Estate Information Systems (NTREIS)

APN: 14802