$699,000
NEW CONSTRUCTION

1305 Mill St Unit 4 Gainesville, TX 76240

Estimated payment $3,908/month

Total Views 434
2 Beds
2 Baths
-- Sq Ft
-- 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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $387

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 6,490 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Fiberglass Siding

Interior Spaces

  • 2-Story Property
  • Dryer

Kitchen

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

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Schools

  • Edison Elementary School
  • Gainesvill Middle School
  • Lee Middle School
  • Gainesvill High School

Utilities

  • Central Air
  • Heating Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 14802
  • Tax Block 135
  • $387 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$387

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Year Built Details: New Construction - Incomplete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 46719
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 172.52018
  • Attribution Contact: 903-893-5188
  • Special Features: NewHome
  • Year Built: 2025

Interior Features

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

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Fiberglass Siding

Garage/Parking

  • Cooling System: Central Air
  • Number Of Parking Spaces: 8
  • Parking Features: Concrete, Off Street

Utilities

  • Heating: Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: MILLS
  • Association Type: None

Schools

  • School District: Gainesville ISD
  • Elementary School: Edison
  • High School: Gainesvill
  • School District: Gainesville ISD
  • Elementary School: Edison
  • Intermediate School: Lee
  • Junior High School: Gainesvill

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1490
  • Parcel Number: 14802
  • Lot Size Acres: 0.1490
  • Lot Size Sq Ft: 6490.4400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

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

Multi Family

  • Gross Annual Expenses: 13281.00
  • Gross Annual Income: 67200.00
  • Insurance Expense: 7200
  • Unit Count: 4

Tax Info

  • Unexempt Taxes: 387
  • TaxBlock: 135

MLS Schools

  • Elementary School Name: Edison
  • High School Name: Gainesvill

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 $20,420 $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
04/02/2025 04/02/25 For Sale $699,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Deed 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

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20890426

North Texas Real Estate Information Systems (NTREIS)

APN: 14802