$699,000
SOLD JUL 23, 2025
Last list price

1305 Mill St Unit 4 Gainesville, TX 76240

8 Beds
8 Baths
4,052 Sq Ft
6,490 Sq Ft Lot

Recently Sold

$173 Per Sq Ft

86 Days on Market

Highlights

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

About This Home

As of July 2025

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!

Last Agent to Sell the Property

Nancy Torres

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

Last Buyer's Agent

Michael Shelton

Texas Triad Homes License #0718028

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Balthrop Bobby Dwaine and Rogers Nancy A
Bought by
Cl Construction Investments Llc
Current Estimated Value
$687,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.6%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

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

Mortgage History

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

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2025 07/23/25 Sold -- -- --
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)

Tax History Compared to Growth

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

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20890426

North Texas Real Estate Information Systems (NTREIS)

APN: 14802