Estimated payment $3,802/month
Highlights
- Central Air
- Rhodes Elementary School Rated A
- Heating Available
About This Home
Investor-ready and cash flowing! This well-maintained quadplex is located in the desirable Van ISD area and features four fully rented units, each offering a spacious 2-bedroom, 1-bath layout with an open floor plan. All units come fully equipped with appliances, including refrigerators, making them move-in ready and appealing to long-term tenants. The property also offers concrete parking for added convenience and low maintenance. Perfectly located near schools, the local ball park, and shopping, this property sits in a high-demand rental area with strong tenant retention. Whether you're looking to grow your portfolio or secure steady passive income, this turn-key quadplex checks all the boxes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,985
Year Built
- Built in 2015
Parking
- Paved Parking
Home Design
- 1,664 Sq Ft Home
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
Schools
- Van Elementary And Middle School
- Van High School
Utilities
- Central Air
- Heating Available
Community Details
- 4 Units
- Morrow Addition Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,985 | $552,220 | $19,470 | $532,750 |
| 2024 | $10,985 | $490,780 | $17,700 | $473,080 |
| 2023 | $11,101 | $485,890 | $12,810 | $473,080 |
| 2022 | $9,518 | $377,120 | $20,810 | $356,310 |
| 2021 | $9,229 | $336,630 | $20,810 | $315,820 |
| 2020 | $8,989 | $317,080 | $16,290 | $300,790 |
| 2019 | $7,682 | $257,160 | $15,740 | $241,420 |
| 2018 | $7,000 | $233,160 | $7,740 | $225,420 |
| 2016 | $3,969 | $138,430 | $23,740 | $114,690 |
| 2015 | $4,153 | $139,970 | $25,280 | $114,690 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/02/2026 01/02/26 | Price Changed | $555,000 | -0.9% | $334 / Sq Ft | |
| 10/02/2025 10/02/25 | Price Changed | $560,000 | -1.8% | $337 / Sq Ft | |
| 08/07/2025 08/07/25 | For Sale | $570,000 | +14.2% | $343 / Sq Ft | |
| 12/15/2023 12/15/23 | Sold | -- | -- | -- | View Prior Sale |
| 10/23/2023 10/23/23 | Pending | -- | -- | -- | |
| 09/29/2023 09/29/23 | Price Changed | $499,000 | -5.7% | -- | |
| 08/21/2023 08/21/23 | For Sale | $529,000 | -- | -- | |
| 02/28/2020 02/28/20 | Sold | -- | -- | -- | View Prior Sale |
| 01/24/2020 01/24/20 | Pending | -- | -- | -- |
Source: Greater Tyler Association of REALTORS®
MLS Number: 25011940
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