$400,000

257 Linda Lee Loop Whitney, TX 76692

Whitney Area

Estimated payment $2,292/month

Total Views 861
5 Beds
5 Baths
2,275 Sq Ft
$176 Price per Sq Ft

Highlights

  • Open Floorplan
  • Luxury Vinyl Plank Tile Flooring
  • Wall Furnace
  • 1-Story Property

About This Home

Extensively renovated in 2023 — stripped to the slab and main rafters and rebuilt with all-new electrical, plumbing, and systems throughout — this 5-unit residential income property in Whitney, TX offers a rare turnkey investment opportunity. A brand-new septic system was installed in 2025. Each unit features 1 bedroom, approximately 550 SF, and washer dryer hookups. All 5 units are currently leased, generating consistent rental income with an average monthly rent of $930 per unit. Single-story, low-maintenance construction on a 0.28-acre lot near Lake Whitney. Major capital improvements already completed, offering a strong cash-flowing asset ready to add to your portfolio.

Listing Agent

Lexie Hoffman

Jeremy Hoffman, Broker License #0805328 Listed on: 06/19/2026

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,353

Year Built

  • Built in 2023

Lot Details

  • 12,197 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Schools

  • Whitney Elementary And Middle School
  • Whitney High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 101485

Community Details

Overview

  • 5 Units
  • 2,275 Sq Ft Building

Building Details

  • Gross Income $55,800
  • Net Operating Income $43,003

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,353

Year Built

Built in 2023

Lot Details

0.28 Acres

Listing Details

  • OWNERNAME: Peak and Peace Capital LLC
  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: One
  • Year Built Details: Preowned
  • CapRate: 10.75
  • Co List Office Mls Id: HFFM00FW
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48217:101485
  • Special Features: VirtualTour
  • Year Built: 2023

Interior Features

  • Interior Amenities: Open Floorplan
  • Flooring: Luxury Vinyl Plank
  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator

Beds/Baths

  • Full Bathrooms: 5
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Slab
  • Roof: Shingle
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Wall Unit(s)
  • Parking Features: Off Street

Utilities

  • Sewer: Septic Tank
  • Heating: Wall Furnace
  • Utilities: Electricity Available, Septic Available, Water Available
  • Heating Yn: Yes

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.28
  • Parcel Number: 101485
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12196.8

Building Info

  • Year Built: 2023
  • Units Total: 5
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 4652.0
  • Annual Gross Income: 55800.0
  • Property Net Operating Income: 43003.0

Tax Info

  • Tax Annual Amount: 1353.0

MLS Schools

  • MiddleOrJuniorSchool: Whitney

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $521 $242,640 $8,540 $234,100
2024 $11 $203,620 $8,540 $195,080
2023 $945 $60,720 $8,540 $52,180
2022 $1,131 $60,460 $8,540 $51,920
2021 $1,227 $57,760 $8,540 $49,220
2019 $1,237 $53,200 $8,540 $44,660
2018 $1,192 $51,360 $8,540 $42,820
2017 $1,203 $51,360 $8,540 $42,820
2016 $1,203 $51,360 $8,540 $42,820
2015 -- $35,880 $8,540 $27,340
2014 -- $34,290 $8,540 $25,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/19/2026 06/19/26 For Sale $400,000 -- $176 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21307904

North Texas Real Estate Information Systems (NTREIS)
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