267 Washington Dr Avinger, TX 75630
Estimated payment $2,889/month
Highlights
- Open Floorplan
- Built-In Features
- Luxury Vinyl Plank Tile Flooring
- Fireplace
- Board and Batten Siding
- Central Heating and Cooling System
About This Home
Unlock an exceptional investment opportunity with this rare and profitable multi-unit property—consisting of six individual, single apartment-style homes, each with its own private yard—perfectly suited for tenants with pets or children.
Nestled just minutes from Lake O' The Pines – Johnson Creek and backing up directly to Corps of Engineers property, this location offers unbeatable recreational appeal while ensuring peace and privacy for tenants. Nature, water access, and long-term rental stability all come together here. The homes have been meticulously maintained and show true pride of ownership. With a strong rental history and consistent full occupancy since 2019, this property is a proven income producer. Start collecting rent from day one—no renovations or repositioning needed.
Whether you're a seasoned investor looking to add a reliable asset to your portfolio or just starting out and looking for a high-performing property—this is the opportunity you don’t want to miss.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,776
Year Built
- Built in 1980
Lot Details
- 1.56 Acre Lot
Parking
- Driveway
Home Design
- Pillar, Post or Pier Foundation
- Slab Foundation
- Frame Construction
- Metal Roof
- Board and Batten Siding
Interior Spaces
- 1.5-Story Property
- Open Floorplan
- Built-In Features
- Fireplace
- Luxury Vinyl Plank Tile Flooring
Kitchen
- Electric Range
- Dishwasher
Schools
- Jefferson Isd Schools Elementary School
- Jefferson Isd Schools High School
Utilities
- Central Heating and Cooling System
- Window Unit Cooling System
Listing and Financial Details
- Assessor Parcel Number 7221
Community Details
Overview
- 7 Buildings
- 6 Units
- 1,000 Sq Ft Building
Building Details
- Gross Income $45,000
- Net Operating Income $30,000
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 |
|---|---|---|---|---|
| 2024 | $2,776 | $205,800 | $12,560 | $193,240 |
| 2023 | $2,814 | $207,580 | $11,540 | $196,040 |
| 2022 | $3,424 | $209,680 | $9,810 | $199,870 |
| 2021 | $3,464 | $206,110 | $6,240 | $199,870 |
| 2020 | $3,519 | $208,830 | $6,240 | $202,590 |
| 2019 | $3,881 | $224,040 | $6,240 | $217,800 |
| 2018 | $3,872 | $223,550 | $6,240 | $217,310 |
| 2017 | $3,736 | $226,950 | $6,240 | $220,710 |
| 2016 | $3,784 | $229,870 | $6,240 | $223,630 |
| 2015 | -- | $238,550 | $11,700 | $226,850 |
| 2014 | -- | $143,590 | $6,240 | $137,350 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | For Sale | $479,900 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20981197
APN: 7221
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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