3002 Stanford St Greenville, TX 75401
Estimated payment $6,907/month
Highlights
- 0.86 Acre Lot
- Eat-In Kitchen
- Tile Flooring
- Covered Patio or Porch
- Built-In Features
- Central Heating and Cooling System
About This Home
Unlock the potential of this rare multifamily opportunity in the heart of Greenville, TX! This portfolio includes five duplexes, offering a total of 10 income-producing units—four 3-bedroom, 2-bath units and six 2-bedroom, 1.5-bath units—positioned on spacious lots with ample parking and rental appeal.
These duplexes have been under the same ownership for over 50 years. They’ve been maintained with the intent to keep them long term, and ownership has consistently invested in keeping them in excellent condition (see transaction desk for list if improvements since 2021). The property boasts a strong history of full occupancy, including one tenant who has called it home for 12 years, reflecting its desirability and stability.
Whether you’re a seasoned investor or just starting to build your real estate portfolio, this asset offers proven performance alongside excellent income potential. Located minutes from downtown Greenville, shopping, schools, and major highways, this property is well-positioned for long-term appreciation.
Don’t miss this chance to acquire a high-yield asset with major potential—opportunities like this are hard to come by!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,760
Year Built
- Built in 1969
Lot Details
- 0.86 Acre Lot
- Chain Link Fence
Parking
- 12 Carport Spaces
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 12,030 Sq Ft Home
- 2-Story Property
- Built-In Features
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Gas Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 24 Bedrooms
Outdoor Features
- Covered Patio or Porch
Schools
- Bowie Elementary School
- Greenville High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 50600000019041
Community Details
Overview
- 10 Units
- 12,030 Sq Ft Building
- S5060 Stainback & Darby Subdivision
Building Details
- Gross Income $126,500
- Net Operating Income $94,000
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 |
|---|---|---|---|---|
| 2023 | $4,811 | $200,000 | $37,060 | $162,940 |
| 2022 | $4,036 | $180,000 | $26,590 | $153,410 |
| 2021 | $2,796 | $112,100 | $14,480 | $97,620 |
| 2020 | $2,787 | $106,830 | $11,110 | $95,720 |
| 2019 | $2,900 | $107,480 | $5,020 | $102,460 |
| 2018 | $3,026 | $109,970 | $2,510 | $107,460 |
| 2017 | $3,039 | $109,970 | $2,510 | $107,460 |
| 2016 | $2,436 | $88,140 | $2,220 | $85,920 |
| 2015 | $2,729 | $93,120 | $2,220 | $90,900 |
| 2014 | $2,729 | $96,450 | $2,220 | $94,230 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $950,000 | -- | $79 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21011727
APN: 79290
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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