$1,300,000
PENDING

411 Johnson St Marshall, TX 75670

Estimated payment $7,622/month

Total Views 5,104
-- Bed
-- Bath
11 Sq Ft
$118,182 Price per Sq Ft

Highlights

  • Eat-In Kitchen
  • Wall Furnace
  • 4-minute walk to Corner of Bolivar & Johnson
  • 1-Story Property

About This Home

Income producing duplex property! This property has 20 units that are each 1 bedroom and 1 bath. The sellers have maintained the property well and some units have been updated recently. Each 598 sf unit has AC, a full kitchen with refrigerator and oven stove, eating nook, storage closet, living room, bedroom and a bathroom. The sellers report a consistent 97 percent occupancy rate! There is also an additional unused building that has potential to be another residential unit, a community room, laundromat, or storage facility.

Listing Agent

Emily Realtor

Gregory Real Estate Brokerage Phone: 903-581-5575 License #0518557 Listed on: 09/05/2025

Co-Listing Agent

Jason Gregory

Gregory Real Estate Brokerage Phone: 903-581-5575 License #0481741

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1965

Parking

  • Common or Shared Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range

Schools

  • Travis Elementary School
  • Marshall High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 1.28 Acre Lot

Listing and Financial Details

  • Tax Lot 42,43
  • Assessor Parcel Number R000031019

Community Details

Overview

  • 11 Buildings
  • 20 Units
  • 11 Sq Ft Building
  • Ol Se Subdivision

Building Details

  • Gross Income $156,000
  • Net Operating Income $103,817

Property Details

Home Type

Apartment

Year Built

Built in 1965

Lot Details

1.28 Acres

Listing Details

  • OWNERNAME: Thomas Green
  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 903-581-5575
  • CapRate: 7.99
  • Co List Office Mls Id: GREG01C
  • Co List Office Phone: 903-581-5575
  • Co List Office Mls Id: GREG01C
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48203:R000031019
  • Special Features: VirtualTour
  • Year Built: 1965

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Flooring: Combination
  • Appliances: Electric Oven, Electric Range, Refrigerator

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Wall Unit(s)
  • Parking Features: Common

Utilities

  • Sewer: Public Sewer
  • Heating: Other, Wall Furnace
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Travis
  • High School: Marshall
  • Junior High Dist: Marshall ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 1.279
  • Parcel Number: R000031019
  • Lot Size Acres: 1.279
  • Lot Size Sq Ft: 55713.24

Building Info

  • Year Built: 1965
  • Units Total: 20

Multi Family

  • Insurance Expense: 9895.0
  • Annual Gross Income: 156000.0
  • Property Net Operating Income: 103817.0

Tax Info

  • Tax Lot: 42,43

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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 $11,185 $574,065 $16,710 $557,355
2024 $13,770 $727,130 $16,710 $710,420
2023 $13,155 $727,130 $16,710 $710,420
2022 $10,382 $511,940 $16,710 $495,230
2021 $9,246 $429,400 $16,710 $412,690
2020 $7,811 $362,760 $11,700 $351,060
2019 $8,060 $362,760 $11,700 $351,060
2018 $6,480 $291,620 $11,700 $279,920
2017 $6,480 $291,620 $11,700 $279,920
2016 $7,328 $329,800 $11,700 $318,100
2015 $6,482 $346,250 $11,700 $334,550
2014 $4,163 $274,610 $11,700 $262,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2026 01/30/26 Pending -- -- --
09/05/2025 09/05/25 For Sale $1,300,000 -- $118,182 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21052824

North Texas Real Estate Information Systems (NTREIS)

APN: R000031019

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