415 E 4th Ave Belton, TX 76513
Estimated payment $3,353/month
Highlights
- Built-In Refrigerator
- Living Room
- 1-Story Property
- No HOA
- No Interior Steps
- Central Heating and Cooling System
About This Home
This well-maintained 4-unit multifamily property is located in the growing Belton–Temple corridor of Central Texas, a market supported by stable demand and limited small multifamily supply. The property is 100% occupied and has been consistently managed, offering immediate in-place income with the potential for future upside. The asset features oversized floorplans of approximately 1,200 square feet per unit, a highly desirable attribute within the submarket that supports long-term tenant retention. The unit mix includes two 3-bedroom / 2-bath units and two 2-bedroom / 1-bath units. Tenants are responsible for all utilities, helping reduce operating expenses. Ownership reports the property to be in good condition with no known deferred maintenance. The property is offered at $495,000. A comparable multifamily property in the immediate area sold approximately two months ago at approximately $142,000 per unit and $123 per square foot. By comparison, the subject property is currently offered at approximately $124,000 per unit and $102 per square foot, allowing an investor to acquire a stabilized asset at a basis below recent market transactions while maintaining flexibility for future value creation. According to third-party rental platforms, including Zillow, market rent estimates for comparable unit types in the area indicate rental levels above current in-place rents. While actual rents may vary, this data suggests the potential for incremental rent growth over time, subject to unit condition, market demand, and existing lease terms. Buyers are encouraged to conduct their own rent and expense due diligence. The property is situated in a stable residential neighborhood near major employment centers, retail amenities, and a highly rated school district. Surrounding multifamily assets demonstrate strong occupancy, and new multifamily development in the immediate area remains limited.
Listing Agent
Eaton Real Estate Company,LLC Brokerage Phone: (409) 996-9999 License #0539000 Listed on: 12/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,186
Year Built
- Built in 2005
Lot Details
- 7,418 Sq Ft Lot
- South Facing Home
Home Design
- Quadruplex
- Slab Foundation
- Composition Roof
Interior Spaces
- 4,840 Sq Ft Home
- 1-Story Property
- Living Room
- Laminate Flooring
- Fire and Smoke Detector
- Washer and Electric Dryer Hookup
Kitchen
- Built-In Electric Oven
- Built-In Refrigerator
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Full Bathrooms
Parking
- Open Parking
- Outside Parking
- Unassigned Parking
Schools
- Southwest Elementary School
- South Belton Middle School
- Belton High School
Additional Features
- No Interior Steps
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 0255920000
- Tax Block 4
Community Details
Overview
- No Home Owners Association
- Alexanders Add Subdivision
Pet Policy
- Dogs and Cats Allowed
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 | $9,357 | $452,237 | $28,560 | $423,677 |
| 2024 | $9,357 | $458,094 | $28,560 | $429,534 |
| 2023 | $9,165 | $452,827 | $23,293 | $429,534 |
| 2022 | $7,166 | $312,827 | $16,543 | $296,284 |
| 2021 | $5,639 | $229,833 | $16,543 | $213,290 |
| 2020 | $5,707 | $218,825 | $16,543 | $202,282 |
| 2019 | $6,569 | $239,053 | $16,543 | $222,510 |
| 2018 | $6,353 | $233,760 | $11,250 | $222,510 |
| 2017 | $5,876 | $230,010 | $7,500 | $222,510 |
| 2016 | $5,876 | $230,010 | $7,500 | $222,510 |
| 2014 | $5,877 | $230,010 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/19/2025 12/19/25 | For Sale | $495,000 | +50.0% | $102 / Sq Ft | |
| 03/29/2018 03/29/18 | Sold | -- | -- | -- | View Prior Sale |
| 02/27/2018 02/27/18 | Pending | -- | -- | -- | |
| 01/30/2018 01/30/18 | For Sale | $330,000 | -12.9% | $68 / Sq Ft | |
| 08/14/2015 08/14/15 | Sold | -- | -- | -- | View Prior Sale |
| 07/15/2015 07/15/15 | Pending | -- | -- | -- | |
| 04/29/2015 04/29/15 | For Sale | $379,000 | -- | $78 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Vendors Lien | -- | Centraland Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $280,000 | Purchase Money Mortgage | |
| Previous Owner | $220,000 | Commercial |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 6015340
APN: 10656
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