$1,600,000

455 Neals Hill Rd Gainesville, TX 76240

Estimated payment $10,025/month

16 Beds
16 Baths
9,648 Sq Ft
$166 Price per Sq Ft

Highlights

  • Granite Countertops
  • 1-Story Property
  • Garage
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

TWO FOURPLEXES - 8 units well maintained features fully brick, built 2015, covered porches, 2 car carports each, granite countertops, stone backsplash, crown molding, trey ceilings, all appliances including washer and dryer. Approx. 1 hour north of Dallas, 20 minutes from largest Casino in the world-Winstar... Approx. 15 minutes from Gainesville or Sherman, and minutes away from area Lakes. Additional storage built for each unit.

Listing Agent

Abdul Jameel Abdur Rahman

My Dream Home Helpers Realty Brokerage Phone: 214-264-2737 License #0738887 Listed on: 11/30/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2015

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 9,648 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Front Facing Garage
  • Side Facing Garage

Schools

  • Callisburg Elementary School
  • Callisburg High School

Additional Features

  • 0.65 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 69326

Community Details

Overview

  • 8 Units
  • 9,648 Sq Ft Building
  • Oakridge Subdivision

Building Details

  • Gross Income $126,000
  • Net Operating Income $82,500

Property Details

Home Type

Multi-Family

Year Built

Built in 2015

Lot Details

0

Listing Details

  • OWNERNAME: See tax records
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 214-264-2737
  • CapRate: 5.16
  • Co List Office Mls Id: ANGA01
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48097:69326
  • Special Features: VirtualTour
  • Year Built: 2015

Interior Features

  • Square Footage: 9648.0
  • Interior Amenities: Granite Counters
  • Flooring: Carpet, Luxury Vinyl Plank, Tile
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer

Beds/Baths

  • Full Bathrooms: 16
  • Total Bedrooms: 16

Exterior Features

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

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Carport, Garage Faces Front, Garage, Garage Faces Side
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.6503
  • Parcel Number: 69326
  • Lot Size Acres: 0.6503
  • Lot Size Sq Ft: 28327.07

Building Info

  • Year Built: 2015
  • Units Total: 8

Multi Family

  • Insurance Expense: 4763.0
  • Annual Gross Income: 126000.0
  • Property Net Operating Income: 82500.0

MLS Schools

  • MiddleOrJuniorSchool: Callisburg

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2025 11/30/25 For Sale $1,600,000 -38.5% $166 / Sq Ft
09/09/2021 09/09/21 Sold -- -- -- View Prior Sale
05/20/2021 05/20/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $2,600,000 0.0% $152 / Sq Ft
04/21/2021 04/21/21 Off Market -- -- --
01/04/2021 01/04/21 For Sale $2,600,000 -- $152 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21122292

North Texas Real Estate Information Systems (NTREIS)