105 W NORTH STREET, ITASCA, TX 76055

Homes for sale in Itasca.

Homes for sale in 76055.


Status of the property has changed, please contact for details

List Price$795,000

105 W North Street

Itasca, TX 76055

Listing Image Listing Image

Listing #21090224

2

Bedrooms

2 full, 1 partial

Bathrooms

4,760

Square Feet

5

Number of Units

Multi-Unit Residential

Type

About This Property

Completed in September 2025, this new construction 5-plex in Itasca, TX offers investors a rare opportunity to own a fully leased, income-producing property with minimal maintenance. Each of the five units features 2 bedrooms with private ensuite bathrooms, a half bath downstairs, and an open-concept living area with granite countertops throughout. Kitchens include a refrigerator, electric range, and microwave, plus washer, dryer hookups for tenant convenience. Built with durable board and batten siding and modern finishes, these units attract strong, long-term tenants. All five units are leased on 12-month agreements of approximately $1,450 per month, providing a gross annual income of approximately $87,000 and an estimated 10% gross ROI based on the $795,000 list price. Conveniently located within Itasca city limits near I-35, this property sits between DFW and Waco, making it ideal for commuters and investors seeking growth in a small-town market. This is a true turnkey investment--new construction, fully leased, and ready to generate income from day one.

Property Features

Location Information

County

Hill

Subdivision

Itasca Ot

Interior Features

Interior

Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island

Heating

Electric

Full Baths

2

Cooling

Electric

1/2 Baths

1

Floors

Laminate

Has Fireplace

No

Appliances

Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer

Number of Fireplaces

0

Total Number of Units

5

Exterior Features

Stories

2

Pool Description

None

Is New Construction

Yes

Lot Size in Acres

0.172

Construction

Board & Batten Siding

Lot Size in Sq. Ft.

7,492

Foundation

Slab

Buildings

1

Roof

Composition

Building Total Area (Sq. Ft.)

4,760

Parking Description

Common

Road Description

Asphalt

Garage Spaces

0

Is One Story

No

School

Elementary School District

Itasca ISD

Jr. High School

Itasca

Elementary School

Itasca

High School

Itasca

Additional Information

Year Built Details

New Construction - Complete

Status

Closed

Property Type

RI

Has a Home Owners Association

No

Property SubType

Apartment

Tax Annual Amount

1544.0

Year Built

2025

Similar Listings

Schools

Walk Score

Real Estate IDX Powered by iHomefinder