105 W NORTH STREET, ITASCA, TX 76055
Homes for sale in Itasca.
Homes for sale in 76055.
List Price$795,000
105 W North Street
Itasca, TX 76055
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
