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Days47Days on Market
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$450,000

304 Mcbride St, Lone Oak, TX, 75453

On MarketInfo
Beds9 Beds
Baths4 Bath
Baths1,772 Sq Ft
DuplexDuplex
price_per_sqft$110.11 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 9Bedrooms 9
Bathrooms Half 4Bathrooms Half 4
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size31,363 sqft

Building Information

Year Built1989
Stories1
Roof Type105

Land Information

APN4395-0920-0030-51
Lot Number3
SubdivisionOrig Town Of Lone Oak
Land UseResidential
Legal DescriptionS4395 ORIG TOWN OF LONE OAK BLK 92 LOT 3 ACRES .72
Census Tract960700
Assessed Land Value$54,320
Assessed Improvement Value$349,620
Assessment Year2025

About this property

Turnkey income-producing property featuring two duplexes on one lot, fully occupied and cash flowing from day one. This four-unit asset includes three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, offering a strong and diverse rental mix. All units are separately metered, with tenants responsible for all utilities—keeping owner expenses low and maximizing net income. Each unit offers driveway parking and has been recently updated inside, providing modern appeal and reducing near-term maintenance costs. All leases are 12-month terms, creating stable and predictable income for the next owner. This is an ideal opportunity for investors seeking a low-maintenance, fully leased property with immediate returns. Do not disturb tenants. Showings available with accepted offer.

Investor Tools

Property Icon
$446,000
Estimated Property Value
$0Estimated Mortgage Balance
$446,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Alex Hammons

AT Home Texas Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$847/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,928
$403,940
2025
$54,320
$349,620
$403,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,928
$403,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$636,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lone Oak

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304 Mcbride St | Property Details | No Agent List