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$489,000

504 Faith Drive, Elsa, TX, 78543

On MarketInfo
Just AddedInfo
Baths0 Bath
Baths4,310 Sq Ft
QuadruplexQuadruplex
price_per_sqft$113.46 / sqft
Year BuiltBuilt in 2025

About this property

Modern fourplex located in Zion Subdivision in Elsa, offering an excellent opportunity for investors seeking a newly constructed, low-maintenance multifamily property. Each residence features an open-concept layout with high ceilings, wood-look tile flooring throughout, decorative slat accent walls, and contemporary lighting. The kitchens include quartz countertops, spacious islands, custom cabinetry, pantry storage, and stainless-steel appliances. Additional features include private laundry rooms, modern bathrooms with tiled showers or tub surrounds, built-in closet organization, individual fenced yards, and covered parking. Conveniently located near Walmart, IDEA Public Schools, shopping, dining, and major roadways.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,934 /month
Positive
Cash Flow Estimate:
$978 /month

Interested in this property?

Rafael Mendoza

Imperio Real Estate LLC

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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.

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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: Elsa

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504 Faith Drive | Property Details | No Agent List