Rare, updated newer build 4-plex in White Settlement. 100% leased with gross rents at $5,300 per month. Each unit was updated in 2020 with new paint, new vinyl wood flooring throughout, renovated kitchens with new stainless appliances & granite countertops, and more! Units feature a spacious floorpan with large living, 3 beds & 2 baths & laundry room in each unit, lots of windows, and a private yard & patio on each as well as carport parking for each unit. Tenants pay ALL utilities for their units. Lots of new growth in the area!
**Rare Investment Opportunity: Fully Renovated Fourplex** All four units in this property have undergone extensive renovations, with over $40k in recent updates, ensuring modern and appealing living spaces for tenants. Each unit features 2 bedrooms and 2 full baths, complete with refrigerator, stove, and dishwasher. Additionally, all units are equipped with washer and dryer connections, enhancing tenant convenience and appeal. All units are individually metered, fully electric (no gas). The roof was replaced in 2016. Current rents for the 2bed 2bath units range from $1,000 to $1,050, with similar units in the complex renting up to $1,200. Three units are currently occupied, and one unit is freshly vacated and ready for a new tenant, making this an excellent opportunity for immediate cash flow. Don't miss this chance to invest in a well-maintained property with strong rental income potential.
The median home value in White Settlement, TX is $214,900. This is lower than the county median home value of $310,500. The national median home value is $338,100. The average price of homes sold in White Settlement, TX is $214,900. Approximately 49.46% of White Settlement homes are owned, compared to 39.24% rented, while 11.31% are vacant. White Settlement real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a White Settlement real estate agent to arrange a tour today!
White Settlement, Texas has a population of 18,040. White Settlement is less family-centric than the surrounding county with 34.67% of the households containing married families with children. The county average for households married with children is 34.97%.
The median household income in White Settlement, Texas is $49,627. The median household income for the surrounding county is $73,545 compared to the national median of $69,021. The median age of people living in White Settlement is 35.7 years.
The average high temperature in July is 95.7 degrees, with an average low temperature in January of 35 degrees. The average rainfall is approximately 36.5 inches per year, with 1.5 inches of snow per year.