Skip main navigation
Under contract
Street View
  • $349,000

    113 S Summit St, Red Oak, TX 75154

    4beds
    3,291sqft
    : 
    $2,526/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1994
    -- sqft lot
    $-- Zestimate®
    $106/sqft
    $-- HOA

    What's special

    Exceptional Investment Opportunity – Rare 4-Plex in a Prime Growth Location! Don't miss this hard-to-find fourplex offering outstanding cash flow potential in a highly desirable location. Conveniently situated near major interstate access, schools, shopping, and employment centers, this property is positioned in a peaceful, well-established neighborhood surrounded by continued residential and commercial growth. The property is 100% occupied with long-term tenants, providing immediate, stable rental income while offering the opportunity for future value enhancement. Current rents present upside potential, with the ability to increase rental income over time to align with comparable market rates. Each of the four units features a functional 1-bedroom, 1-bathroom floor plan designed for strong tenant demand. Recent capital improvements include new HVAC systems, helping reduce future maintenance costs and improve long-term reliability. Each unit is equipped with an electric stove, appliances providing a low-maintenance and efficient setup for both owners and tenants. Whether you're an experienced investor looking to expand your portfolio or seeking a stable income-producing asset with appreciation potential, this well-maintained fourplex offers an excellent combination of location, occupancy, and future growth opportunity.
    21 days
    |
    25
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sridhar Kothalanka 0664632 214-731-3163,

    Mersal Realty 214-731-3163

    Source: NTREIS,MLS#: 21347820

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
      Features
      • Other
      • Flooring: Carpet, Ceramic Tile
      Interior area
      • Total structure area: 3,291
      • Total interior livable area: 3,291 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 0.27 Acres
      Details
      • Parcel number: 169371

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Brick, Other, Concrete, Wood Siding
      • Foundation: Other
      • Roof: Shingle
      Condition
      • Resale
      • Year built: 1994

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Subdivision: Valley Estates
      HOA
      • Has HOA: No
      Location
      • Region: Red Oak

      Financial & listing details

      • Price per square foot: $106/sqft
      • Tax assessed value: $442,800
      • Annual tax amount: $9,000
      • Date on market: 8/1/2026
      • Cumulative days on market: 22 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,004/mo

        Price history

        DateEventPrice
        8/12/2026Contingent$349,000$106/sqft
        Source: NTREIS #21347820 Report a problem
        8/1/2026Listed for sale$349,000$106/sqft
        Source: NTREIS #21347820 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $442,800 -2.7%
        2024$9,438 +4.3%$455,000 +4.3%
        2023$9,050 +1.7%$436,164 +12%
        2022$8,897 $389,484 +45.5%
        2021-- $267,750 -14.8%
        2020-- $314,180 0%
        2019$7,864 +105%$314,230 +111.6%
        2018$3,835 $148,530
        2017$3,835 +12.7%$148,530 +13.6%
        2016$3,403 $130,750
        2015$3,403 $130,750
        2014$3,403 $130,750
        2013-- $130,750
        2012-- $130,750
        2011-- $130,750
        2010-- $130,750
        2009-- $130,750 -29.7%
        2008-- $185,930
        2007-- $185,930
        2006-- $185,930 +54.7%
        2005-- $120,170 -7.6%
        2004-- $130,070
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75154

        Getting around

        28 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wooden
        • Middle: Red Oak
        • High: Red Oak
        • District: Red Oak ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes