Fantastic investment package opportunity—perfect for investors seeking immediate cash flow or those just getting started and want an option for themselves! This package includes 3 single family properties plus a 0.97 empty lot! Recently renovated, these properties feature modern updates throughout, including granite countertops, durable luxury vinyl plank wood flooring, and updated kitchen and bathroom finishes. This package is ideal for investors looking for a cash-flowing rental property making it a turnkey addition to your rental portfolio. (Unit 1) 1206 N Business Highway 78, sits on a 1.32 acre lot with the 0.97 vacant lot adjacent - Tenant-occupied through 5-28-27 at $1525 per month. (Unit 2) 313 N Church St - Lease Term: 5-31-26 at $1475 per month (Unit 3) 308 W Lamm St - Actively listed for lease.
These properties are also available for individual sale.
For sale
$700,000
1206 N Business Highway 78, Blue Ridge, TX 75424
9beds
2,990sqft
Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$234/sqft
$-- HOA
What's special
Modern updates throughoutGranite countertopsRecently renovated
- 43 days |
- 235 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Mallory Adams 0746744 972-480-8280,
OmniKey Realty, LLC. 972-480-8280
Source: NTREIS,MLS#: 21269743
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
Features
- Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Other, Cable TV
- Flooring: Luxury Vinyl Plank
- Windows: Window Coverings
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,990
- Total interior livable area: 2,990 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Carport, Driveway
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Covered
- Exterior features: Private Yard, Rain Gutters
- Pool features: None
- Fencing: Fenced
Lot
- Size: 1.32 Acres
- Features: Acreage, Back Yard, Lawn, Landscaped, Level
Details
- Parcel number: R647800005401
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
- Foundation: Other
- Roof: Composition
Condition
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Available, Separate Meters, Water Available, Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Blue Ridge
HOA
- Has HOA: No
Location
- Region: Blue Ridge
Financial & listing details
- Price per square foot: $234/sqft
- Tax assessed value: $190,188
- Annual tax amount: $2,807
- Date on market: 5/13/2026
- Cumulative days on market: 44 days
- Listing terms: Cash,Conventional,1031 Exchange
- Exclusions: Current tenant belongings (as applicable) fridge, washer and dryer.
Estimated market value
Not available
Estimated sales range
Not available
$1,417/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Listing removed | $1,525$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/14/2026 | Price change | $1,525-1.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/13/2026 | Listed for sale | $700,000+211.1%$234/sqft |
Source: NTREIS #21269743 Report a problem | ||
| 4/28/2026 | Listed for rent | $1,550+17%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/10/2025 | Listing removed | $225,000$75/sqft |
Source: NTREIS #21057322 Report a problem | ||
| 12/8/2025 | Listing removed | $1,325 |
Source: Zillow Rentals Report a problem | ||
| 11/17/2025 | Price change | $1,325-1.9% |
Source: Zillow Rentals Report a problem | ||
| 11/10/2025 | Price change | $1,350-1.8% |
Source: Zillow Rentals Report a problem | ||
| 10/27/2025 | Price change | $1,375-1.8% |
Source: Zillow Rentals Report a problem | ||
| 10/15/2025 | Listed for rent | $1,400-20% |
Source: Zillow Rentals Report a problem | ||
| 10/13/2025 | Price change | $225,000-3.2%$75/sqft |
Source: NTREIS #21057322 Report a problem | ||
| 9/26/2025 | Price change | $232,500-1.1%$78/sqft |
Source: NTREIS #21057322 Report a problem | ||
| 9/11/2025 | Price change | $235,000-27.7%$79/sqft |
Source: NTREIS #21057322 Report a problem | ||
| 9/9/2025 | Price change | $325,000-4.4%$109/sqft |
Source: NTREIS #20987497 Report a problem | ||
| 8/21/2025 | Price change | $340,000-2.9%$114/sqft |
Source: NTREIS #20987497 Report a problem | ||
| 8/7/2025 | Price change | $350,000-4.1%$117/sqft |
Source: NTREIS #20987497 Report a problem | ||
| 7/18/2025 | Price change | $365,000-2.7%$122/sqft |
Source: NTREIS #20987497 Report a problem | ||
| 7/1/2025 | Listed for sale | $375,000-6.3%$125/sqft |
Source: NTREIS #20987497 Report a problem | ||
| 7/1/2025 | Listing removed | $400,000$134/sqft |
Source: NTREIS #20984958 Report a problem | ||
| 6/30/2025 | Listing removed | $1,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/29/2025 | Listed for sale | $400,000$134/sqft |
Source: NTREIS #20984958 Report a problem | ||
| 5/27/2025 | Listed for rent | $1,750+16.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/21/2025 | Listing removed | $1,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/18/2025 | Price change | $1,500-1.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/3/2025 | Listed for rent | $1,525$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,807 -1.3% | $190,188 -0.7% |
| 2024 | $2,844 +4% | $191,443 +4.1% |
| 2023 | $2,736 +1% | $183,855 +13.8% |
| 2022 | $2,710 | $161,617 +54.8% |
| 2021 | -- | $104,422 +2.4% |
| 2020 | $1,813 +19.7% | $102,008 +22.8% |
| 2019 | $1,515 +9% | $83,062 -1.8% |
| 2018 | $1,390 +17.4% | $84,588 +12.2% |
| 2017 | $1,184 | $75,413 +14.7% |
| 2016 | $1,184 +15.6% | $65,761 +3.4% |
| 2015 | $1,024 | $63,626 +16.2% |
| 2014 | $1,024 | $54,764 -2.9% |
| 2013 | -- | $56,426 +2.5% |
| 2012 | -- | $55,048 -4.9% |
| 2011 | -- | $57,900 +1.3% |
| 2010 | -- | $57,142 -4.5% |
| 2009 | -- | $59,860 -0.3% |
| 2008 | -- | $60,053 -0.9% |
| 2007 | -- | $60,573 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75424
Nearby schools
GreatSchools rating
- 5/10Blue Ridge Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Blue Ridge Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Blue Ridge High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Blueridge
- Middle: Blueridge
- High: Blueridge
- District: Blue Ridge 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.
- Texas
- Collin County
- Blue Ridge
- 75424
- 1206 N Business Highway 78
Nearby cities
Nearby zip codes
Other Blue Ridge Topics
