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For sale
  • $2,600,000

    5256 County Road 803, Joshua, TX 76058

    16beds
    9,999sqft
    : 
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    Quadruplex, Multi Family
    Built in 2024
    -- sqft lot
    $2,402,800 Zestimate®
    $260/sqft
    $-- HOA

    What's special

    Durable finishesBeautiful vaulted wood ceilings
    This exceptional multi-family investment opportunity offers a rare combination of stable income production, newer construction and additional land with future potential. The property consists of four fourplex buildings totaling 16 residential units. All units are currently leased on one-year lease agreements, providing immediate and consistent cash flow. Constructed between 2021 and 2026, the development features modern construction with quality materials and durable finishes for long term ownership and reduced maintenance. The property is serviced by an aerobic septic system. Each unit offers a spacious one-bedroom, one-bath floor plan with vaulted ceilings that create an open and inviting atmosphere. Select units feature beautiful vaulted wood ceilings, while others showcase distinctive vaulted tin ceilings, adding rustic-modern character and architectural appeal throughout the property. Built with durability and convenience in mind, units have stained concrete and tile flooring. Interior wood walls add warmth and charm, creating a custom feel that distinguishes these units from traditional apartment properties. Residents benefit from dedicated utility rooms with full-size washer and dryer connections. All units are equipped with seamless metal roofs for long-term durability and minimal maintenance requirements. Every unit includes a covered two-car carport with concrete parking beneath, while gravel drive access complements the property's rural setting and efficient layout. The additional 6.92 acres of grassland adds substantial value and flexibility to the investment, offering many additional opportunities or long-term land appreciation. Opportunity to buy with additional investment property MLS #21289453.
    44 days
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    230
    |
    9
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rebecca Smith 0445007,

    Dalton Wade, Inc. 727-888-4175

    Source: NTREIS,MLS#: 21289495

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 16
      • Bathrooms: 16
      • Full bathrooms: 16
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Electric Range, Microwave, Refrigerator
      Features
      • Open Floorplan, Walk-In Closet(s)
      • Flooring: Concrete, Ceramic Tile
      Interior area
      • Total structure area: 9,999
      • Total interior livable area: 9,999 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 32
      • Parking features: Attached Carport
      • Carport spaces: 15
      • Covered spaces: 32
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 7.93 Acres
      Details
      • Parcel number: 126339001025

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Year built: 2024

      Utilities & green energy

      • Sewer: Aerobic Septic
      • Water: Community/Coop
      • Utilities for property: Electricity Available, Septic Available, Water Available

      Community & HOA

      Community
      • Subdivision: Wells Acres
      HOA
      • Has HOA: No
      Location
      • Region: Joshua

      Financial & listing details

      • Price per square foot: $260/sqft
      • Tax assessed value: $882,558
      • Annual tax amount: $12,045
      • Date on market: 6/3/2026
      • Cumulative days on market: 45 days
      • Listing terms: Cash,Conventional
      • Exclusions: Tenant belongings

        Estimated market value

        $2,402,800

        $2.28M - $2.52M

        $1,759/mo

        Price history

        DateEventPrice
        6/3/2026Listed for sale$2,600,000$260/sqft
        Source: NTREIS #21289495 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,045 +20.6%$687,022 +20%
        2024$9,986 +32.9%$572,518 +20%
        2023$7,512 +77%$477,098 +102.1%
        2022$4,243 +10.7%$236,049 +12.1%
        2021$3,833 $210,637
        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.
        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: 76058

        Getting around

        1 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Tom and Nita Nichols,Joshua
        • High: Joshua
        • District: Joshua ISD

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

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