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.
For sale
$2,600,000
5256 County Road 803, Joshua, TX 76058
16beds
9,999sqft
Quadruplex, Multi Family
Built in 2024
-- sqft lot
$2,169,100 Zestimate®
$260/sqft
$-- HOA
What's special
Beautiful vaulted wood ceilingsDistinctive vaulted tin ceilings
- 122 days
- 179
- 8
Zillow last checked:
Listing updated:
Listed by:
Rebecca Smith 0445007 727-888-4175,
Dalton Wade, Inc. 727-888-4175
Source: NTREIS,MLS#: 21289495
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
- Resale
- 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: $1,047,800
- Annual tax amount: $14,805
- Date on market: 6/3/2026
- Cumulative days on market: 122 days
- Listing terms: Cash,Conventional
- Exclusions: Tenant belongings
Estimated market value
$2,169,100
$1.80M - $2.60M
$1,523/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Listed for sale | $2,600,000$260/sqft |
Source: NTREIS #21289495 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,805 -24.2% | $844,424 -24.6% |
| 2024 | $19,536 +174.7% | $1,120,012 +148% |
| 2023 | $7,112 +31718.8% | $451,670 +36237.1% |
| 2022 | $22 -17.6% | $1,243 -16.6% |
| 2021 | $27 -15.8% | $1,490 -8.7% |
| 2020 | $32 | $1,632 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 76058
Nearby schools
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.
