Drastic price improvement to demonstrate Seller's motivation to close by year-end. Remodeled Four-Plex sitting on 2.245 acres on the outskirts of Royse City. Four apartments, two 2-1 & two 3-1 units, ranging from approximately 1,000-1,300 SF. The parking lot was surfaced and all 4 units were fully renovated in 2022-2023. Great current cash flow opportunity. One unit vacant and listed for lease - this unit could be owner-occupied to allow for FHA financing. This Four-plex is unlike any other in the area, being one of the few multi-family options for residents in the growing Royse City & Union Valley areas. With no major competitors, this creates high demand in this growing area. Located within close proximity to several major retailers & entertainment venues, conveniently located between Rockwall, Greenville, Royse City & Terrell with easy commute to Dallas. Quality building with homey, country living feel. DO NOT DISTURB TENANTS! DO NO ENTER PROPERTY WITHOUT APPROVAL OF LISTING AGENT.
Sold
Price Unknown
8809 County Road 2586, Quinlan, TX 75189
10beds
4,600sqft
Quadruplex, Multi Family, Multi Family
Built in 1999
-- sqft lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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List your homeWhat's special
Growing royse cityRoyse city
Zillow last checked:
Listing updated:
Listed by:
Mica Pryor 0662424 972-772-6025,
M&D Real Estate 972-772-6025
Bought with:
Christopher Pryor
JPAR - Rockwall
Source: NTREIS,MLS#: 20390573
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator
Features
- Open Floorplan
- Flooring: Ceramic Tile, Laminate
Interior area
- Total structure area: 4,600
- Total interior livable area: 4,600 sqft
Property
Parking
- Total spaces: 10
- Parking features: Asphalt, On Site, Parking Lot
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Pool features: None
- Fencing: Other
Lot
- Size: 2.25 Acres
- Features: Acreage, Cleared, Level
Details
- Parcel number: 126000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Metal Siding, Other, Unknown
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1999
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop
- Utilities for property: Electricity Available, Electricity Connected, None, Septic Available, Separate Meters, Water Available
Community & HOA
Community
- Subdivision: Samuel Mcfadgin Sur A-651
HOA
- Has HOA: No
Location
- Region: Quinlan
Financial & listing details
- Tax assessed value: $584,360
- Annual tax amount: $8,455
- Date on market: 7/25/2023
- Cumulative days on market: 85 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2023 | Sold | -- |
Source: NTREIS #20390573 Report a problem | ||
| 11/1/2023 | Pending sale | $549,000$119/sqft |
Source: NTREIS #20390573 Report a problem | ||
| 10/18/2023 | Contingent | $549,000$119/sqft |
Source: NTREIS #20390573 Report a problem | ||
| 10/11/2023 | Price change | $549,000-7.7%$119/sqft |
Source: NTREIS #20390573 Report a problem | ||
| 8/17/2023 | Price change | $595,000-4.8%$129/sqft |
Source: NTREIS #20390573 Report a problem | ||
| 7/25/2023 | Listed for sale | $625,000-7.4%$136/sqft |
Source: NTREIS #20390573 Report a problem | ||
| 4/5/2023 | Listing removed | -- |
Source: NTREIS #20185656 Report a problem | ||
| 1/10/2023 | Contingent | $675,000$147/sqft |
Source: NTREIS #20185656 Report a problem | ||
| 12/14/2022 | Price change | $675,000-18.2%$147/sqft |
Source: NTREIS #20185656 Report a problem | ||
| 11/18/2022 | Price change | $825,000-10.8%$179/sqft |
Source: NTREIS #20185656 Report a problem | ||
| 11/9/2022 | Price change | $925,000-7%$201/sqft |
Source: NTREIS #20185656 Report a problem | ||
| 10/14/2022 | Listed for sale | $995,000$216/sqft |
Source: NTREIS #20185656 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,455 +10.5% | $584,360 +10.6% |
| 2024 | $7,652 -20.4% | $528,140 -19.7% |
| 2023 | $9,613 +42.2% | $657,820 +56.9% |
| 2022 | $6,762 +55.8% | $419,190 +6.2% |
| 2021 | $4,341 +72.8% | $394,770 +50% |
| 2020 | $2,513 -23.1% | $263,100 -5.2% |
| 2019 | $3,268 -4.4% | $277,390 +1% |
| 2018 | $3,419 -0.3% | $274,540 +59.6% |
| 2017 | $3,429 +1.4% | $171,980 +1.4% |
| 2016 | $3,383 -0.4% | $169,530 +0.2% |
| 2015 | $3,397 | $169,230 +0.4% |
| 2014 | $3,397 | $168,540 +4.4% |
| 2012 | -- | $161,440 |
| 2011 | -- | $161,440 -0.9% |
| 2010 | -- | $162,830 +0.5% |
| 2009 | -- | $162,080 +0% |
| 2008 | -- | $162,010 -12.2% |
| 2007 | -- | $184,440 -0.2% |
| 2006 | -- | $184,790 +40.2% |
| 2005 | -- | $131,810 +9.4% |
| 2004 | -- | $120,480 |
Find assessor info on the county website
Neighborhood: 75189
Nearby homes
- $122,600-- bd-- ba1.2k sqft6520 Highway 276 W, Royse city, TX 75189Off Market
- $266,900-- bd5 ba636 sqft6520 Highway 276 W, Royse city, TX 75189Off Market
- $152,400-- bd-- ba1.7k sqft6501 Highway 276 W, Royse city, TX 75189Off Market
- $257,900-- bd-- ba-- sqft6501 Highway 276 W, Royse city, TX 75189Off Market
- $--3 bd2 ba1.8k sqft8791 County Road 2586, Royse City, TX 75189Sold
- $354,400-- bd-- ba1.8k sqft6494 Highway 276 W, Royse City, TX 75189Off Market
- $651,700-- bd-- ba1.7k sqft8743 County Road 2586, Royse City, TX 75189Off Market
- $1,8003 bd1 ba1.3k sqft8809 County Road 2586 UNIT 3, Royse City, TX 75189For Rent
Nearby schools
GreatSchools rating
- NAD C Cannon Elementary SchoolGrades: PK-2Distance: 9.1 mi
- 4/10C B Thompson Middle SchoolGrades: 6-8Distance: 9.5 mi
- 5/10Wh Ford High SchoolGrades: 9-12Distance: 9 mi
Schools provided by the listing agent
- Elementary: Cannon
- Middle: Thompson
- High: Ford
- District: Quinlan ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Hunt County
- Royse City
- 75189
- 8809 County Road 2586
