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113 S Summit Street Red Oak, TX $ 349,000
113 S Summit Street
$ 349,000
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113 S Summit Street

Red Oak, TX, 75154
$ 349,000
Bedrooms4 Baths4.0

Monthly Estimate*

$ 2,204

Multi-Family Home for sale in Red Oak, TX

for $349,000 with 4 bedrooms and 4 full baths. This home was built in 1994 on a lot size of 0.266.

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.

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Multi-Family Active

Price

$ 349,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,000

Style

Quadruplex

Lot Size

0.266

Year Built

1994

Town/City

Red Oak

County/Region

Ellis

MLS | Web ID

21347820

Features
Interior
Interior Features Other
Flooring Carpet Ceramic Tile
Occupancy Rate 100
Total Units 4
Half Baths 0
Total Bedrooms 4
Total Baths 1
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General
Heating Central
Complex Name None
Cooling Central Air
Utilities All Weather Road City Sewer City Water Co-op Electric Concrete
Possession Closing/Funding Other
Roof Shingle
Appliances Dishwasher Electric Cooktop Electric Oven Microwave Refrigerator
School District Red Oak ISD
Pool Y/N 0
Year Built 1994
Levels One
Property Subtype Quadruplex
Subdivision Name Valley Estates
County Ellis
Property Type Residential Income
Construction Materials Brick Concrete Wood Other
Year Built Details Preowned
HOA Type None
# of Buildings 1
Full Baths 1
Status Active
Directions follow google maps
City Red Oak
Elementary School Name Wooden
High School Red Oak
Elementary School Wooden
Standard Status Active
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Exterior
Waterfront 0
Parking Features Driveway
Foundation Other
Building Area Total 3291.00
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Internal Only
Street Number 1 113
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* Excluded Features
List By
Sridhar Kothalanka

Listing Agent

Mersal Realty

Broker

Affordability Calculator

$2,954
Per Month
75%
25%
0%
Monthly Principal & Interest
$2,204
Monthly Property Taxes
$750
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
287273 Elementary School
5136327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/1/2026$349,000 Listed Price

Map


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113 S Summit Street, Red Oak, TX, 75154 is a Multi-Family Home for sale at $349,000 with a lot size of 0.266. 113 S Summit Street has 4 bedrooms, 4.0 baths, and was built in 1994. The property's zip code is 75154 which is in Red Oak, TX