105 W North ST, Itasca, TX 76055
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105 W North ST, Itasca, TX 76055
105 W North ST, Itasca, TX 76055
105 W North ST, Itasca, TX 76055
105 W North ST, Itasca, TX 76055

$795,000

Est. payment /mo

$795,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

105 W North ST Itasca, TX 76055

2 Beds

3 Baths

4,760 SqFt

SOLD DATE : 01/22/2026

Key Details

Sold Price $795,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 4,760 sqft

Price per Sqft $167

Subdivision Itasca Ot

MLS Listing ID 21090224

Sold Date 01/22/26

Bedrooms 2

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 2025

Annual Tax Amount $1,544

Lot Size 7,492 Sqft

Acres 0.172

Property Sub-Type Apartment

Property Description

Completed in September 2025, this new construction 5-plex in Itasca, TX offers investors a rare opportunity to own a fully leased, income-producing property with minimal maintenance. Each of the five units features 2 bedrooms with private ensuite bathrooms, a half bath downstairs, and an open-concept living area with granite countertops throughout. Kitchens include a refrigerator, electric range, and microwave, plus washer, dryer hookups for tenant convenience. Built with durable board and batten siding and modern finishes, these units attract strong, long-term tenants. All five units are leased on 12-month agreements of approximately $1,450 per month, providing a gross annual income of approximately $87,000 and an estimated 10% gross ROI based on the $795,000 list price. Conveniently located within Itasca city limits near I-35, this property sits between DFW and Waco, making it ideal for commuters and investors seeking growth in a small-town market. This is a true turnkey investment—new construction, fully leased, and ready to generate income from day one.

Location

State TX

County Hill

Direction From Fort Worth, take I-35W South toward Waco. Continue on I-35W to Exit 8 – FM 66 Itasca.

Interior

Interior Features Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island

Heating Electric

Cooling Electric

Flooring Laminate

Fireplace No

Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer

Exterior

Parking Features Common

Pool None

Utilities Available Electricity Connected, Sewer Available, Water Available

Water Access Desc Public

Roof Type Composition

Street Surface Asphalt

Total Parking Spaces 2

Garage No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Elementary Schools Itasca

Middle Schools Itasca

High Schools Itasca

School District Itasca Isd

Others

Senior Community No

Tax ID 119556

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Conventional, 1031 Exchange, FHA

Financing Conventional

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Georgette Jones

Georgette Jones

New Construction Strategist | REALTOR®

+1(817) 298-9619

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