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312 Hickerson Street #8, Cedar Hill, TX 75104

Cedar Hill
Local realty services provided by:CENTURY 21 Middleton
312 Hickerson Street #8,Cedar Hill, TX 75104
$1,550,000
  • 14 Beds
  • 8 Baths
  • 6,786 sq. ft.
  • Multi-family
  • Active
Listed by: kellie fancher972-741-8678
Office: re/max preferred associates
MLS#:21061019
Source:GDAR

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$228.41

About this home

Profitable 8-unit multifamily investment in a close-knit community at 312 Hickerson. Each unit has its own HVAC system, approximately 8 years old. The complex includes four updated 2-bedroom, 2-bath units renting for $1,500-month, two two-bedroom, 2-bath units not updated at $1,100-month, one one-bedroom, one bath not updated at $950-month, and one updated one-bedroom, one bath, at $1,100-month. All units also have their own small fenced backyard. Five units have been fully renovated in the last 24 months, including stainless steel appliances, flooring, plumbing, and electrical fixtures. Annual rental income is approximately $123,000, with expenses including taxes ($25,800), insurance ($8,569), and management fees ($7,500), leaving a profit before taxes of about $81,131 and a market CAP rate of roughly 5.6%. Seventy percent of residents have lived in the community eight or more years, demonstrating stability and a well-established tenant base. Minimal ongoing maintenance and recent...

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Home facts

  • Year built:1985
  • Listing ID #:21061019
  • Added:183 day(s) ago
  • Updated:March 18, 2026 at 11:38 AM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:8
  • Full bathrooms:8
  • Flooring:Vinyl
  • Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Living area:6,786 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Concrete
  • Year built:1985
  • Building area:6,786 sq. ft.
  • Lot area:0.48 Acres
  • Lot Features:Subdivision
  • Construction Materials:Brick
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Cedar Hill
  • Middle school:Besse Coleman
  • Elementary school:Highpointe

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$228.41
  • Tax amount:$25,800

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Amenities:Fire Alarm, Security System

Parking

  • Total parking spaces:8
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated March 18, 2026 Listings with the NTREIS logo are listed by brokerages other than CENTURY 21 Middleton.

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