104 N Heights Drive, Crowley, TX 76036
Local realty services provided by:CENTURY 21 Elite
Listed by: cree calloway940-923-7396
Office: real broker, llc.
MLS#:21189191
Source:GDAR
Price summary
- Price:$580,000
- Price per sq. ft.:$168.21
About this home
Investor & Owner-Occupant Opportunity: Multifamily Asset with Immediate Cash Flow in Crowley, TX
Step into steady income and long-term upside with this 3,448 sq ft multifamily property located in the growing Crowley market. Zoned MF (Multifamily Residential), this Class C asset features four 2-bed, 1-bath units—three of which are currently rented, with the owner occupying the fourth. This setup offers immediate cash flow with the flexibility to convert the owner’s unit into additional rental income or retain it for on-site management.
Whether you're an investor seeking a value-add opportunity or a buyer looking to live in one unit and lease out the others, this property offers the best of both worlds. Positioned near schools, retail, and major highways, it sits in a high-demand rental corridor with strong growth indicators.
With room to raise rents to market rate and potential for cosmetic upgrades, the pro forma upside is strong—making this a smart addition to any portfolio or a strategic first step for owner-investors.
?? Highlights:
-Zoned MF – supports multifamily use and future expansion
-3 of 4 Units Rented – immediate income with owner-occupancy flexibility
-Live-In Investment – ideal for buyers who want to offset their mortgage with rental income
-Pro Forma Upside – increase NOI through renovations and rent optimization
-Strong Location – near schools, retail, and major highways
-Investor-Friendly Market – Crowley is experiencing steady population and job growth
This property delivers on location, flexibility, and income potential—whether you're building your portfolio or planting roots with passive income built in....
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Home facts
- Year built:1987
- Listing ID #:21189191
- Added:175 day(s) ago
- Updated:March 28, 2026 at 09:47 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Laminate, Luxury Vinyl Plank
- Kitchen Description:Dishwasher, Microwave, Refrigerator
- Living area:3,448 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1987
- Building area:3,448 sq. ft.
- Lot area:0.21 Acres
- Lot Features:Acreage
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Crowley
- Middle school:Stevens
- Elementary school:Bess Race
Finances and disclosures
- Price:$580,000
- Price per sq. ft.:$168.21
Features and amenities
- Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Fire Alarm
Parking
- Total parking spaces:8
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