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503 Morris Street, Terrell, TX 75160

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For Sale

$550,000

8 beds • 6 baths • 2 half baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

4plex for sale in Terrell, Tx! $4,520 in gross monthly rents + 300 in water bill-backs equals 4,820 in total gross monthly income with room to increase on upcoming renewals. All 2 bed units. Unit 1 lease end date is 6-27-25, Unit 2 lease end date 7-31-25, Unit 3 lease end date 3-31-26, Unit 4 lease end date 6-30-25. Spacious living areas greet you upon entry. Flows seamlessly into your L-shaped Kitchen with plenty of storage and c-top space! Both Bedrooms are a good size! Electric is separately metered and paid by tenants. Water is one meter and paid by owner. Water bill-backs in place to help off-set this cost.
MLS# 20899506

Courtesy Of OmniKey Realty, LLC., Listed By Will Clark

(972) 480-8280

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Cable Ready
  • Architecture Style
    Other
  • Lot Size
    0.2 Acres

Map and Directions

Directions to 503 Morris Street, Terrell, TX 75160

Home seller CENTURY 21 Judge Fite Company

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Judge Fite Company

(972) 270-2100
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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