About This Home

This 0-bedroom, 0-bathroom residential multi family at 7544 N US HIGHWAY 69 in Alba, TX is listed for $500,000 ($248 per sqft). Built in 2000, the home offers 2,016 sqft of living space on a 9.29 acres lot.

Key Features

  • Built in 2000
  • 9.29 acre lot
  • 2 stories
  • 2 parking spaces
  • Fireplace

Property Details

2 stories
1-car garage
2000

Amenities

FireplaceA/C
Listing Description

INVESTMENT AND INCOME OPPORTUNITY ON HWY 69! Owner financing available! This versatile property offers multiple existing rental income streams along with excellent potential for future expansion. The property currently features three occupied studio units, each offering 1 bedroom, 1 bathroom, and heating and cooling, with current rents of $600, $650, and $700 per month.

A separate 3 bedroom, 2 bathroom home is also currently rented for $1,600 per month, bringing total existing rental income to approximately $3,550 per month. Adding even more opportunity, an additional structure on the property could potentially be finished out for another residential rental, office, business, or other income-producing use.

Pre-existing utility infrastructure provides a valuable head start for expanding the property with additional units and increasing future rental income. With established tenants, multiple income-producing units, Highway 69 frontage, and room to grow, this property presents an exciting opportunity for investors looking to acquire an existing rental operation with additional value-add potential.

Continue operating the current rentals while exploring expansion, additional residential units, or commercial possibilities to maximize the property's income potential.

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

7544 N US HIGHWAY 69

Alba, TX 75410

Property Details

Construction

Brick

Parking

Carport

Heating

Fireplace(s)

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 7544 N US HIGHWAY 69 is listed at $500,000 ($248/sqft). The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2000, 9.29 acre lot, 2 stories, 2 parking spaces, Fireplace.

This property is listed by Alex Chapa.

AC

Alex Chapa

Agent at Marksman Management

Listed by Marksman Management · Broker phone: (214) 676-5053 · View on Broker Site

MLS# 21397839· Source: North Texas Real Estate Information Systems, Inc.· 10 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7544 N US HIGHWAY 69, Alba, TX 75410

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