Listed by Brenton Reagan of Cass Real Estate
This renovated 4-plex has been worked on from the ground up. Currently 100% occupied, it is split into 1 unfurnished unit for long-term leases and 3 Fully-Furnished all-bills-paid units for mid-term leases (1-6 months or so). The furnishings and decor in the 3 furnished units convey. Since 2023 it's received foundation work (including new subfloors), Mini-split air systems for all units, vinyl plank flooring, interior and exterior paint, new appliances, furniture, decor, and more. Good rents and minimal expenses give this property a whopping CAP rate of 10.3%, and this could be higher if the 4th unit is converted some day to fully-furnished as well. All 4 units are 2 bedroom with 1 bathroom (2/1), set up with 2 units downstairs and 2 units upstairs. There is a central stairway indoors up front to access the upstairs units. In the rear, each unit also has a back door that leads into a common area where the laundry closet is. All tenants share the washer and dryer, and these appliances convey. Three stoves are gas, one is electric. Water and gas are on Master meters and fall under Landlord expenses; electric meters are individual for each unit and could be billed out separately. There are awnings for the Tenant parking area in the rear, but they're down currently due to winter winds.

    Property Details of 642 Robinson Street

    Property Details

    Interior Features

    Exterior Features

    Utilities and Appliances

    Community

    Map Location

     Based on information submitted to TX_CCMLS as of May 31, 2026 8:39 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

    Hi there! How can we help you?

    Contact us using the form below or give us a call.

    Send Us A Message:

    I agree to receive marketing and customer service calls and text messages from Phyllis Browning Company Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms.

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.