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Listing provided courtesy of Jeremy Hoffman, Broker- MLS# 21307904MLS ProviderContact Information: Lexie Hoffman

257 Linda Lee LoopWhitney, TX 76692

Multi-Family · 5 Beds · 5 Full Baths · 2,275 Sq. ft. | 0.28 Acres
$400,000 Active

257 Linda Lee Loop Overview

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Extensively renovated in 2023 — stripped to the slab and main rafters and rebuilt with all-new electrical, plumbing, and systems throughout — this 5-unit residential income property in Whitney, TX offers a rare turnkey investment opportunity. A brand-new septic system was installed in 2025. Each unit features 1 bedroom, approximately 550 SF, and washer dryer hookups. All 5 units are currently leased, generating consistent rental income with an average monthly rent of $930 per unit. Single-story, low-maintenance construction on a 0.28-acre lot near Lake Whitney. Major capital improvements already completed, offering a strong cash-flowing asset ready to add to your portfolio.

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257 Linda Lee Loop Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,275
  • Price/Sq.ft. $176
  • Lot 0.28 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Whitney ISD
  • Elementary School: Whitney
  • Middle Or Junior School: Whitney
  • High School: Whitney

Income/Expenses

  • Gross Income: 55800.0
  • Insurance Expense: 4652.0
  • Net Operating Income: 43003.0

Building Information

  • Year Built: 2023
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Hill
  • Postal City: WHITNEY
  • Subdivision Name: NA

Tax Information

  • Tax Annual Amount: 1353.0

General Information

  • Parcel Number: 101485
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Senior Community: No

Interior

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Total: 5
  • Bedrooms Total: 5

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 2275.0

General Information

  • Appliances: Electric Range,Electric Water Heater,Microwave,Refrigerator
  • Flooring: Luxury Vinyl Plank
  • Foundation Details: Slab
  • Interior Features: Open Floorplan
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Off Street
  • Parking Total: 5.0

Lot Information

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Square Feet: 12196.8
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Shingle

General Information

  • Number Of Units Total: 5
  • Pool Features: None
  • Sewer: Septic Tank
  • Utilities: Electricity Available,Septic Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

257 Linda Lee Loop Market Data

Based on the last 30 days in this zip code

$419,864
Average List Price
$212
Average Price per Square Foot
18
Properties Sold
124
Average Days on Market
142
Properties for Sale
Calculations provided by Reliance Network


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