Residential Rental Property Portfolio For Sale which includes 2 duplexes & 13 single family residential homes for a total of 15 properties & 17 units (doors) Both duplexes & three of the single family homes are located in White Settlement, TX, home to Lockheed Martin & past State Champions Brewer Bears. White Settlement is a growing suburb just west of Fort Worth with visionary leaders that dedicate their lives & free time to city planning & keeping the small community family oriented. White Settlement ISD has a four out of five star rating with The State of Texas. Lockheed Martin declared The City of White Settlement as it's home base years ago & occupies hundreds of acres of land within the city & generates billions of dollars to the economy. The remaining 10 single family homes are located in Pelican Bay nicknamed The Bay because of it's proximity to Eagle Mountain Lake, friendly neighborhoods & relaxed environment. Here, people will discover comfort & charm in this welcoming neighborhood outside Azle, TX. Perfect for everyday living & surrounded by nearby restaurants, shopping & more. This current rental portfolio has five vacancies which the Professional Property Management Company has just Jan 2026 started marketing the vacancies (all but one). The current rental income generates over $150,000 gross annually. The majority of the properties are in very good condition and also occupied. Within this portfolio a prospective buyer can expect on of the properties in White Settlement to need renovation and another property in The Bay to need renovation. There are not any surveys available. The majority of the tenants are on month to month leases affording the new owner plenty of space to raise rents and lock in tenants with longer term leases. Some properties have fenced backyards and some do not. The majority of the properties have central heat and air. Some have had roof replacements and new ac units. This is the investment portfolio you have been waiting for!
Interior Features: Cable TV Available, Granite Counters, High Speed Internet Available, Walk-In Closet(s)
Other
General
Exclusions: Minerals, if any
Location
Subdivision Name: Norman Add
Tax Block: 3
Tax Lot: 5A
Parking
Parking
Parking Features: Covered, Garage
Schools
Elementary School
Elementary School: West
Utilities
Equipment
Cooling: Central Air
Heating: Central
Utilities: Cable Available, City Sewer, City Water
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 401 Hallvale Drive .
What schools are nearby to 401 Hallvale Drive ?
Nearby schools include the West Elementary School.
How does 401 Hallvale Drive compare to other multi-family homes in White Settlement?
This multi-family home is listed 406% above the average price for multi-family homes in White Settlement and has been on the market for 62 less days than the typical home in this area.
What building or home owners association is the multi-family home part of?
This multi-family home is in the NONE building.
401 Hallvale Drive is a -bedroom multi-family home for sale in White Settlement Texas 76108. Available on Prevu for 9 days at $2,400,000. This property is located in White Settlement. The median listing price for multi-family homes in this area is $250,000. Nearby schools include West Elementary School. Additional amenities include dishwasher, pets allowed, air conditioning, and parking. View other multi-family home listings in Texas.
Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.