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315 Merrill Avenue

Duncanville, TX 75116

$625,000 Pending

4 units · 1955

Units4
Building area5,229 sq ft
Year built1955
Gross income$63,000/yr
Cap rate10.08% as listed
Parking5 spaces
Lot size0.275 acres
TypeQuadruplex

What it costs to own

Taxes$15,779 per year
HOANone listed
Insurance$4,500 per year — as listed
Net operating income$63,000 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

*BRAND NEW ROOF*. Excellent opportunity! Featuring a total of 9 bedrooms and 5 bathrooms across spacious units that have been updated and cared for. Unit A - 4 Bed 2 Bath 2,032 SQFT at $1,975 per month & Lease ends June 2027. Unit B -2 Bed 1 Bath 793 SQFT at $1400 per month & Lease ends May 2027. Unit C - 3 Bed 2 Bath 1,677 SQFT at $1800 per month & Lease ends September 2027. Each unit offers generous, renovated living space, making it highly attractive for long-term tenants. The property includes a large detached garage with electrical already in place, providing the strong opportunity to convert into the potential additional unit(s) for more rental income. Multifamily properties like this are increasingly rare, making this a standout opportunity for investors looking to expand their portfolio and generate cash flow. Your chance to seize a high-demand asset in a growing rental market. Water and gas are paid by Owner. Electric is paid by Tenants.

The details

HeatingCentral, Natural Gas
CoolingCentral Air, Electric
FlooringLuxury Vinyl Plank, Tile
AppliancesMicrowave
Interior featuresDecorative Lighting
Fireplace1 · Brick

Construction materialsFrame, Siding, Wood
RoofShingle
FoundationPillar/Post/Pier, Slab

Lot featuresCorner Lot
FencingWood
Water sourceCity Water
SewerCity Sewer

SubdivisionMerrill Meadows

ElementaryCentral
Middle schoolReed
High schoolDuncanville
DistrictDuncanville ISD

Gross income$63,000 per year
Insurance$4,500 per year
Cap rate10.08% — as listed
Net operating income$63,000 per year

MLS #21157933
Source
On the market270 days
CountyDallas

Around this home

One moment…

Everyday life

Nearest groceryKroger · 0.5 mi
Nearest parkMemorial Park · 0.2 mi

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Listing courtesy of Competitive Edge Realty LLC — Melissa Hernandez.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21157933. Information last updated October 19, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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