- ERA
- Texas
- White Settlement
- 401 Hallvale Drive
401 Hallvale Drive, White Settlement, TX 76108
Local realty services provided by:ERA Courtyard Real Estate
Listed by: teresa von illyes
Office: ameriplex realty, inc.
MLS#:21160292
Source:GDAR
Price summary
- Price:$2,400,000
- Price per sq. ft.:$1,714.29
About this home
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!
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Home facts
- Year built:1968
- Listing ID #:21160292
- Added:12 day(s) ago
- Updated:February 03, 2026 at 12:51 PM
Rooms and interior
- Living area:1,400 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1968
- Building area:1,400 sq. ft.
- Lot area:0.24 Acres
Schools
- High school:Brewer
- Middle school:Brewer
- Elementary school:West
Finances and disclosures
- Price:$2,400,000
- Price per sq. ft.:$1,714.29
- Tax amount:$3,797
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