White Settlement, TX 76108,8008 Wyatt Drive
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$2,604,900
Est. payment /mo
8,973 Sqft Lot
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Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Mc Donnell Add

MLS Listing ID 21160383

HOA Y/N None

Total Fin. Sqft 1290

Year Built 1958

Annual Tax Amount $4,486

Lot Size 8,973 Sqft

Acres 0.206

Property Sub-Type Multiple Single Units

Property Description

Residential Rental Property Portfolio For Sale which includes 20 single family residential homes five of which 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 15 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 $200,000 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!

Location

State TX

County Tarrant

Direction GPS

Interior

Interior Features Cable TV Available, High Speed Internet Available

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Ceramic Tile, Laminate

Appliance Dishwasher, Disposal

Heat Source Central

Exterior

Utilities Available Cable Available, City Sewer, City Water

Roof Type Composition

Garage No

Building

Lot Description Landscaped

Story One

Foundation Pillar/Post/Pier, Slab

Level or Stories One

Structure Type Brick,Frame

Schools

Elementary Schools West

Middle Schools Brewer

High Schools Brewer

School District White Settlement Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Teresa Von Illyes • AmeriPlex Realty, Inc.

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Stephanie Deeds

Stephanie Deeds

+1(817) 659-0980

Broker | License ID: 0619967

Broker License ID: 0619967

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8008 Wyatt Drive