404 N Business Highway 78

Blue Ridge, TX 75424

$2,590,000
Price
36
Beds
17,304 Sq. Ft.
$150 / Sq. Ft.
17,304
Sq. Ft.
$150
per Sq. Ft.
a front view of a house with a yard and large trees
a front view of a house with a garden and parking space
a view of an empty room
a view of empty room with wooden floor
a view of an empty room with wooden floor and a window
a upper view of a kitchen with sink and dishwasher
a view of a small space
a bathroom with a sink a toilet and shower
a view of an empty room with a window
a view of a living room

Description

Great Multi Family property built in 2021. This two story, townhome duplex community is owner built and managed and is 100% leased. There are a total of 12 units, each offering 3 bedrooms, 2 and half bathrooms and 2 living areas. The open floorplan, 9 ft ceilings and the beautiful finishes on this property, combined with the country feel of a small town makes this a highly desired place to live. Its location is close to churches, schools, shopping, as well as convenient access to major highways....Great Multi Family property built in 2021. This two story, townhome duplex community is owner built and managed and is 100% leased. There are a total of 12 units, each offering 3 bedrooms, 2 and half bathrooms and 2 living areas. The open floorplan, 9 ft ceilings and the beautiful finishes on this property, combined with the country feel of a small town makes this a highly desired place to live. Its location is close to churches, schools, shopping, as well as convenient access to major highways. Each unit is individually metered for all utilities and the property consist of 2 Parcels #R11648-000-0010-1 & R11648-000-0020-1. The kitchen offers plenty of cabinet apace, granite counters and an island which making prep work a breeze. The primary suite is downstairs and boast a massive shower, dual vanities, and a custom walk-in closet. The half bath is conveniently located under the stairs for ease of access. The upstairs offers 2 additional bedrooms, a full bath as well as a 2nd living area that is perfect for homework, a play room, or simply relaxing and watching TV. Each townhome has a large covered front porch, as well as a covered back porch and a small fenced yard, perfect for those weekend BBQ's. This is your chance to own this highly desired townhome community with a prime location and strong rental demand. Don't miss out on this investment opportunity. Schedule your showing today!
  1. Listed by Kala Hope • TREC #0671097 • JPAR North Metro • 972-836-9295

Property Details for 404 North Business Highway 78

Subdivision Name
Bowling Place
Pool
No
Garage Spaces
0
Number Of Parking Spaces
24
LISTING UPDATED: 11/13/2025 08:10 AM

Property Details for 404 North Business Highway 78

StatusActive
MLS #21111475
Days on Market82
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built2021
Lot Size0.93 AC / 40,510 SF
CountyCollin County

Location

Listing Courtesy of JPAR North Metro, Kala Hope
Add your commute

Building Information for 404 North Business Highway 78

Stories2Residences12Year Built2021Building Size-Lot Size0.93 AC / 40,510 SF

Payment Calculator

$14,643 per month

30 year fixed, 6.15% Interest

Principal and Interest

$12,623

Property Taxes

$2,020

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 404 North Business Highway 78

Summary
Location and General Information
  • Complex Name: Bowling Lane
  • Directions: See GPS
  • Elementary School: Blueridge
  • Elementary School Name: Blueridge
  • High School: Blueridge
  • High School Name: Blueridge
  • Intermediate School: Blueridge
  • Middle School: Blueridge
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Blue Ridge ISD
  • Geocode Confidence: High
  • Latitude: 33.30
  • Longitude: -96.40
  • State: Texas
Parking
  • Parking Features: Additional Parking, Assigned, Concrete, Driveway, Parking Pad, Paved, Side By Side
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: BOWLING PLACE (CBL), LOT 1 & Lot 2
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: 1&2
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Laminate, Luxury Vinyl Plank
  • Heating: Central, Electric
  • Interior Features: Cable TV Available, Double Vanity, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Basement: No
  • Cooling: Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Fiber Cement, Siding
  • Exterior Features: Covered Patio/Porch
  • Fencing: Back Yard, Fenced, Wood
  • Foundation Details: Pillar/Post/Pier, Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Waterfront: No
  • Horse Permitted: No
  • Number Of Units Total: 12
  • Levels: Two
Property
Utilities
  • Green Energy Efficient: 12 inch+ Attic Insulation, Appliances, Construction, Low Flow Commode
  • Utilities: Cable Available, City Sewer, City Water, Community Mailbox, Concrete, Electricity Available, Electricity Connected
Property and Assessments
  • Accessory Unit: No
  • Financing Proposed: Cash, Contact Agent, Conventional
  • Concessions YN: No
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Lot Features: Cleared, Cul-De-Sac, Few Trees, Interior Lot, Level, Subdivision
  • Lot Size: .5 to < 1 Acre
  • Lot Size Acres: 0.93
  • Lot Size Area: 0.93
  • Lot Size Units: Acres
  • Lot Size Square Feet: 40510.8
  • Multi Parcel ID: Yes
  • Parcel Number: R1164800000101
  • Parcel Number 2: R1164800000201
  • Lake Pump: No
Green Features
  • Green Water Conservation: Efficient Hot Water Distribution
Multi Family
Multi-Family Information
  • Number Of Buildings: 6
  • Capitalization Rate: 6.46%
  • Gross Annual Expenses: $3,250
  • Gross Annual Income: $226,850
  • Insurance Expense: $7,729
  • Tenancy: Over 9 Months, Pet Restrictions, Pets Allowed
  • Total Annual Expenses Include: Accounting, Insurance, Maintenance, Maintenance Grounds, Pest Control, Supplies
  • Net Operation Income: $167,379.00
Unit 1
  • Approximate SQFT: 1442.0
  • Average Lease Amount: $1,650.00
  • Dining Area Length: 8.0
  • Dining Area Width: 10.0
  • Kitchen Length: 13.0
  • Kitchen Width: 14.0
  • Living Area Length: 13.0
  • Living Area Width: 14.0
  • Master Bed Length: 12.0
  • Master Bed Width: 14.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 12

Property History for 404 North Business Highway 78

DateEvent & SourcePriceAppreciation
Nov 12, 2025

Listed (Active)

NTREIS #21111475

$2,590,000—
Nov 1, 2025

Expired

NTREIS #20912418

—
Aug 20, 2025

Price Change

NTREIS #20912418

$2,590,000—
Jun 17, 2025

Price Change

NTREIS #20912418

$2,950,000—
Apr 18, 2025

Listed (Active)

NTREIS #20912418

$3,300,000—
DateEvent & SourcePrice
11/12/2025

Listed (Active)

NTREIS #21111475

$2,590,000
11/01/2025

Expired

NTREIS #20912418

—
08/20/2025

Price Change

NTREIS #20912418

$2,590,000
06/17/2025

Price Change

NTREIS #20912418

$2,950,000
04/18/2025

Listed (Active)

NTREIS #20912418

$3,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 404 North Business Highway 78

Taxable ValueLand$80,978Additions$1,079,052Total$1,160,030
Tax Record2024$24,246 ($2,020 / month)
Home Facts
Total Finished SqFt8,652 SqFtAbove Grade Finished SqFt8,652 SqFtStories2Lot Size20,244 SqFtStyleDuplexYear Built2021CountyCOLLINAPNR-11648-000-0010-1

Schools near 404 North Business Highway 78

This home is within Blue Ridge Independent School District.
Rating
School
Type
Grades
Distance
Blue Ridge Elementary School
Public - PK to 5
Blue Ridge Middle School
Public - 6 to 8
Blue Ridge High School
Public - 9 to 12
Rating
School
Distance
Blue Ridge Elementary School
PublicPK to 5

Blue Ridge Middle School
Public6 to 8

Blue Ridge High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 404 North Business Highway 78, Blue Ridge, TX 75424

404 North Business Highway 78 is a multi-family home for sale in Blue Ridge, TX 75424. This property was listed for sale on November 12, 2025 by JPAR North Metro, it's currently listed at $2,590,000. This listing's school district is Blue Ridge Independent School District. Nearby schools include Blue Ridge Elementary School, Blue Ridge Middle School and Blue Ridge High School. 404 North Business Highway 78 is a 36-bed, 24-bath, 17,304 sqft multi-family home built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JPAR North Metro, Kala Hope

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 11/13/2025 08:10 AM