205 Pate Orr Rd N, Keller, TX, 76248
About This Home
Exceptional investment opportunity in the highly sought-after Keller ISD! This fully leased and 100% occupied Quadplex features four townhome-style units, each offering two bedrooms, one-and-a-half bathrooms, a balcony from the Primary Bedroom upstairs for Unit B and Unit C AND a private fenced backyard for all unit with a covered patio. This property also has shared off street parking with two parking spaces per unit. Each thoughtfully designed unit includes a welcoming living room with a wood-burning fireplace, kitchen with breakfast area, half bathroom downstairs and a washer and dryer utility closet on the first floor. Two bedrooms and a full bathroom are located upstairs. Every unit also features central HVAC, an individual water heater, and separate utility meters, with tenants responsible for all utilities. Situated on an oversized .38-acre cul-de-sac lot with a dedicated parking area, the property is conveniently located next to Keller High School and just off Keller Parkway. Its desirable Keller location provides easy access to area schools, I-820, I-35, the city of Keller, Southlake, Fort Worth, DFW International Airport, shopping, dining, and major employment centers. With strong occupancy, tenant-paid utilities, private outdoor spaces, and an excellent location, this turnkey multifamily asset is a valuable addition to any investment portfolio. CANCELLED. - Property under contract, there will be no public OPEN HOUSE on Saturday August 8th, please do not disturb the tenants..
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1984
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Disposal,Refrigerator
Features
- High Speed Internet
- Flooring: Carpet,Ceramic Tile,Luxury Vinyl Plank,Other
- Number of fireplaces: 4
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Ceiling Fan(s),Electric
Interior Area
- Total structure area: 3,878
- Total interior livable area: 3,878 sqft
Property
Details
- Parcel number: 05073162
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: Wood
Lot
- Lot size: 0.38 Acres
Parking
- Total spaces: 8
- Parking features: Common,Open
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Heat Wave
- Tornado
- Cold Wave
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,842 | $46,104 |
| Home Insurance * | $464 | $5,568 |
| Property Taxes | $1,125 | $13,500 |
| Electricity | $425 | $5,109 |
| Total | $5,856 | $70,272 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-17 | Pending sale | $759,900 |
| 2026-08-14 | Listed for sale | $759,900 |
| 2026-08-05 | Contingent | $759,900 |
| 2026-07-30 | Listed for sale | $759,900 |
| 2021-11-29 | Sold | -- |
| 2021-10-28 | Pending sale | $685,000 |
| 2021-10-23 | Listed for sale | $685,000 |
| 2021-10-05 | Contingent | $685,000 |
| 2021-10-01 | Listed for sale | $685,000 |
| 2020-01-29 | Listing removed | $1,075 |
| 2019-12-02 | Price change | $1,075 |
| 2019-11-19 | Listed for rent | $1,095 |
| 2019-10-14 | Listing removed | $1,095 |
| 2019-10-10 | Price change | $1,095 |
| 2019-10-01 | Listed for rent | $1,175 |
| 2019-04-25 | Listing removed | $1,050 |
| 2019-04-14 | Price change | $1,050 |
| 2019-03-29 | Price change | $1,095 |
| 2019-03-14 | Price change | $1,149 |
| 2019-03-08 | Listed for rent | $1,150 |
| 2017-11-03 | Listing removed | $950 |
| 2017-10-26 | Price change | $950 |
| 2017-09-01 | Price change | $995 |
| 2017-08-28 | Listed for rent | $1,050 |
| 2017-01-27 | Listing removed | $1,025 |
| 2017-01-16 | Listed for rent | $1,025 |
For Sale by Agent
View on Zillow