$1,900,000
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10,574 SqFt
SOLD DATE : 03/06/2024
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 10,574 sqft
Price per Sqft $151
MLS Listing ID 456649
Sold Date 03/06/24
Style Other
Construction Status Resale
HOA Y/N No
Year Built 1970
Lot Size 6.626 Acres
Acres 6.626
Property Description
ADD to your portfolio, HOLD for future development or LIVE on the property while cash flowing - the choice is yours!!! This 6.5 acre property located *just* outside the city limits, therefore, in the ETJ and unrestricted consists of 2 single family homes and 3 duplexes. For a total 8 units and an annualized cash flow of $149k, you can't go wrong. This property is 1 mile from TXST, views of the Stadium and Old Main are visible, and is also adjacent to Elevation Apartments on Post Rd. Easily accessible to IH-35 via Post Rd or Aquarena, the location and size alone will always retain value. This property is professionally managed and recent updates include: well improvements, all units have been repainted on the interior, major landscaping, septic improvements, freshly paved road and more. **Opportunity Zone**
Location
State TX
County Hays
Interior
Interior Features See Remarks
Heating Other, See Remarks
Fireplaces Type Other, See Remarks
Fireplace No
Appliance Other, See Remarks
Laundry Other, See Remarks
Exterior
Carport Spaces 3
Fence Other, See Remarks
Pool None
Utilities Available Other, See Remarks
View Y/N Yes
Water Access Desc Private,Well
View Other
Roof Type Composition,Shingle
Accessibility Other, See Remarks
Building
Story 1
Entry Level One
Foundation Slab
Sewer Septic Tank
Water Private, Well
Architectural Style Other
Level or Stories One
Construction Status Resale
Schools
School District San Marcos Cisd
Others
Tax ID R12067
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Monica Malorgio • McNabb & Company Real Estate S
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "