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Property Attributes
- MLS#42883515
- TypeMulti-Family
- CountyWALKER
- CityHuntsville
- Area43
- Zip77340
- StyleMulti-Family
- Year Built2017
- Taxes$ 4928
- Price$ 575,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage7024
- Lot Size0.000046 Acres
Data Source:
Houston Association of REALTORS® (HAR)
Property Description
Unique Investment Opportunity! This established 8-unit multifamily property is located only minutes from Huntsville. It includes 5 mobile homes (2/1) and 3 site-built homes (2-2/2 & 1-2/1) on 2 acres of property with paved road frontage. Both the 2 bedroom/2 full bath homes were built in 2017 with the remaining units from the 1980s. All units are currently on community water, but there is also an existing well onsite. Three units utilize aerobic septic with the remaining 5 on conventional. The seller has been actively involved in maintaining the property, and there have been updates to many of the older units. There is strong rental demand in this area at this price point; units rent quickly. Do not miss this opportunity. Contact us today! MARKET HIGHLIGHTS: Huntsville, Texas offers an excellent quality of life and is home to Sam Houston State University (one of the fastest-growing universities in the state).
Elementary School | Middle School | High School |
---|---|---|
Estella Stewart Elementary School | Mance Park Middle School | Huntsville High School |
Price History | |
---|---|
6/23/2023 | Listed $575,000 |
General Features
Heating | Central Electric,Window Unit |
---|---|
Utilities | Cable,Electric,Satellite Dish,Water |
Roof | Other |
Energy | Ceiling Fans |
Gross Operating Income | 61161 |
Restrictions | None |
Occupancy | Rental,Under 10% Vacancy |
Full Baths | 2 |
Year Built | 2017 |
Subdivision | na |
Stories | 1 |
County | Walker |
Tax Rate | 1.594219 |
Property Type | Multi-Family |
Yearly Taxes | 4928 |
Tax Year | 2022 |
Income Net Operating | 53277 |
Status | Active |
Sub Type | 5 Plus |
Directions | From Houston: Follow IH 45 North to exit 102,Exit on FM 1375 towards SH 75,.5 mile turn left on SH 75N,5.3 miles turn right on FM 2296,7.4 miles turn right on US 190E,.8 mile turn right on Kalyn Rd., |
City | Huntsville |
Disclosures | No Disclosures |
School District | 64 - Huntsville |
Geo Market Area | Huntsville Area |
DOM | 357 |
Elementary School | ESTELLA STEWART ELEMENTARY SCHOOL |
Middle School | MANCE PARK MIDDLE SCHOOL |
Finance Available | Cash Sale,Conventional,Investor |
High School | HUNTSVILLE HIGH SCHOOL |
List Type | Exclusive Right to Sell/Lease |
Unit Total | 8 |
Interior Features
Unit Features | Window Coverings |
---|---|
Total Bedrooms | 2 |
Floors | Laminate |
Refrigerator | 1 |
Range | 1 |
Unit Count | 4 |
Sq Ft Total | 7024 |
Sq Ft Source | Seller |
Cool System | Central Electric,Window Units |
Total Baths | 2.00 |
Exterior Features
Siding | Aluminum,Other |
---|---|
Lot Size Source | Survey |
Lot Size | 2 |
Parking Unit | Two |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool