UPDATED:
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Active Option Contract
Purchase Type For Sale
Subdivision Inheritance Estates
MLS Listing ID 20788880
HOA Y/N None
Total Fin. Sqft 9423
Year Built 2003
Annual Tax Amount $19,330
Lot Size 6.000 Acres
Acres 6.0
Property Sub-Type Multiple Single Units
Property Description
Nestled on 6 beautifully treed acres, this rare investment property features a diverse mix of residential units, offering a stable and profitable income. With a total of 11 tenants and 100% occupancy, this property is a turnkey investment with significant upside potential.
The property includes:
• Four well-maintained duplexes, providing a total of eight rental units.
• Three residential houses, including:
• A 3-bedroom home,
• A 2-bedroom home,
• A 1-bedroom home.
Each unit is occupied by long-term tenants, ensuring reliable cash flow. The property is also graced by mature live oak trees, adding charm and beauty to the landscape with an additional empty lot space off First street.
This unique offering is perfect for investors seeking a stable, low-maintenance portfolio with substantial rental income potential. Whether you're an experienced investor or new to the market, this property promises both immediate returns and long-term growth in a highly desirable location.
Location
State TX
County Parker
Direction Start at 180 E Weatherford. Head East on 180 E, driving toward S. W. 10th St. Turn left onto S. W. 10th St. Turn left onto E. 3rd St. Your destination 910 E 3rd St will be on the right side.
Interior
Interior Features Cable TV Available, Pantry
Heating Electric
Cooling Electric
Flooring Concrete
Appliance Refrigerator
Heat Source Electric
Exterior
Garage Spaces 3.0
Carport Spaces 15
Fence Wood
Utilities Available Aerobic Septic, Electricity Connected, Well
Roof Type Composition,Metal
Total Parking Spaces 19
Garage Yes
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Brick,Metal Siding
Schools
Elementary Schools Seguin
Middle Schools Tison
High Schools Weatherford
School District Weatherford Isd
Others
Ownership Simpson
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Therese Johnson
Broker Associate | License ID: 0634934
Broker Associate License ID: 0634934