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2764 W Highway 199 6 Unit Apartment Building $525,000 ($87,500/Unit) Springtown, TX 76082
Executive Summary
Welcome to this phenomenal piece of real estate. 1 acre of land featuring six rental income properties in a prime location right off Highway 199. This property boasts a total of six units: three one bedroom one bath homes, a duplex with each side offering one bedroom and one bath, and a spacious newly remodeled three bedroom one bath home. All properties are currently rented. Whether you're a seasoned investor or a first time buyer looking for passive income, this property has it all. Seller willing to owner carry with 25% down.
Property Facts
| Price | $525,000 | Building Class | C |
| Price Per Unit | $87,500 | Lot Size | 0.95 AC |
| Sale Type | Investment | Building Size | 5,092 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1972 |
| Apartment Style | Garden | ||
| Zoning | none - not zoned | ||
| Price | $525,000 |
| Price Per Unit | $87,500 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.95 AC |
| Building Size | 5,092 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1972 |
| Zoning | none - not zoned |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Roof Terrace
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 3+1 | 1 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | R000054452 | Improvements Assessment | $335,000 |
| Land Assessment | $80,000 | Total Assessment | $415,000 |
Property Taxes
Parcel Number
R000054452
Land Assessment
$80,000
Improvements Assessment
$335,000
Total Assessment
$415,000
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Contact the Sale Advisor
2764 W Highway 199