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Investment Highlights

  • Central Location
  • Downtown Taylor Location
  • Ideal for Corporate Housing
  • On-site Parking

Executive Summary

This meticulously maintained dual-property compound at 312 and 314 West 3rd Street presents a versatile investment opportunity in a prime location. Currently operated as a vacation rental, these two residential assets are being offered together as a turnkey package. Both properties have been thoughtfully updated to provide modern efficiency while preserving their classic character, making them an ideal acquisition for a short-term rental portfolio, a multi-generational estate, or a unique corporate housing solution.
The interiors of both residences feature expansive ten foot ceilings and a sophisticated blend of original long-leaf pine and tile flooring. The kitchens and bathrooms are equipped with upgraded soft-close cabinetry, ensuring a high-quality experience for owners and guests alike. For added value and convenience, both homes are being sold fully furnished.
Operational efficiency is a hallmark of this compound. Each home is outfitted with tankless on-demand hot water systems, and 314 West 3rd includes solar-shield roof decking to optimize energy performance. The exterior features a unique "connected" layout with a custom patio walkway and large wooden gates that allow the private cedar-fenced yards to function as a single massive compound or two separate lots.
Infrastructure and storage are well-addressed with a detached one-car garage at 312 West 3rd and a heavy-duty Tuff-Shed at 314 West 3rd. This rare offering provides the flexibility to live in one home while generating income from the other, or to manage both as a premier hospitality asset.

Property Facts

Price $549,000
Price Per Unit $274,500
Sale Type Investment
No. Units 2
Property Type
Multifamily
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Single-Family Home
Lot Size 0.32 AC
Building Size 1,920 SF
No. Stories 1
Year Built 1925
Parking Ratio 3.13/1,000 SF
Zoning P5 - P5: Urban Center Higher intensity mixed-use areas. Accommodates retail, offices, hotels, and residential; buildings are set close to wide sidewalks

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Stainless Steel Appliances
  • Yard
  • Lawn
  • Patio

Site Amenities

  • Fenced Lot
  • Storage Space
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 - 860
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
  • Listing ID: 40093244

  • Date on Market: 4/9/2026

  • Last Updated:

  • Address: 314 W 3rd St, Taylor, TX 76574

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