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604 N 3rd St 3 Unit Apartment Building Offered at $1,443,300 at a 13.97% Cap Rate Haskell, TX 79521
Executive Summary
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Kitchen
- Tub/Shower
Site Amenities
- 24 Hour Access
About 604 N 3RD ST , HASKELL, TX 79521
?? Investor Financial Snapshot – 17-Unit Complex 604 N 3rd St and 1107 N 10th St, Haskell TX 79521 Property Overview Total Units: 17 Buildings: 3 Asking Price: $1,443,300 Income Summary Monthly Rental Income Total Monthly Income: $16,800 Annual Gross Income $201,600 Expense Summary (Annual) Water: $12,000 Insurance: $8,000 Property Taxes: $6,000 Management: $6,000 Total Annual Expenses $32,000 Net Operating Income (NOI) [ \text{NOI} = 201,600 - 32,000 = \mathbf{169,600} ] Return on Investment (Cap Rate) [ \text{Cap Rate} = \frac{169,600}{1,443,300} = \mathbf{11.75%} ] Key Highlights Strong 11.75% cap rate at asking price Stabilized income with diversified rent mix Low operating expenses relative to gross income Attractive cash-flow opportunity under $1.5M
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | 852 |
Property Taxes
| Parcel Number | R03355 | Improvements Assessment | $87,110 |
| Land Assessment | $3,500 | Total Assessment | $90,610 |
Property Taxes
Presented by
604 N 3rd St
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