$400,000 Price Analysis   ♡   Moran, TX 76464 18 bed 12 bath 7,164 SqFt ($55/SqFt) 0.9 acre lot. Built 1967 Listed 2023-10-18, Taxes $150 | ✓ USDA Eligible near Moran, TX Restrictions may apply due to home size |
Cash flowing
* No Longer For Sale *
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Low maintenance, low expenses, turn key investment Here it is! All the heavy lifting has been done for you to enjoy monthly cash flows north of $5, 000 per month. There are a total of 6 duplexes and one laundry bulding here. Plus, a nice courtyard area. 6 one bedroom units and 6 two bedroom units. This investment is able to offer affordable rent prices that help keep the occupancy rate near 100%. All units have been updated with new flooring, paint and appliances. Each unit has individual electric meters. The leases include water, trash and sewer but average less than $40 per unit each month!
Laundry building provides another stream of income and the other side of the laundry building provides storage space for all the needed maintenance items. Each unit has central heat and air. You cant buy a single family or another duplex with these types of returns. With this one you get the exceptional returns and 12 doors so that rent is always coming in! Videos available.
Presented by Mark Costello at
The Costello Group.
Property MLS #20457957 from NTREIS
Electric Water Heater
Refrigerator
Heating Features: Electric
Corner Lot
Few Trees
Level
Lrg. Backyard Grass
Park View
Lot Description: .5 to < 1 Acre
Lot Size Acres: 0.9
Lot Size Square Feet: 39204
Calculated Total Monthly Association Fees: 0
Association Name: G & T
High School: Moran
Middle School: Moran
School District: Moran ISD
Map directionsSidewalks
County: Shackelford
Directions: From IH 20: Take exit 332 (Route 6) north for 20.1 miles. Left on E Post Oak Ave, Left on Waters St, property on right after post office.
Source Property Type: Residential Income
Insurance Expense: 4000
Source Neighborhood: MORAN OT
Parcel Number: 15511
Subdivision: MORAN OT
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $6,227 + $400 $6,627 | $150 |
| 2021 | $4,301 + $400 $4,701 | $114 |
| 2020 | $3,871 + $400 $4,271 | $107 |
| 2019 | $3,871 + $400 $4,271 | $106 |
| 2018 | $3,977 + $400 $4,377 | $114 |
| 2017 | $3,670 + $400 $4,070 | $107 |
| 2016 | $3,670 + $400 $4,070 | $110 |
| 2015 | $5,646 + $400 $6,046 | $142 |
| 2014 | $7,758 + $400 $8,158 | $174 |
| 2013 | $13,535 + $400 $13,935 | $311 |
| 2012 | $13,535 + $400 $13,935 | $310 |
| 2011 | $13,535 + $400 $13,935 | $301 |
| 2010 | $13,500 + $800 $14,300 | $301 |
| 2009 | $13,500 + $800 $14,300 | $299 |
$0
AppfolioUnits
Listing removed 2024-05-30
$450
NTREIS
Listed for rent 2024-04-15
$450
AppfolioUnits
Listing removed 2024-04-15
$0
AppfolioUnits
Listed for rent 2024-01-23
$450
AppfolioUnits
Listed for rent 2024-01-22
$450
NTREIS
Listing removed 2024-01-11
$450
NTREIS
Listing removed 2024-01-10
$0
AppfolioUnits
Listed for rent 2023-12-13
$450
AppfolioUnits
Listed for rent 2023-12-12
$450
NTREIS
Sold 2023-12-04
$0
NTREIS
Listed 2023-10-18
$400,000
NTREIS
Operating Expense Includes: Insurance, Maintenance, Utilities, Water/Sewer
Building Area Total: 7164
Construction Materials: Construction: Brick, Siding, Wood
Foundation Details: Slab
Levels: One
Property Age: 56
Roof: Composition
Year Built Details: Preowned
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.