$400,000 Price Analysis 332 Waters StMoran, 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 |
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 building here. Plus, a nice courtyrd area. 6 one bedroom units and 6 two bedroo m 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 fantastic 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
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 |
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.