$725,000 Price Analysis    ♡   Morgan, TX 76690 16 bed 10 bath 99,752 SqFt ($7/SqFt) Built 2000 Listed 2024-07-18, Taxes $1,928 | ✓ USDA Eligible near Morgan, TX Restrictions may apply due to home size |
For Sale: Prime 3-Duplex Portfolio with Expansion Potential Unlock an incredible investment opportunity with this well-maintained portfolio of three duplexes
Read y for their next owners! Each unit offers a strong rental history and is strategically located in Morgan, Texas. This property comes with ample land to build an additional 10+ units, significantly nhancing your cap rate and maximizing your investment potential.
Whether you're a seasoned investor or looking to expand your real estate portfolio, this is a rare chance to capitalize on a growing market. Dont miss out on the opportunity to increase your returns with additional development. Contact us today to schedule a viewing!
Presented by Kyle Weissler at
EG Realty.
Property MLS #224378 from Waco
Full Bathrooms: 10
Heating Features: Central
Heating: Yes
Calculated Total Monthly Association Fees: 0
High School District: Morgan ISD
Middle or Junior School District: Morgan ISD
Map directionsBedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 3
Bedrooms in Unit-6: 3
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 2
Total Bathrooms in Unit-6: 2
Tenant Pays: Electricity, Sewer, TrashCollection, Water
Tax Block: 28
Source Listing Status: Active
County: Bosque
Directions: Head southwest on Washington Ave toward N 23rd St, Turn left at the 1st cross street onto N 23rd St, Turn right at the 2nd cross street onto Franklin Ave, Pass by O'Reilly Auto Parts, Turn right onto W Hwy 6, Take the ramp on the left onto Hwy 6 N, Merge onto Hwy 6 N, Pass by Dairy Queen, Turn right onto W Morgan, Turn left onto TX-174 N, Turn right onto Louise St
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: Morgan
Parcel Number: R30140
Postal City: Morgan
Subdivision: Morgan
Property Subtype: MultiFamily
Lot Number: 1-10
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $103,364 + $3,750 $107,114 | $1,928 |
| 2021 | $109,141 + $2,250 $111,391 | $2,121 |
| 2020 | $75,644 + $2,250 $77,894 | $1,562 |
| 2019 | $68,773 + $2,250 $71,023 | $1,470 |
| 2018 | $68,773 + $1,750 $70,523 | $1,387 |
| 2017 | $68,773 + $1,750 $70,523 | $1,353 |
| 2016 | $59,080 + $1,750 $60,830 | $1,109 |
| 2015 | $58,881 + $1,750 $60,631 | $1,072 |
| 2014 | $58,881 + $1,750 $60,631 | $1,049 |
| 2013 | $59,556 + $1,750 $61,306 | $1,051 |
| 2012 | $59,556 + $1,750 $61,306 | $1,052 |
| 2011 | $59,556 + $1,750 $61,306 | $1,033 |
| 2010 | $77,240 + $1,750 $78,990 | $2,129 |
| 2009 | $77,240 + $1,750 $78,990 | $1,293 |
| 2008 | $77,240 + $1,750 $78,990 | $1,287 |
| 2007 | $78,820 + $1,750 $80,570 | $1,313 |
$725,000
Waco
Sold 2023-02-27
$0
Public Record
Building Area Source: Appraiser
Building Area Total: 99752
Construction Materials: Brick, Frame, WoodSiding
Property Age: 24
Roof: Composition
Levels or Stories: 2
Building Total Stories: 2
SewerAvailable
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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.