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$749,000   Price Analysis
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301 S 3rd St
Wortham, TX 76693
19 bed 10 bath 7,564 SqFt ($99/SqFt)
0.46 acre lot. Built 1980
Listed 2024-01-16, Taxes $3,630		✓ USDA Eligible
near Wortham, TX
 Restrictions may apply
due to home size

Calling all investors!

* No Longer For Sale *
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OWNER FINANCE AVAILABLE. This 10 unit apartment complex is an exceptional income producing property. With nine 2 bedroom, 1 bathroom and one 1 bedroom, 1 bathroom units all currently occupied except one of the 2 bedroom units. All units have been well maintained, each featuring a sizeable layout, kitchen appliances and good sized closets.

Additionally, you ll find plenty of parking for tenants and an open outdoor space with mature shade trees surrounding the property. Just minutes from downtown Wortham giving you easy access to restaurants, shopping and more. Dont miss your chance, take advantage of this opportunity and add this gem t your rental portfolio today!


Presented by Courtney Neiman at
Premier Realty Llc.
Listing Agent Photo

Property MLS #20512570 from NTREIS

Bedrooms: 19

Decorative Lighting
Flooring: Ceramic Tile, Linoleum

Dishwasher
Electric Cooktop
Electric Oven
Refrigerator

Cooling Features: Central Air
Heating Features: Central, Electric

Full Bathrooms: 10

Covered Patio/Porch

Lot Size Acres: 0.459
Lot Size Square Feet: 19994

Parking Features: On Site, Outside, Parking Lot

Association: No
Calculated Total Monthly Association Fees: 0
Association Name: Oak Ridge Apartments

Number of Buildings: 1

Elementary School: Wortham
High School: Wortham
Middle School: Wortham
School District: Wortham ISD

Wortham Middle School is a public middle school located approximately 0.3 miles away.
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Wortham High School is a public high school located approximately 0.3 miles away.
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Wortham Elementary School is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

Gross Income: 92413.00

Source Listing Status: Closed
County: Freestone
Directions: FOLLOW GPS DIRECTIONS FOR 619 S 3RD. From Dallas, take I-45 S, take exit 219A for TX-14 toward Richland-Mexia, Continue onto TX-14 S-Austin Ave and property will be on the right.
Source Property Type: Residential Income
Parcel Number: 24981
Property Subtype: Apartment
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2017$143,435 + $1,970
$145,405		$3,630
2016$143,435 + $1,970
$145,405		$3,499
2015$146,184 + $1,970
$148,154		$3,414
2014$146,184 + $1,970
$148,154		$3,473
2013$146,840 + $1,970
$148,810		$3,477
2012$146,390 + $1,970
$148,360		$3,336
2011$146,390 + $1,970
$148,360		$3,547
2010$135,250 + $1,970
$137,220		$3,176
2009$151,800 + $1,970
$153,770		$3,071
2008$147,640 + $1,970
$149,610		$3,084
2007$148,480 + $1,970
$150,450		$3,219

Sold 2024-04-03
$0
NTREIS
Price Changed 2024-02-12
$749,000
NTREIS
Listed 2024-01-16
$795,000
NTREIS
Sold 2022-11-08
$0
Public Record
Sold 2022-05-06
$0
Public Record

Net Operating Income: 54572

Total Square Feet Living: 7564
Year Built: 1980
Building Area Total: 7564
Construction Materials: Construction: Board & Batten Siding
Foundation Details: Slab
Levels: Two
Property Age: 44
Roof: Composition
Year Built Details: Preowned

Utilities: City Sewer, City Water, Electricity Connected

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.