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Listing provided courtesy of Hoyt Real Estate- MLS# 20786804MLS ProviderContact Information: Deryl Hoyt Jr - 325-205-0601

301 E Cedar Street #ALometa, TX 76853

Multi-Family · 4 Beds · 4 Full Baths · 2,400 Sq. ft. | 0.30 Acres
$139,000 Active

301 E Cedar Street #A Overview

Visits:
3

OWNER FINANCING is available with 25% Down!! This is a TURNKEY INVESTMENT PROPERTY.... THERE ARE FOUR CABINS, with about 450 square foot each, and all are rented out and equipped with a fridge and range. It is possible someone could live in one unit while continuing to rent out the other 3. One cabin has been recently revamped. The cabins are two main rooms, each. One room - is a kitchen - living room, second room - is a bedroom and a full bath. They are heated and cooled with an energy-efficient Mini split and cabins are all electric. There is enough room to build more units on the property. Property is located very near the heart of Lometa and not far from the school. Landlord pays water and sewer bill and garbage collection and is responsible for lawn care. Cabins are 10 years old but have had updates since.

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301 E Cedar Street #A Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,400
  • Price/Sq.ft. $58
  • Lot 0.30 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Lometa ISD
  • Elementary School: Lometa
  • Middle Or Junior School: Lometa
  • High School: Lometa

Income/Expenses

  • Gross Income: 21000.0
  • Insurance Expense: 1800.0
  • Net Operating Income: 13600.0

Building Information

  • Year Built: 2014
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Lampasas
  • Postal City: LOMETA
  • Subdivision Name: Fulton

Tax Information

  • Tax Annual Amount: 909.0

General Information

  • Parcel Number: 6964
  • Property Type: Residential Income
  • Senior Community: No

Interior

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 4

Building Interior

  • Building Area Source: Owner
  • Building Area Total: 2400.0

General Information

  • Appliances: Electric Range,Electric Water Heater,Refrigerator
  • Basement: No
  • Flooring: Laminate
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Other
  • Levels: One
  • Stories: 1

Unit Information

  • Unit Number: A

Exterior

Parking Information

  • Parking Features: Gravel
  • Parking Total: 4.0

Lot Information

  • Lot Size Acres: 0.303
  • Lot Size Area: 0.303
  • Lot Size Square Feet: 13198.68
  • Lot Size Units: Acres
  • Number Of Buildings: 4
  • Road Surface Type: Gravel
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Wood Siding
  • Roof: Metal

General Information

  • Number Of Units Total: 4
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Sewer Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 1 Bedroom
  • Units Total: 4

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

301 E Cedar Street #A Market Data

Based on the last 30 days in this zip code

$339,507
Average List Price
$185
Average Price per Square Foot
0
Properties Sold
390
Average Days on Market
31
Properties for Sale
Calculations provided by Reliance Network


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