UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,720 sqft
Subdivision Lakeview
MLS Listing ID 21106146
Bedrooms 3
Full Baths 3
HOA Y/N None
Year Built 1950
Annual Tax Amount $1,863
Lot Size 0.258 Acres
Acres 0.258
Property Sub-Type Single Family Residence
Property Description
Don't miss this rare investment opportunity featuring a front duplex and an above-garage apartment on one spacious lot. Located in a desirable area of Connally ISD, this property offers three total units with excellent income potential. Each unit offers its own private entrance and parking, giving tenants privacy and convenience.
One updated unit is currently occupied, providing immediate cash flow, one unit is being cleaned and prepared to rent, while the third unit is vacant and ready for updates. The garage space below the apartment in the back can be converted to a fourth unit. It's the perfect chance to add value and boost returns. The seller's profit in the last ten years has been over $100,000.
Situated close to local parks, retail centers, dining, and entertainment, this property appeals to renters seeking both comfort and location. With strong rental demand and easy access to major roads, it's an ideal option for investors, 1031 exchanges, or owner-occupants looking to offset their mortgage with rental income.
Opportunities like this don't come around often—schedule your showing today and explore the potential this versatile, income-producing property has to offer!
Location
State TX
County Mclennan
Direction 35E. West on Craven Ave. Turn right on North Lakeview Dr.
Rooms
Dining Room 1
Interior
Interior Features Eat-in Kitchen
Heating Other
Cooling Window Unit(s)
Flooring Carpet, Luxury Vinyl Plank, Vinyl
Appliance Gas Range, Gas Water Heater
Heat Source Other
Exterior
Garage Spaces 2.0
Utilities Available City Sewer, City Water, Individual Gas Meter, Individual Water Meter
Roof Type Shingle
Garage Yes
Building
Story Multi/Split
Foundation Pillar/Post/Pier
Level or Stories Multi/Split
Schools
Elementary Schools Connally
High Schools Connally
School District Connally Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21106146
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