Listing provided courtesy of Weichert REALTORS, Team Realty- MLS# 21075304MLS ProviderContact Information: Beth Correll - (817) 220-4663

2764 W Highway 199Springtown, TX 76082

Multi-Family · 13 Beds · 6 Full Baths · 3,728 Sq. ft. | 1.00 Acres
$525,000 Active

2764 W Highway 199 Overview

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Welcome to this phenomenal piece of real estate. 1 acre of land featuring six rental income properties in a prime location right off Highway 199. This property boasts a total of six units: three one bedroom one bath homes, a duplex with each side offering one bedroom and one bath, and a spacious newly remodeled three bedroom one bath home. All properties are currently rented. Whether you're a seasoned investor or a first time buyer looking for passive income, this property has it all. Seller willing to owner carry with 25%​​‌​​​​‌​‌​​​​‌​​​‌‌​​​​ down.

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2764 W Highway 199 Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,728
  • Price/Sq.ft. $141
  • Lot 1.00 Acres

Details

General

Association/HOA

  • Association: No

School Information

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

Income/Expenses

  • Gross Income: 66000.0
  • Net Operating Income: 53844.0

Building Information

  • Year Built: 1972
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Parker
  • Postal City: SPRINGTOWN
  • Subdivision Name: T & Prr Co Abs 1392 Surv 115

Tax Information

  • Tax Annual Amount: 9148.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R000054452
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 6
  • Bathrooms Half: 0
  • Bathrooms Total: 6
  • Bedrooms Total: 13

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 3728.0

General Information

  • Appliances: Electric Range,Electric Water Heater,Vented Exhaust Fan
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet,Ceramic Tile,Laminate
  • Foundation Details: Pillar/Post/Pier,Slab
  • Interior Features: Eat-in Kitchen
  • Levels: One
  • Security Features: Smoke Detector(s)
  • Stories: 1

Exterior

Parking Information

  • Open Parking: Yes
  • Parking Features: Common,Open
  • Parking Total: 12.0

Lot Information

  • Lot Features: Cul-De-Sac,Few Trees
  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 43560.0
  • Lot Size Units: Acres
  • Number Of Buildings: 6
  • Water Source: Community/Coop,Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition,Metal

General Information

  • Carport: No
  • Number Of Units Total: 6
  • Pool Features: None
  • Sewer: Septic Tank
  • Utilities: Electricity Available,Septic Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 3 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 4 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 5 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 6 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

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.

2764 W Highway 199 Monthly Cost

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* 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.

2764 W Highway 199 Market Data

Based on the last 30 days in this zip code

$478,970
Average List Price
$224
Average Price per Square Foot
41
Properties Sold
148
Average Days on Market
343
Properties for Sale
Calculations provided by Reliance Network


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