Listing provided courtesy of Turnkey Realty LLC- MLS# 21135250MLS ProviderContact Information: Jordan Barton - 325-430-2411

217 2nd StreetCross Plains, TX 76443

Multi-Family · 5 Beds · 4 Full Baths · 3,120 Sq. ft. | 0.32 Acres
$230,000 Active

217 2nd Street Overview

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Income-Producing Duplex Portfolio - 4 Units - Cash Flowing Located at 217 Southeast 2nd Street in Cross Plains, this well-positioned two-building, four-unit duplex complex presents a compelling opportunity for investors seeking immediate cash flow with long-term upside. The property consists of two separate duplex buildings, offering operational flexibility and reduced risk through unit diversification. All four units are currently cash flowing, making this a true turnkey investment from day one. Recent improvements include minor updates to the HVAC systems, enhancing efficiency and reliability, as well as newer appliances throughout the units—helping to reduce near-term capital expenditures and support tenant retention. The layout and configuration appeal to long-term renters, while the separate building setup provides potential advantages for future value-add strategies, individual building disposition, or refinancing options. Highlights for Investors: Two buildings - four total units - duplex configuration Currently cash flowing Updated HVAC components Newer appliances Low-maintenance asset with stabilized income Strong fit for buy-and-hold or portfolio expansion This is an excellent opportunity to acquire a stabilized multifamily asset in a solid rental market, offering both immediate income and long-term appreciation potential.

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217 2nd Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,120
  • Price/Sq.ft. $74
  • Lot 0.32 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Cross Plains ISD
  • Elementary School: Cross Plains
  • Middle Or Junior School: Cross Plains
  • High School: Cross Plains

Income/Expenses

  • Gross Income: 29400.0
  • Insurance Expense: 2500.0
  • Net Operating Income: 19400.0

Building Information

  • Year Built: 2018
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Callahan
  • Postal City: CROSS PLAINS
  • Subdivision Name: Central - Cp

Tax Information

  • Tax Annual Amount: 3256.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: R014030
  • Property Sub Type: Duplex
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 3120.0

General Information

  • Appliances: Electric Range,Refrigerator
  • Flooring: Laminate
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Eat-in Kitchen,High Speed Internet
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Common,Driveway
  • Parking Total: 8.0

Lot Information

  • Lot Size Acres: 0.321
  • Lot Size Area: 0.321
  • Lot Size Square Feet: 13982.76
  • Lot Size Units: Acres
  • Number Of Buildings: 2
  • Water Source: Public

Waterfront/View

  • Waterfront: No

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

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.

217 2nd Street 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.

217 2nd Street Market Data

Based on the last 30 days in this zip code

$263,430
Average List Price
$180
Average Price per Square Foot
1
Properties Sold
80
Average Days on Market
13
Properties for Sale
Calculations provided by Reliance Network


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