Homes for sale - 555 HWY 326 #Units 1-8, Sour Lake, TX 77659

Sour Lake, TX 77659,555 HWY 326 #Units 1-8

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Julie Sanders

julie@setxproperties.com +1(409) 781-7990

$1,490,000

Est. payment - /mo

10,592 SqFt

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UPDATED:

11/22/2024 10:36 PM

Key Details

Property Type Condo

Sub Type Pkg. House/Condo

Listing Status Active

Purchase Type For Sale

Square Footage 10,592 sqft

Price per Sqft $140

Subdivision Tx

MLS Listing ID 253579

Annual Tax Amount $21,494

Property Description

Incredible investment opportunity with great cap rate in this FULLY OCCUPIED 8 unit complex! Only 2 years young in Hardin-Jefferson School District. Currently generating $12,400/month gross income. (that's almost $150,000 income per year!) Tenants cover their own utility payments. Each unit is identical: 1,324 sq ft, 3 bedrooms, 2 ½ bathroom, 1 car garage plus driveway parking for 2 more, primary suites have fully tiled shower/walk in closet/double sink vanity, has their own water and electric meters, comes with laundry appliances (washer & dryer), stainless kitchen appliances, granite countertops, kitchen island, and covered back patio. Just minutes to Hardin Jefferson school. Tax and insurance costs on file to calculate your return on investment. Because this property is only 2 years old, your maintenance costs will be little to none!

Location

State TX

Area Sour Lake

Interior

Heating Central Electric

Cooling Central Electric

Exterior

Exterior Feature Fenced Area, Private Patio

Roof Type Composition Shingle

Building

Story Two

Foundation Slab

Sewer City Sewer, City Water, Separate Meters

Water City Sewer, City Water, Separate Meters

Structure Type Brick/Veneer,HardiPlank,Stone

Schools

School District Hardin-Jeff. Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Listed by RE/MAX ONE

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Julie Sanders

+1(409) 781-7990

Broker Associate / Owner | License ID: 597725

Broker Associate / Owner License ID: 597725

555 HWY 326 #Units 1-8 Sour Lake, TX 77659

Julie Sanders

Julie Sanders

Key Details

Location

Interior

Exterior

Building

Schools

Others

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