$175,000

301 Cedar St Unit A Lometa, TX 76853

Estimated payment $1,004/month

Total Views 5,314
4 Beds
4 Baths
2,400 Sq Ft
$73 Price per Sq Ft

Highlights

  • 1-Story Property
  • Wood Siding
  • Heating Available

About This Home

This is a TURNKEY INVESTMENT PROPERTY.... There are 4 cabins, of which 3 have tenants now! The 4th cabin has just been revamped and is ready to rent. The cabins are two rooms each. There is a kitchen - living room, a bedroom and a full bath. They are heated and cooled with a Mini split and they are all electric. Each unit has a porch. 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.

Listing Agent

Deryl Hoyt

Hoyt Real Estate Brokerage Phone: 325-205-0601 License #0523929 Listed on: 11/27/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $909

Year Built

  • Built in 2014

Lot Details

  • 0.3 Acre Lot

Parking

  • Gravel Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Laminate Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Lometa Elementary School
  • Lometa High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 16
  • Assessor Parcel Number 6964

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • 2,400 Sq Ft Building
  • Fulton Subdivision

Building Details

  • Gross Income $21,000
  • Net Operating Income $13,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$909

Year Built

Built in 2014

Lot Details

0

Listing Details

  • OWNERNAME: 2020 D & H
  • Property Type: Residential Income
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 325-205-0601
  • CapRate: 7.77
  • Co List Office Mls Id: SSHRE
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 2014

Interior Features

  • Interior Amenities: Other
  • Flooring: Laminate
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction Materials: Wood Siding
  • Pool Features: None
  • RoadSurfaceType: Gravel

Garage/Parking

  • Cooling System: Wall Unit(s)
  • Parking Features: Gravel

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Utilities: Electricity Connected, Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Lometa
  • High School: Lometa
  • Junior High Dist: Lometa ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.303
  • Parcel Number: 6964
  • Lot Size Acres: 0.303
  • Lot Size Sq Ft: 13198.68

Building Info

  • Year Built: 2014
  • Units Total: 4
  • SeniorCommunityYN: No

Multi Family

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

Tax Info

  • TaxBlock: 16
  • Tax Lot: 1
  • Tax Annual Amount: 909.0

MLS Schools

  • MiddleOrJuniorSchool: Lometa

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 For Sale $175,000 -- $73 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20786804

North Texas Real Estate Information Systems (NTREIS)
Texas Lampasas County Lometa 76853

301 Cedar St Unit A, Lometa, TX

This home is located at 301 Cedar St Unit A, Lometa, TX 76853 and is currently priced at $175,000, approximately $72 per square foot. This property was built in 2014. 301 Cedar St Unit A is a home located in Lampasas County with nearby schools including Lometa School and Williams House.

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Listing Agent
Deryl Hoyt
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Hoyt Real Estate
(737) 321-4822