$175,000

301 Cedar St Unit A Lometa, TX 76853

Estimated payment $1,150/month

Total Views 3,686
4 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2014

Lot Details

  • 0.3 Acre Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Laminate Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Schools

  • Lometa Elementary And Middle School
  • Lometa High School

Utilities

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

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 1 / 16
  • Assessor Parcel Number 6964
  • $909 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Single Units
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 13600
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 72.91667
  • Attribution Contact: 325-205-0601
  • Special Features: None
  • 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

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction Materials: Wood

Garage/Parking

  • Cooling System: Wall Unit(s)
  • Number Of Parking Spaces: 4
  • Parking Features: Gravel

Utilities

  • Heating: Electric
  • Utilities: City Sewer, City Water, Electricity Connected, Gravel/Rock, Master Water Meter

Condo/Co-op/Association

  • Complex Name: Lometa Cabins
  • Association Type: None

Schools

  • School District: Lometa ISD
  • Elementary School: Lometa
  • Middle School: Lometa
  • High School: Lometa
  • School District: Lometa ISD
  • Elementary School: Lometa

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.3030
  • Parcel Number: 6964
  • Lot Size Acres: 0.3030
  • Lot Size Sq Ft: 13198.6800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

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

Multi Family

  • Gross Annual Expenses: 5580.00
  • Gross Annual Income: 21000.00
  • Insurance Expense: 1800
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 909
  • TaxBlock: 16
  • Tax Lot: 1

MLS Schools

  • Middle School Name: Lometa
  • Elementary School Name: Lometa
  • High School Name: Lometa

Map

Range of Values:

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Average Value
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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 -- --
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)