409 N Avenue D Waelder, TX 78959
Estimated payment $348/month
Highlights
- A-Frame Home
- Cooling Available
- Vinyl Flooring
- No HOA
- Space Heater
About This Home
Prime Investment Opportunity – Multi-Family Gem with Endless Potential! Don’t miss out on this incredible investment property! This charming multi-family home, built in 1950, offers two distinct living spaces, perfect for generating rental income or multi-generational living. The lower-level unit features 2 spacious bedrooms and 1 bath, providing a comfortable and inviting space with plenty of natural light. Upstairs, you’ll find a separate efficiency apartment with its own private entrance—ideal for additional rental income, an in-law suite, or a home office setup. Outside, the expansive yard offers multiple possibilities! Whether you envision a cozy outdoor BBQ area, a split backyard for tenant privacy, or even space for a tiny home, this property is bursting with potential. Even better—the neighboring home is also available! This is a rare opportunity to own two adjacent properties, maximizing your investment potential. Live in one, rent the others, or create a larger income-producing portfolio in a prime location. Located in a desirable neighborhood, this multi-family home is a must-have investment with incredible income-generating opportunities. Whether you're a seasoned investor or looking for a home that pays for itself, this property is a rare find! Schedule your showing today and seize this unbeatable opportunity!
Listing Agent
RE/MAX First Shot Brokerage Phone: (830) 519-4132 License #0734692 Listed on: 02/21/2025
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,985
Year Built
- Built in 1950
Parking
- No Garage
Home Design
- A-Frame Home
- Pillar, Post or Pier Foundation
- Metal Roof
- Stucco
Interior Spaces
- 1,040 Sq Ft Home
- Property has 2 Levels
- Vinyl Flooring
- Electric Range
- Electric Dryer Hookup
Utilities
- Cooling Available
- Space Heater
Additional Features
- 8,276 Sq Ft Lot
- City Lot
Community Details
- No Home Owners Association
- 2 Units
- Waelder Blocks Subdivision
Listing and Financial Details
- Legal Lot and Block 1-2 / 12
- Assessor Parcel Number 16291
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,985 | $136,060 | $24,430 | $111,630 |
| 2023 | $1,478 | $95,930 | $3,790 | $92,140 |
| 2022 | $1,605 | $86,060 | $3,790 | $82,270 |
| 2021 | $1,558 | $72,930 | $3,790 | $69,140 |
| 2020 | $1,527 | $72,060 | $2,920 | $69,140 |
| 2019 | $1,661 | $72,030 | $2,920 | $69,110 |
| 2018 | $1,459 | $64,120 | $2,920 | $61,200 |
| 2017 | $1,425 | $64,120 | $2,920 | $61,200 |
| 2015 | -- | $64,280 | $2,920 | $61,360 |
| 2014 | -- | $64,280 | $2,920 | $61,360 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Price Changed | $54,000 | -8.5% | $52 / Sq Ft |
| 07/08/2025 07/08/25 | Price Changed | $59,000 | -9.2% | $57 / Sq Ft |
| 06/05/2025 06/05/25 | Price Changed | $65,000 | -13.3% | $63 / Sq Ft |
| 04/22/2025 04/22/25 | Price Changed | $75,000 | -11.8% | $72 / Sq Ft |
| 02/21/2025 02/21/25 | For Sale | $85,000 | -- | $82 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Jean Peterek Burns | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $573,750 | New Conventional |
Source: Central Texas MLS (CTXMLS)
MLS Number: 570766
APN: 16291
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
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Copyright 2025 Central Texas MLS, All Rights Reserved.
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