555 Hwy 326
Sour Lake, TX 77659
10592 sqft | 3 beds | 2 baths | #62460080
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!
Property Details
- Middle SchoolHenderson Middle School (Hardin Jefferson)
- High SchoolHARDIN-JEFFERSON HIGH SCHOOL
- Elementary SchoolSOUR LAKE ELEMENTARY SCHOOL
- School District163 - Hardin-Jefferson
- Property SubtypeMulti Family, 5 Plus
- Exterior MaterialsPrivate Entrance
- Property TypeMulti-Family
- SubdivisionElectric Add
- Lot DescriptionCorner Lot
- MLS #62460080
- MLS #62460080
- Taxes Annual$21,997
- Cost1490000
- CountyHardin
- Square Feet10592
- Year Built2022
- Bedrooms3
- Bathrooms2
- Full Baths2
Location
Legal
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Last Updated: . Source: HARMLS
Listing Courtesy
Listing Agent: John Arcana (#Jarcana)
Listing Office: RE/MAX ONE (#RMBT01)
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