Description
***triplex***turnkey rental property***income producing***
if you are looking to add to your portfolio, then take a look at this oversized, cash flowing property boasting 4,188 square feet over 3 units. this triplex was renovated in 2022 (including roof) and since then the property has had updated plumbing, electrical, paint, made up to code for tenants to lease and many more updates that have receipts. unit 512 has all new vinyl plank flooring throughout and a completely new bathroom, including shower, tub, vanity and toilet. units 510 and 514 are currently leased and unit 512 was just renovated and is now listed for lease. all units combined leased for $4,100 when fully occupied. there is also room to increase rents going forward. unit 510 (1,087 square feet) has 2 beds and 2 baths with an attached carport. unit 512 is the largest unit at 1,775 square feet. this unit has 3 traditional bedrooms and 2 large living areas (the previous tenant used the second living area as a 4th bedroom with its huge closet) and 1 larger bathroom. unit 514 (1,245 square feet) has 2 bedrooms and 1 bathroom and has a more open floorplan. there are 3 covered parking spaces and 3 additional uncovered parking spaces. each unit has an assigned covered and uncovered parking space. the backyard is massive and has plenty of room to add additional units for future growth, as it has access to the road. due to the property only having 1 water meter, the owner has been paying for water, sewage and trash. this can be solved by installing separate submeters and then having tenants paying for all utilities. tenants pay for electric and internet. there is a community park and community pool within walking distance right across highway 80. the listing agent is also the owner.
Property Type
Residential IncomeCounty
Van ZandtStyle
Residential IncomeAD ID
49184390
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 8
Bathroom Information
- Total Baths: 4
- Full Baths: 4
Interior Features
- Built-in Features,Cable TV Available,Eat-in Kitchen,Granite Counters,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)
Appliances
- Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater
Utilities
- Asphalt,Cable Available,City Sewer,City Water,Electricity Connected
Cooling Features
- Ceiling Fan(s),Central Air,Electric
Heating Source
- Electric
-
Exterior Features
Building Information
- Built Year: 1973
- Building Area Total: 4,188
- Construction: Concrete,Siding
- Roof Type: Composition,Shingle
Exterior Features
- Covered Patio/Porch
Foundation
- Slab
Security Features
- Smoke Detector(s)
Patio And Porch
- Covered
Fencing
- None
Construction Materials
- Concrete,Siding
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 0.6370
- Lot Size Units: Acres
- Lot Size Square Feet: 27747.7200
- Lot Size Source: Assessor
- Lot Features: Few Trees,Landscaped,Lrg. Backyard Grass
Property Information
- Property Type: Residential Income
- Property Sub Type: Triplex
- Subdivision: R13381
- City: Grand Saline
- State: Texas
- Directions: See GPS
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $450,000
Listing Information
- Possession: Closing/Funding
-
Taxes / Assessments
Tax Information
- Parcel Number: R000013381
- Tax Legal Description: ACRES: 0.636 ABST: 46 SUR: SAM BELL
- Unexempt Taxes: $13,026
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 6
- Parking Features: Additional Parking,Attached Carport,Carport,Concrete,Covered,Detached Carport,Driveway,No Garage
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Grandsalin
- Middle School: Grandsalin
- High School: Grandsalin
- Intermediate School: Grandsalin
- School District: Grand Saline ISD
Utility Information
- Utilities: Asphalt,Cable Available,City Sewer,City Water,Electricity Connected
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
BuyOwner last updated this listing 04/21/2025 @ 15:14
- MLS: 453218649
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Home, with 8 bedrooms which is for sale, it has 0 sqft, 1 sized lot, and 0 parking. are nearby neighborhoods.