$875,000
For Sale

83 Roots Road

Martindale, TX 78655
2788 sqft | 3.00 acres | #7572048
Browse 29 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Rare turn key investment property! Income producing mobile home park for sale: total of three acres with 6 units. With no restriction or zoning, this 100% occupied property is at 7.5% Cap Rate! This low maintenance cash flow property is located minutes away from Toll 130 & IH-35 and nearby big franchises. Surveys for each parcel available. Even with gross income of $8294 monthly, there's room for higher income to meet the market!

  • Interior Details
      • InteriorCeiling Fans, MainLevelPrimary, Open Floorplan
  • Property Details
      • Lot DescriptionCleared, Open Lot, Few Trees
      • Exterior MaterialsPrivate Yard
      • ViewPond, Rural
    • Measurements
      • Square Feet2788
      • Acres3
    • Parking
      • Parking Spaces6
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1972
    • Material information
      • FoundationPillar Post Pier
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Water Connected
      • Sewer InformationSeptic Tank
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionN/A
    • Location
      • School DistrictSan Marcos ISD
      • Middle SchoolDoris Miller
      • High SchoolSan Marcos
      • Elementary SchoolCrockett
      • CountyCaldwell
  • Financial Details
      • Original List Price$920,000
      • Taxes Annual$3,669
      • Days on Market (Cumulative)407
  • Restrictions
      • Pets1
  • Other
      • MLS #7572048

Location

16 Agents Online Now
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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