301 E Cedar Street A, Lometa, TX

$125,000

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4

Beds

4

Baths

0.30

Acres

About 301 E Cedar Street A

OWNER FINANCING is available with 25% Down!! This is a TURNKEY INVESTMENT PROPERTY.... THERE ARE FOUR CABINS, with about 450 square foot each, and all are rented out and equipped with a fridge and range. It is possible someone could live in one unit while continuing to rent out the other 3. One cabin has been recently revamped. The cabins are two main rooms, each. One room - is a kitchen - living room, second room - is a bedroom and a full bath. They are heated and cooled with an energy-efficient Mini split and cabins are all electric. 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. Landlord pays water and sewer bill and garbage collection and is responsible for lawn care. Cabins are 10 years old but have had updates since.

Features of 301 E Cedar Street A

MLS® # 20786804
Price $125,000
Bedrooms 4
Bathrooms 4.00
Full Baths 4
Acres 0.30
Year Built 2014
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 301 E Cedar Street A
Subdivision Fulton
City Lometa
County Lampasas
State TX
Zip Code 76853-2287

Amenities

Utilities City Sewer, City Water, Electricity Connected, Gravel/Rock, Master Water Meter
Parking Spaces 4
Garages Gravel
Is Waterfront No
Pool On Property No

Interior

Interior Features Other
Heating Electric
Fireplace No

Exterior

Roof Metal
Construction Wood
Foundation Pillar/Post/Pier

School Information

District Lometa ISD
Elementary Lometa
Middle Lometa
High Lometa

Additional Information

Flooring Laminate
Net Income $13,600
Building Sqft 2,400
# Units 4

Listing Details

AgentDeryl Hoyt Jr
OfficeHoyt Real Estate
Contact Info325-205-0601

Listing Map

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