555 Hwy 326

Sour Lake, TX 77659
$1,490,000
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
      • Bedrooms:3
      • Bathrooms:2
      • Full Baths:2
      • Lot description:Corner Lot
      • Exterior materials:Private Entrance
      • Square Feet:10592
      • Property type:Multi-Family
      • Year built:2022
      • Subdivision:Electric Add
      • School district:163 - Hardin-Jefferson
      • Elementary School:SOUR LAKE ELEMENTARY SCHOOL
      • Middle School:Henderson Middle School (Hardin Jefferson)
      • High School:HARDIN-JEFFERSON HIGH SCHOOL
      • County:Hardin
      • Taxes annual:$21, 997
      • MLS #:62460080
      • Cost:1490000
      • Property subtype:Multi Family, 5 Plus
      • MLS #:62460080

Location

Agent DozierCOLDWELL BANKER REALTY
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6.0%

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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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