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83 Roots RD,  Martindale TX, 78655

(Active)
$875,000
|
2,788 sqft
|
MLS# 7572048
Last Updated: 5/18/2024 1:57 PM
Description for 83 Roots RD Martindale, TX 78655
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!
Price
$875,000
N/A
Caldwell
2,788 (approx)
7572048
Active
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!
Listing Information
Property Type: Fourplex, Multi-Family, 1 Story
3 Acres 2,788 (approx) 1972
Yes-6 spaces 1 Vinyl siding
N/A
Pillar/Post/Pier
Public
Septic Tank
Electricity Available, Water Connected
Neighborhood
School Information
Crockett Doris Miller San Marcos
Room Information
Interior Features
Electric Water Heater
Laminate
Ceiling Fan(s)
Other, See Remarks
See Remarks
Ceiling Fan(s), Open Floorplan
Exterior / Lot Features
6 Garage Spaces, Outside, Varies by Unit, See Remarks
Vinyl
See Remarks
Composition, Shingle
Other, Pond
Private Yard, Cleared, Few Trees, Open Lot
Community Features
See Remarks
Driving Directions
From I35S, turn left onto TX-80S/E Hopkins St. Turn left onto W Ridge Rd then onto Ridge Loop. Turn left onto Roots Rd.
Financial Considerations
28365
$3,670
Cash, Conventional
Listing Price History

Martindale Real Estate

Martindale is located in Texas. Martindale, Texas 78655 has a population of 1,229.

The median household income in Martindale, Texas 78655 is $61,074. The median household income for the surrounding county is $58,447 compared to the national median of $66,222. The median age of people living in Martindale 78655 is 35 years.

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Courtesy: Land Up Realty & Investments, (512) 655-2807
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS
This content last refreshed on 5/18/2024 1:57 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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