332 Waters

Moran, TX 76464
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Sold
Sold
$370,001 - $420,000
Sold on December 04, 2023
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18 Bedroom(s)
12 Full Bath(s)
0.90 Lot Acres
Multi-Family - Duplex

Description

Cash flowing, low maintenance, low expenses, turn key investment… Here it is! All the heavy lifting has been done for you to enjoy monthly cash flows north of $5,000 per month! There are a total of 6 duplexes and one laundry building here. Plus, a nice courtyard area. 6 one bedroom units and 6 two bedroom units. This investment is able to offer very affordable rent prices that help keep the occupancy rate near 100%. All units have been updated with new flooring, paint and appliances. Each unit has individual electric meters. The leases include water, trash and sewer but average less than $40 per unit each month! Laundry building provides another stream of income and the other side of the laundry building provides storage space for all the needed maintenance items. Each unit has central heat and air. You can’t buy a single family or another duplex with these types of returns. With this one you get the great returns and 12 doors so that rent is always coming in! Videos available.

MLS#
NTREIS-20457957
Sold Price Range
$370,001 - $420,000
Listing Status
Sold
Address
332 Waters
City
State
TX
Zip Code
Subdivision
MORAN OT
Property Type
Multi-Family - Duplex
Bedroom
18 Bedroom(s)
Bath
12 Full Bath(s)
Stories
1
Year Built
1967 / Appraisal District
Lot Size
0.90 Lot Acres./Appraisal District

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick, Siding, Wood
Lot Description
Cleared, Corner Lot, Few Trees, Level, Lrg. Backyard Grass, Park View
Parking
Gravel, On Street
Fencing
None
Utility
City Sewer, City Water, Electricity Connected, Gravel/Rock, Overhead Utilities, Sidewalk, Underground Utilities

Interior

Floors
Luxury Vinyl Plank
Cooling
Electric
Heating
Electric
Appliances
Electric Range, Electric Water Heater, Refrigerator
Security System
Unknown

Lot information

Lot Size
0.90 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Community Features
Laundry, Sidewalks

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated May 18, 2024 at 02:58 PM
Listing last updated Dec 06, 2023 at 07:47 PM
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332 Waters, Moran, TX 76464. View photos, map, tax, nearby homes for sale, home values, school info...

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