130 Town St, Centerville, TX
Listed by Max Son, Real
Bedrooms
—
Bathrooms
—
Sq Ft
10,544
Year Built
2013
Lot Size
—
Type
Multi-Family
**** SAMPLE DATA **** Discover this one-of-a-kind investment opportunity in the Texas Triangle with this recently renovated 16-unit complex boasting 8.8% cap rate and $75k price per door that beat comps. $230k in renovations between 2018-2024, and there are still multiple opportunities to add value and substantially increase NOI! The property boasts two main buildings - 2013 build and 1988 build - with 8 units each, plus a freestanding clubhouse & laundry room, 32-car parking lot, a slab where 8 more units can be built, and 1.05 acre lot providing plenty of room for expansion. All units are identical 2 bed/1 bath with functional floorplan, allowing for easier management. The property has almost no competition in Centerville and is 100% occupied as a result! It is professionally managed and has great long-term tenants in place. Finally, this property boasts effective tax rate of only 0.55% (based on the tax appraisal value). **** SAMPLE DATA ****
Everything the MLS reports for this home.
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Estimated monthly payment
$7,670/ mo
Home price
$1,199,000
Assumes a 30-year fixed-rate loan, 0.35% annual homeowners insurance, and 0.5% PMI when LTV is above 80%. Property taxes are estimated at 1.1% of the list price (MLS tax amount not reported). Confirm with a loan officer before making an offer.
Asking price
$1,199,000
$1,199,000
10,544 sqft