105-112 Woodland Circle Cir, Crockett, TX 75835
- $1,750,000
- 2
- BD
- 1
- BA
- 1,944
- SqFt
- List Price
- $1,750,000
- Status
- ACTIVE
- MLS#
- 24250756
- Days on Market
- 1
- Year Built
- 1977
- Bedrooms
- 2
- Bathrooms
- 1
- Full-baths
- 1
- Living Area
- 1,944
- Lot Size
- 145,926
- Lot Size Source
- Appraiser
- Region
- 41
- Market Area
- Crockett Area
- County
- Houston
Property Description
Excellent investment opportunity in the Rolling Hills Neighborhood! This income-producing property features 24 rental units situated on approximately 3.35 acres. Each unit offers an identical floor plan featuring 2 bedrooms, 1.5 bathrooms, and a cozy fireplace. Exterior construction consists of a combination of brick and siding. Parking accommodations vary throughout the property, with some units offering carports and others featuring covered parking in the rear. Interior finishes include a combination of vinyl flooring and tile. All 24 units are currently rented, generating approximately $17,500 in monthly rental income and $210,000 annually in gross rental income. The owner has made updates and completed repairs as needed, and the units are in good overall condition. With established tenants, consistent rental income, and an attractive gross return, this property offers an excellent opportunity for investors looking to expand their portfolio!
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Additional Information
- Finance Available
- Cash, Conventional
- Taxes
- $23,343
- Neighborhood
- Crockett Area
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Stories
- 1
- Roof
- Composition
- School District
- Crockett
- Elementary School
- Crockett Elementary School (Crockett)
- Middle School
- Crockett Junior High School (Crockett)
- High School
- Crockett High School (Crockett)
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Listing courtesy of Lawrence Realty.