Sour Lake, TX 77659 555 HWY 326
$1,490,000
23 more
Presented By: RE/MAX ONE;
Home Details
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!
Presented By: RE/MAX ONE;
Interior Features for 555 HWY 326
Bedrooms
Total Bedrooms3
Bathrooms
Total Baths2.00
Other Interior Features
Microwave1
Unit Count1
Sq Ft Total10592
Sq Ft SourceBuilder
Cool SystemCentral Electric
Dishwasher1
Disposal1
FloorsVinyl
General for 555 HWY 326
Census Tract302
CitySour Lake
CountyHardin
DOM29
DirectionsFrom Beaumont, take Hwy 105 West to Sour Lake. Take left on to Hwy 326 and property is on your left a couple blocks down
DisclosuresSellers Disclosure, Tenant Occupied
Elementary SchoolSOUR LAKE ELEMENTARY SCHOOL
EnergyCeiling Fans
Fee Other
Finance AvailableCash Sale, Conventional
Full Baths2
HeatingCentral Electric
High SchoolHARDIN-JEFFERSON HIGH SCHOOL
List TypeExclusive Right to Sell/Lease
Maintenance Fee Y/N
Middle SchoolHENDERSON MIDDLE SCHOOL (HARDIN JEFFERSON)
Misc FeaturesPrivate Entry, Washer/Dryer Connections
New Construction0
OccupancyUnder 10% Vacancy
Property TypeMulti-Family
RestrictionsOther
RoofComposition
School District163 - Hardin-Jefferson
StatusActive
Stories2
Sub Type5 Plus
SubdivisionElectric Add
Tax Rate1.9996
Tax Year2024
Unit Total8
Year Built2022
Yearly Taxes21997
Exterior for 555 HWY 326
Front Door FacesWest
Lot DescriptionCorner
Parking DescriptionGarage Parking, Paved Area
Parking UnitOne
SidingBrick, Cement Board, Stone
Additional Details
Price History
Schools
High School
Hardin-Jefferson High School
Elementary School
Sour Lake Elementary School
Middle School
Henderson Middle School (Hardin Jefferson)
Jeffrey Whitespeare
Founder/Owner