Address
104 E Brown Street, Lipan, TX
Price
$ 415,000
Property Attributes
- MLS#20618416
- TypeMulti-Family
- CountyHOOD
- CityLipan
- Zip76462
- StyleQuadruplex
- Year Built2000
- Taxes$ 6662
- Price$ 415,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Lot Size0.19 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
PRICE TO SELL! Prime Income Investment Opportunity! 4 Well-Appointed Units each with 2 Bedrooms & 1 Bathroom each at Approx. 800 Square Feet Providing Ample Space for Tenants. This Property is Centrally Located Between Granbury, Stephenville, Mineral Wells, & Weatherford for Tenants to Commute to Fort Worth if needed. With Various Surrounding Towns for Employment & Amenities, & Located in Exceptional Lipan ISD this Property will be Well Sought After by Tenants. This Quadplex Offers an Exceptional Investment Opportunity. Property is currently being Managed by Local, Reputable Property Management Company, Ensuring Hassle-Free Ownership for Investors. If First Time Investor, this Property would be a Great Start on Building Your Investment Portfolio or a Great Asset to Add to an already Established Investor's Portfolio. Don't Miss Out On This Opportunity!
| Elementary School |
|---|
| Lipan Elementary School |
| Price History | |
|---|---|
| 5/18/2024 | Listed $415,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Complex Name | N/A |
| Cooling | Ceiling Fan(s),Central Air,Electric |
| Utilities | City Sewer,City Water |
| Possession | Negotiable |
| Roof | Composition |
| Appliances | Dishwasher,Electric Oven,Electric Range |
| School District | Lipan ISD |
| Capitalization Rate | 10.00 |
| Exclusions | Tenants personal belongings |
| Year Built | 2000 |
| Tenancy | Month to Month,Over 9 Months |
| Levels | Two |
| Unexempt Taxes | 6662 |
| Will Subdivide | No |
| Gross Annual Expenses | 4698.00 |
| Property SubType | Quadruplex |
| Subdivision Name | None |
| Insurance Expense | 2562 |
| Occupant Type | Tenant |
| County | Hood |
| Property Type | Residential Income |
| Security Features | Smoke Detector(s) |
| Construction Materials | Brick,Siding |
| Year Built Details | Preowned |
| Accessory Unit Type | Accessory Dwelling Unit (ADU) |
| HOA Type | None |
| Special Notes | Aerial Photo |
| # of Buildings | 4 |
| Status | Active |
| Directions | GPS Friendly |
| City | Lipan |
| Buyer Agent Compensation | 3 |
| Elementary School Name | Lipan |
| High School | Lipan |
| Elementary School | Lipan |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20618416 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | High Speed Internet Available |
|---|---|
| Flooring | Carpet,Tile,Vinyl |
| Occupancy Rate | 75 |
| Total Units | 4 |
| Full Baths | 4 |
| Lock Box Type | Combo |
| Total Bedrooms | 8 |
| Total Baths | 4 |
Exterior Features
| Exterior Features | Covered Patio/Porch,Lighting |
|---|---|
| Lot Features | Level |
| Parking Features | Open |
| Foundation | Slab |
| Lot Size Area | 0.1900 |
| Number Of Parking Spaces | 10 |
| Lot Size Units | Acres |
| Building Area Total | 2890.00 |
| Lot Size Square Feet | 8276.4000 |
| Lot Size Acres | 0.1900 |
| Patio And Porch Features | Covered |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 76462
Price
Taxes
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jon and Jason - Lucky 13 Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas
