$1,375,000
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3 Beds
1 Bath
12.48 Acres Lot
SOLD DATE : 10/29/2021
Key Details
Property Type Multi-Family
Sub Type Multiple Detached Dwellings
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 17611057
Sold Date 10/29/21
Bedrooms 3
Full Baths 1
Year Built 1968
Annual Tax Amount $627
Tax Year 2020
Lot Size 12.480 Acres
Property Description
A real opportunity to purchase clean, well maintained rental units near Huntsville and Sam Houston State University. The property consist of seven tracts of land containing a total of 12.01 acres. Improvements consist of a 5 unit apartment building, five duplexes and one single-family residence. The rental properties are located at the northwest corner of McAdams Lane & FM 247 (City of Huntsville) and the northwest corner of Pine Hollow Lane & FM 247 (Huntsville ETJ). The units were built in the 60's, 70's and 90's and owned by the same Family since built. There is undeveloped acreage for future expansion on the north and south side of McAdams Lane. The Pine Hollow Lane property consist of three duplexes and one vacant .47 acre lot. The apartments are all occupied except for one that is being cleaned at this time on McAdams Lane.
Location
State TX
County Walker
Area Huntsville Area
Interior
Heating Central Electric
Cooling Central Electric
Flooring Carpet, Laminate, Tile
Exterior
Utilities Available Electric, Gas, Water
Roof Type Composition
Parking Type Carport Parking
Building
Lot Description Cleared
Story 2
Lot Size Range 10 Up to 15 Acres
Structure Type Brick,Wood
New Construction No
Schools
Elementary Schools Huntsville Elementary School
Middle Schools Mance Park Middle School
High Schools Huntsville High School
School District 64 - Huntsville
Others
Restrictions None
Tax ID 13874
Energy Description Ceiling Fans
Acceptable Financing Cash Sale, Conventional
Tax Rate 1.9384
Disclosures Sellers Disclosure
Listing Terms Cash Sale, Conventional
Financing Cash Sale,Conventional
Special Listing Condition Sellers Disclosure
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Bought with White Ivy Real Estate
13276 Research Blvd, Suite # 107, Austin, Texas, 78750, United States