Multifamily For Sale

$249,000

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1205 N Columbia Street

  • – beds
  • – baths
  • – sqft
  • 10,454 sqft lot
  • 1998 build
  • on site

4 Home Bundle with 4 Trailers within Stephenville city limits on lots that are owned not leased. Rents on all 4 properties are $36,528 yr. This is a superb investment opportunity and owner financing is available. 483 & 485 W. Elm is a 2 bed 1 bath singlewide and 3bed 2 bath singlewide. 1250 N. Belknap is a 2 bed 2 bath singlewide. 1205 N. Columbia is a 3 bed 2 bath double wide. If your looking to invest in the Stephenville rental market, this is your chance. All buyers must have proof of funds before showing of any property for the inside are scheduled.

NTREIS logo Listing courtesy of NTREIS / PREFERRED PROPERTIES OF TEXAS

Last checked: Checking… • Last updated Feb 8, 2021 • Source: NTREIS

MLS# 14432013 —

Amenities & Taxes

The Building

Year Built:
1998
Area Source:
owner
Built Details:
Preowned
Construction:
other, siding
Roof:
Composition
Foundation:
Pier & Beam
SQFT Building:
6000
Number Of Units:
4
Stories in Building:
1
Handicap Accessible:
No

Interior

Interior Features:
Cable TV Available, High Speed Internet Available

Financial & Terms

Possession:
Closing/Funding
Capitalization Rate:
13.22

Location

Directions
Follow GPS to 485 & 483 W Elm St - 1250 N Belknap St - 1205 N Columbia St
Latitude:
32.228605
Longitude:
-98.209273
Subdivision Name:
Frey Add 01
MLS Area Major:
ERATH COUNTY (78)

The Property

Property Type:
Multi-Family
Property Sub Type:
MUL-Multiple Single Units
Lot Size Area:
0 Sqft
Lot Size Area:
10,454 Sqft
Lot Number:
9
Number of Buildings:
4
Complex Name:
TBD
Will Subdivide:
yes

Listing Agent

Contact info:

Taxes

Tax Legal Description:
S3500 FREY FIRST ADDITION BLOCK 17; LOT 9
Parcel Number:
R000031382
Unexempt Taxes:
$1,364

The Listing

Virtual Tour

Heating & Cooling

Heating:
Central Air-Elec, Central Heat-Elec

Utilities

Utilities:
City Sewer, City Water
Municipal Utility District
No

Appliances

Other Equipment:
Range/Oven-Electric

Schools

School District:
Stephenville ISD
Elementary:
Central
Junior High:
Stephenvil
Intermediate School:
Gilbert
High School:
Stephenvil

Parking

Parking Spaces:
8
Parking Features:
Area Assigned

Schools

Rating Details
7

Hook Elementary School

  • Public
  • 3-4
  • 0.6 mi
N/A

Central Elementary School

  • Public
  • K-K
  • 0.8 mi
N/A

Chamberlin Elementary School

  • Public
  • 1-2
  • 1.0 mi
4

Gilbert Intermediate School

  • Public
  • 5-6
  • 1.7 mi
6

Stephenville High School

  • Public
  • 9-12
  • 1.8 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

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