- 3 beds
- 2 baths
- 2,236 sqft
- ~2 acre lot
- $313 per sqft
- 1960 build
- – on site
$5,840 in Monthly Rental Income – Turnkey Multi-Unit Investment on 2 Acres! Unlock immediate cash flow with this rare, income-producing property in Greenville generating $5,840 month in rental income. Set on just over 2 acres, this unique setup offers multiple revenue streams and long-term upside, making it a standout opportunity for savvy investors or those seeking flexible living arrangements.The main residence includes 3 generously sized bedrooms and 2 full bathrooms, accompanied by two attached 1-bedroom, 1-bath units perfect for rental income, extended family, or guest use. A second detached home adds even more value with 3 bedrooms and 3 bathrooms, creating additional leasing options or owner-occupant potential. For added income or versatility, the property also features a fully equipped RV pad with an RV that conveys with the sale, ideal for short-term stays or traveling tenants.With all units currently tenant-occupied and producing consistent income, this property is a plug-and-play investment that checks all the boxes for cash flow, land, and future appreciation. Full rent roll breakdown available in the updates PDF in Transaction Desk. Don’t miss your chance to own this high-yield, multi-dwelling property with endless possibilities!
Last checked:
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Last updated Jun 17, 2025
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MLS# 20971151 —
The Building
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Year Built:1960
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Year Built Details:Preowned
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Architectural Style:Traditional
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Structural Style:Single Detached
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Patio And Porch Features:Deck
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Accessibility Features:No
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Roof:Composition, Shingle
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Basement:No
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Foundation Details:Slab
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Levels:One
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Construction Materials:Siding
Interior
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Interior Features:Cable TV Available, High Speed Internet Available
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# of Dining Areas:1
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# of Living Areas:1
Room Dimensions
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Living Area:2236.00
Location
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Directions:From Highway 380, North on County Road 1118, the East on County Road 1152
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Latitude:33.14805200
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Longitude:-96.24275400
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:Yes
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Parcel Number:237557
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Lot Features:Acreage
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Lot Size:1 to < 3 Acres
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Lot Size SqFt:89123.7600
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Lot Size Acres:2.0460
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Lot Size Area:2.0460
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Lot Size Units:Acres
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Easements:Utilities
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Restrictions:Unknown Encumbrance(s)
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Fencing:Metal
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Exterior Features:Rain Gutters
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Other Structures:Second Residence, Other
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:2
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Tax Legal Description:S2149 AUSTIN ADDITION LOT 2 ACRES 2.046
Beds
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Bedrooms Total:3
Baths
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Total Baths:2.00
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20971151
Heating & Cooling
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Heating:Central, Electric
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Cooling:Ceiling Fan(s), Central Air, Electric, Window Unit(s)
Utilities
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Utilities:City Water, Septic
Appliances
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Appliances:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
Schools
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School District:Bland ISD
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Elementary School:Bland
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Elementary School Name:Bland
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Middle School Name:Bland
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High School Name:Bland
The Community
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Subdivision Name:Austin Add
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Pool:No
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Association Type:None
Parking
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Garage:No
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Attached Garage:No
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Parking Features:Driveway
Monthly cost estimate

Asking price
$700,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,748
|
Taxes | N/A |
Insurance | $192 |
Utilities | $191 See report |
Total | $4,131/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.