1431 & 1429 N Bluegrove Road, Lancaster, Texas 75134

$440,000
6
BD
List Price
$440,000
Price Change
▼ $10,000 1670634661
MLS#
20176871
Status
ACTIVE
Type
Multifamily
Year Built
1982
Construction Status
Preowned
Bedrooms
6
Full Baths
4
Acres
0.19
County
Dallas
City
Lancaster
Subdivision
Brook Meadows 01
Building Name
N/A

Property Description

INVESTORS DREAM! This adorable, immaculately maintained, income generating FULL DUPLEX is located in a HOT rental hub in Lancaster, TX with no HOA and easy access to many major restaurants, banks, gas stations and grocery stores nearby. Both units are currently leased and total rent per month is $3,075. Each unit has spacious 3 bedrooms, 2 full bathrooms, carport for 2 cars, separate central AC & heating, water heater, washer-dryer hookup and separate utility meters. Seller has a survey. Several photos of 1431 N Bluegrove Rd are from 2020, when it was last vacant. Please do not disturb tenants. Tenants are responsible for all utilities & mowing. You will see that this is a solid turnkey investment calling your name!

Additional Information

Unexempt Taxes
$4,398
HOA
No HOA
Annual Insurance
1718
Total Annual Expenses
Insurance, Other
Gross Annual Expenses
6116
Gross Annual Income
36900
Lot Size
8,402
Acres
0.19
Subdivided
No
Interior Features
Cable TV Available
Flooring
Carpet, Ceramic Tile
Foundation
Slab
Roof
Composition, Shingle
Stories
1
Street Utilities
All Weather Road, City Sewer, City Water, Community Mailbox, Electricity Connected, Individual Water Meter, Sidewalk
Heating Cooling
Central, Electric
Exterior
Private Yard, Storage
Construction Material
Brick, Wood
Carport Spaces
4
Parking Garage
2-Car Single Doors, Carport, Garage Faces Rear
Total Num Parking
4
School District
Lancaster Isd
Elementary School
Houston
Middle School
Lancaster
High School
Lancaster
Possession
Closing/Funding, Subject to Lease
Building Sq. Ft.
2272
Number of bldgs.
1
Number of units
2
Occupancy Rate
100
Possession
Closing/Funding, Subject to Lease
Cap Rate
7

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Susan Daniel from Beam Real Estate, LLC. Contact: 972-484-6644