3 bedroom, 1 bath home built in 1959. Home has been updated with new roof in 2019, vinyl double-paned windows, kitchen cabinets and backsplash, exterior paint, and laminate floors in public areas. Bedrooms are carpeted. Single-car garage. Owner willing to contribute $3000 towards closing costs. Schools are Lee Elementary, Clack Middle School and Cooper High School. Home has been leased and market rents for nearby rentals suggest a monthly rent of $775. Estimating 92% occupancy, insurance at 1% of purchase price, $800 per year for repairs, and using 2019 published taxes, this house would generate an 8.8% cap rate.
Asphalt, City Sewer, Curbs, MUD Water
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Listing information last updated on August 22nd, 2019 at 6:15am CDT.