83 Roots RD, Martindale TX, 78655
(Active)
$919,900
|
2,788 sqft
|
MLS# 7572048
Last Updated: 4/27/2024 10:48 PM
Description for
83 Roots RD
Martindale, TX 78655
Rare turn key investment property! Income producing mobile home park for sale: total of three acres with 6 units. With no restriction or zoning, this 100% occupied property is at 7.5% Cap Rate! This low maintenance cash flow property is located minutes away from Toll 130 & IH-35 and nearby big franchises. Surveys for each parcel available. Even with gross income of $8294 monthly, there's room for higher income to meet the market!
Price
$919,900
N/A
Caldwell
2,788 (approx)
7572048
Active
Description
Rare turn key investment property! Income producing mobile home park for sale: total of three acres with 6 units. With no restriction or zoning, this 100% occupied property is at 7.5% Cap Rate! This low maintenance cash flow property is located minutes away from Toll 130 & IH-35 and nearby big franchises. Surveys for each parcel available. Even with gross income of $8294 monthly, there's room for higher income to meet the market!
Listing Information
| Property Type: Fourplex, Multi-Family, 1 Story | ||
| 3 Acres | 2,788 (approx) | 1972 |
| Yes-6 spaces | 1 | Vinyl siding |
N/A
Pillar/Post/Pier
Public
Septic Tank
Electricity Available, Water Connected
Neighborhood
School Information
| Crockett | Doris Miller | San Marcos |
Room Information
Interior Features
Electric Water Heater
Laminate
Ceiling Fan(s)
Other,
See Remarks
See Remarks
Ceiling Fan(s), Open Floorplan
Exterior / Lot Features
6 Garage Spaces,
Outside, Varies by Unit, See Remarks
Vinyl
See Remarks
Composition, Shingle
Other, Pond
Private Yard,
Cleared, Few Trees, Open Lot
Community Features
See Remarks
Driving Directions
From I35S, turn left onto TX-80S/E Hopkins St. Turn left onto W Ridge Rd then onto Ridge Loop. Turn left onto Roots Rd.
Financial Considerations
| 28365 |
| $3,670 |
Cash, Conventional
Listing Price History
Martindale Real Estate
Martindale is located in Texas. Martindale, Texas 78655 has a population of 1,229.
The median household income in Martindale, Texas 78655 is $61,074. The median household income for the surrounding county is $58,447 compared to the national median of $66,222. The median age of people living in Martindale 78655 is 35 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 12/30/2023 | Active | $919,900 USD -0.01% |
|
| 6/9/2023 | Active | $920,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2022 | $872 USD | 283.65% | $205,370 USD | 53.77% |
| 2021 | $227 USD | -56.14% | $133,560 USD | 460.94% |
| 2013 | $517 USD | 0.39% | $23,810 USD | -2.97% |
| 2012 | $515 USD | - | $24,540 USD | - |