Sold
0.1± Acres
Sold
Eastland County, Texas

300 W 11th St, Cisco

ID: 41686
External ID/MLS: -- / 20362227
Status: Sold
Acres: 0.1±
Type: Residential Property, Business Opportunity
Address: 300 W 11th St
City, State: Cisco, Texas
County: Eastland
ZIP Code: 76437
Presented By: Michelle Reed
Taxes: $642
Dwelling Sq Ft: 812
Bedrooms: 2
Bathrooms: 2

Description

Introducing 2 impeccably maintained & income-producing tiny homes nestled in the charming town of Cisco, TX. These properties offer an excellent investment opportunity with a cap rate approaching 8% & the potential for even higher returns. With their small footprint, these homes are incredibly easy to maintain, making them an ideal choice for savvy investors seeking hassle-free ownership. Unit 300 is a 392 sf cabin built in 2016 by Lelands in Stephenville. This 1 bed, 1 bath open concept home is turnkey and move in ready. Currently vacant, this tiny home is ready for new owner to set rent rate which averages $700 per month. Unit 300 B has a tenant that is month to month at a rate of $675 per mo & tenant has lived there for several years. Built in 2013, this 420 sf unit offers a nice open concept floorplan with loft bedroom, full kitchen & bath. Until owner decided to sell, occupancy has consistently stayed at 100% with reliable, long-term tenants. See Transaction Desk for more details.

Public Driving Directions: GPS Friendly

DO NOT CHANGE TITLE COMPANIES. Title work has been pulled and ready to go. DO NOT DISTURB tenant in 300B. Once property is under contract, buyer will be allowed to see inside home. P & L available once under contract.

Ask Michelle About This Property

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