Address
85 Kalyn RD, Huntsville, TX
Price
$ 575,000
Property Attributes
- MLS#20364276
- TypeMulti-Family
- CountyWALKER
- CityHuntsville
- Zip77340
- StyleMultiple Single Units
- Price$ 575,000
- Bedrooms8
- Full Bathrooms8
- Half Bathrooms0
- Lot Size2 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Unique Investment Opportunity! This established 8-unit multifamily property is located only minutes from Huntsville. It includes 5 mobile homes and 3 site-built homes on 2 acres of property with paved road frontage. Both the 2 bedroom, 2 full bath homes were built in 2017 with the remaining units from the 1980s. All units are currently on community water, but there is also an existing well onsite. Three units utilize aerobic septic with the remaining 5 on conventional. The seller has been actively involved in maintaining the property, and there have been updates to many of the older units. There is strong rental demand in this area at this price point; units rent quickly. Do not miss this opportunity. Contact us today!
| Elementary School |
|---|
| Huntsville Elementary School |
| Price History | |
|---|---|
| 6/23/2023 | Listed $575,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Complex Name | NA |
| Cooling | Central Air,Electric,Window Unit(s) |
| Utilities | Aerobic Septic,Electricity Available |
| Possession | Closing/Funding |
| Roof | Other |
| Appliances | Refrigerator,Other |
| School District | Huntsville ISD |
| Capitalization Rate | 9.27 |
| Year Built | 2017 |
| Levels | One |
| Will Subdivide | No |
| Gross Annual Expenses | 7883.00 |
| Property SubType | Multiple Single Units |
| Subdivision Name | NA |
| County | Walker |
| Operating Expense Includes | Maintenance,Water/Sewer,Other |
| Property Type | Residential Income |
| Construction Materials | Aluminum Siding,Other |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 8 |
| Status | Active |
| Directions | From Houston: Follow IH 45 North to exit 102,Exit on FM 1375 towards SH 75,.5 mile turn left on SH 75N,5.3 miles turn right on FM 2296,7.4 miles turn right on US 190E,.8 mile turn right on Kalyn Rd., |
| City | Huntsville |
| Buyer Agent Compensation | 3 |
| Elementary School Name | Huntsville |
| High School | Huntsville |
| Street Name | Kalyn RD |
| Elementary School | Huntsville |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20364276 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Other |
|---|---|
| Flooring | Other |
| Total Units | 8 |
| Lock Box Type | None |
| Window Features | Window Coverings |
Exterior Features
| Lot Features | Acreage |
|---|---|
| Parking Features | On Site |
| Lot Size | 1 to < 3 Acres |
| Foundation | Other |
| Lot Size Area | 2.0000 |
| Number Of Parking Spaces | 2 |
| Lot Size Units | Acres |
| Building Area Total | 7024.00 |
| Lot Size Square Feet | 87120.0000 |
| Lot Size Acres | 2.0000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 77340
Price
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
