Address
1011 Locust Street, Sweetwater, TX
Price
$ 320,000
Property Attributes
  • MLS#20529052
  • TypePending
  • CountyNOLAN
  • CitySweetwater
  • NeighborhoodOrient
  • Zip79556
  • StyleQuadruplex
  • Year Built1960
  • Taxes$ 3671
  • Price$ 320,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size7,013 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Updated income producing property in Sweetwater, TX - ground zero for wind energy in West Texas. Each 2 bedroom, one bath units measures 875 sf and has luxury vinyl plank flooring throughout. Updated, dine-in kitchen has stylish Shaker front cabinets. Attractive, large profile tile shower surround and white cabinetry in renovated bathrooms. Each unit has washer & dryer connections. Central HVAC for comfort and ease. Two units lease for $875 per month; two units lease for $800 per month. Second floor units can enjoy front balcony as an amenity for pleasant evenings. First year's property management fee will be paid by seller. A turnkey, income-producing investment property. First year's property management fee will be paid by seller.

Elementary School
Eastridge Elementary School
Price History
2/6/2024 Listed $320,000

General Features

Heating Central
Complex Name 1011 Locust
Cooling Central Air
Utilities City Sewer,City Water,Electricity Connected
Possession Closing/Funding
Roof Composition
Appliances Other
School District Sweetwater ISD
Capitalization Rate 8.04
Year Built 1960
Levels Two
Unexempt Taxes 3671
Will Subdivide No
Gross Annual Expenses 14470.00
Property SubType Quadruplex
Subdivision Name Orient
Insurance Expense 2400
County Nolan
Property Type Residential Income
Construction Materials Brick
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Pending
Directions Locust and E 12th
City Sweetwater
Buyer Agent Compensation 2.5
Elementary School Name Eastridge
High School Sweetwater
Street Name Locust
Elementary School Eastridge
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20529052
Standard Status Pending
Buyer Agent Compensation Type %

Interior Features

Interior Features Other
Flooring Luxury Vinyl Plank
Total Units 4
Unit Count 2
Full Baths 4
Lock Box Type None
Street Suffix Street
Total Bedrooms 8

Exterior Features

Parking Features Off Site
Foundation Pillar/Post/Pier
Lot Size Area 0.1610
Number Of Parking Spaces 4
Lot Size Units Acres
Building Area Total 3498.00
Lot Size Square Feet 7013.1600
Lot Size Acres 0.1610

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 Pending Average in 79556

Price
AVG $330K
$320K
Taxes
AVG $1,246
$3,671
Visits
AVG 91
52
Data Provided by Inside Real Estate®
Year Built
AVG 1965
1960

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