Investor opportunity just steps from Tarleton State University! This 2-bedroom, 1-bath single-family home offers immediate and stable cash flow with a tenant in place through June 30, 2027 at $1,400 per month. Ideally located within walking distance to campus, the property benefits from consistent rental demand driven by Tarleton State’s… Read More continued growth as a Division I university with steadily increasing enrollment. This prime location makes it highly attractive for student or faculty housing, supporting long-term investment potential. The home’s manageable size and layout provide low maintenance ownership, while the existing lease ensures reliable income from day one. Whether you’re expanding your portfolio or seeking a turnkey rental in a high-demand area, this property presents a compelling opportunity for both current returns and future appreciation. Read Less
Courtesy of Ebby Halliday Realtors, Eric Hayden.
Listing Snapshot
Days Online
27
Last Updated
Property Type
Other
Beds
2
Full Baths
1
Lot Size
0.12 Acres
Year Built
1947
MLS Number
21247901
Additional Details
Appliances & Equipment
ElectricRange
Building
Built in 1947, Levels: One, 1 building, 1, Toal building area: 938
Cooling
CentralAir, Electric, WallWindowUnits
Expenses
Insurance: $2,000
Exterior Features
FirePit, Storage
Fence
ChainLink, Privacy, Wood
Floors
LuxuryVinylPlank
Heating
Central, Electric
Income
Gross income: $16,800, Net operating income: $13,077