100 County Road 394

    Mathis, TX 78368
    • $350,000
    • STATUS: Active
    • ON SITE: 195 days
    • MLS #: 339725
    UPDATED: 44 min ago
    $350,000
    • 7
      BEDS
    • 1.61
      ACRES
    • 6
      BATHS
    • 1
      1/2 BATHS
    • 3,396
      SQFT
    • $103
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2008
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    TALK ABOUT AN INVESTOR'S DREAM!!! THIS PROPERTY HAS 5 WELL MAINTAINED RENTAL HOMES NESTLED ON 1.618 RURAL ACRES LOCATED BETWEEN MATHIS AND SWINNEY SWITCH. THE GOOD NEWS IS THAT ALL THE HOMES ARE RENTED. ONE OF THE TENANTS HAS BEEN THERE 8 YEARS!! THERE IS PLENTY OF OUTDOOR SPACE FOR ALL TO ENJOY! THE HOMES RANGE IN AGE FROM 4 TO 11 YEARS AND VARY IN SQUARE FOOTAGE AS FOLLOWS: 260.28; 333; 888; 930.24 & 984.15. EACH HOME IS DIFFERENT AND HAS IT'S OWN UNIQUE CHARM AND UPDATED KITCHENS AND BATHROOMS. THEY ALL HAVE COVERED CARPORTS AND SOME HAVE PATIOS. SELLERS REVIEW PROPERTIES PERIODICALLY AND DO REPAIRS IN A TIMELY FASHION TO AVOID DEFERRED MAINTENANCE. IF ONE IS LOOKING FOR AN OPPORTUNITY TO INVEST IN INCOME PRODUCING PROPERTY THIS IS A GOOD ONE! THE VACANCY RATE IS VERY EXTREMELY LOW AND EXPENSES ARE LOW. THE MONTHLY INCOME FROM THESE PROPERTIES IS $4,070.. 2 HOMES ARE 2BR/2BA, 1 IS 2BR/1.5BA AND 2 ARE 1BR/1BA. INVEST IN THIS PROPERTY AND CREATE YOUR OWN RETIREMENT!!

    Monthly Payment Calculator

    © 2019 Coastal Bend Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Elite Corpus Christi & Coastal Bend. Data last updated: 2019-08-21T21:52:27.623.
    www.mycorpuschristirealestate.com/homes/91606155

    100 County Road 394 Mathis, TX 78368

    • Price: $350,000
    • Status: Active
    • Updated: 44 min ago
    • MLS #: 339725
    7
    Beds
    6
    Baths
    1
    ½ Baths
    1.61
    Acres
    3,396
    SQFT
    $103
    $/SQFT
    2008
    Built
    Neighborhood:
    Mathis Acres
    County:
    Live Oak
    Area:
    Mathis
    Elementary School:
    Mathis
    Middle School:
    Mathis
    High School:
    Mathis
    School District:
    Mathis Isd
    Property Description
    TALK ABOUT AN INVESTOR'S DREAM!!! THIS PROPERTY HAS 5 WELL MAINTAINED RENTAL HOMES NESTLED ON 1.618 RURAL ACRES LOCATED BETWEEN MATHIS AND SWINNEY SWITCH. THE GOOD NEWS IS THAT ALL THE HOMES ARE RENTED. ONE OF THE TENANTS HAS BEEN THERE 8 YEARS!! THERE IS PLENTY OF OUTDOOR SPACE FOR ALL TO ENJOY! THE HOMES RANGE IN AGE FROM 4 TO 11 YEARS AND VARY IN SQUARE FOOTAGE AS FOLLOWS: 260.28; 333; 888; 930.24 & 984.15. EACH HOME IS DIFFERENT AND HAS IT'S OWN UNIQUE CHARM AND UPDATED KITCHENS AND BATHROOMS. THEY ALL HAVE COVERED CARPORTS AND SOME HAVE PATIOS. SELLERS REVIEW PROPERTIES PERIODICALLY AND DO REPAIRS IN A TIMELY FASHION TO AVOID DEFERRED MAINTENANCE. IF ONE IS LOOKING FOR AN OPPORTUNITY TO INVEST IN INCOME PRODUCING PROPERTY THIS IS A GOOD ONE! THE VACANCY RATE IS VERY EXTREMELY LOW AND EXPENSES ARE LOW. THE MONTHLY INCOME FROM THESE PROPERTIES IS $4,070.. 2 HOMES ARE 2BR/2BA, 1 IS 2BR/1.5BA AND 2 ARE 1BR/1BA. INVEST IN THIS PROPERTY AND CREATE YOUR OWN RETIREMENT!!
    Exterior Features

    Construction ConcreteFrameMetalStuccoWood Exterior Features GuttersOtherPatio CoveredPatio Open Fence Type OtherWood Lot Dimensions 414 X 320 Lot Land Description InteriorNo Mineral RightsUndivided Parking CarportCoveredDetachedFrontRearSide Parking Spaces 10 Pool YN No Road Surface Front AsphaltCountyFm RoadPaved Roof Metal Style Other

    Interior Features

    Dining Areas 5 Electric Individual MeterOverhead Utilities Energy Features Ceiling Fan(S) Energy Star YN No Fireplace YN No Flooring Laminate FlooringTile Foundation Pier And BeamSlab Heating Cooling Heat PumpWindow Unit Interior Features Cathedral CeilingMaster DownOpen Concept FloorplanPanelingSmoke DetectorSplit BedroomsWindow Coverings Kitchen Equipment Breakfast BarBuilt-In DishwasherBuilt-In MicrowaveFreestanding RangeIslandPantryRange/Oven-ElectricRefrigeratorVent Hood Living Areas 5 Sec System YN No Security System Type Smoke Detector Utility Room Dryer HookupWasher Hookup

    Property Features

    Age Previously Occupied Apx Sq Ft Source Appraisal Block Num 1 Common Area Other Gated Community YN No Green Built Program YN No Hoa YN No Lot Number 13 Occupant Type Tenant Possession Closing/Funding Property Sub Type Detached Proposed Financing CashConventional Relocation YN No Reo Foreclosure YN No Short Sale YN No Short Term Rentals YN No Special Notes Aerial Photo Utilities M.U.D.Overhead UtilitiesSeptic System Installed

    Listing provided courtesy of Lloyd Barnes Real Estate Team. © 2019 Coastal Bend Multiple Listing Service.
    © 2019 Coastal Bend Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Elite Corpus Christi & Coastal Bend. Data last updated: 2019-08-21T21:52:27.623.
     
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    9450 South Padre Island Drive, Suite 3
    Corpus Christi TX, 78418