265 Uvalde Oaks Dr., Uvalde, TX 78801
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Priced at Only: $700,000
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Address: 265 Uvalde Oaks Dr., Uvalde, TX 78801
Property Location and Similar Properties
- MLS#: 1822405 ( Multi-Family (2-8 Units) )
- Street Address: 265 Uvalde Oaks Dr.
- Viewed: 42
- Price: $700,000
- Price sqft: $115
- Waterfront: No
- Year Built: 2020
- Bldg sqft: 6096
- Days On Market: 47
- Additional Information
- County: UVALDE
- City: Uvalde
- Zipcode: 78801
- Subdivision: Uvalde Estate #1
- District: Uvalde CISD
- Elementary School: Uvalde
- Middle School: Uvalde
- High School: Uvalde
- Provided by: eXp Realty
- Contact: Gene Evans
- (830) 486-9682
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DescriptionAmazing investment opportunity! 8 rental units located on one acre just 2 miles from city center. These nearly new properties where completed in 2020 and show virtually no wear, offering the new owner what should be years of trouble free use. Property consists of 4, one bedroom, one bath units, 2 stand alone two bedroom, one bath units and a duplex with 2, two bedroom, one bath units. All custom built by a highly respected, local homebuilder. Slab construction with metal roofs. The one bedroom units have a single mini split, while the two bedroom units have two mini split AC systems. Each has its own electrical meter. Public water system. 6 individual septic systems, all of which were pumped out prior to listing. All units are occupied and renters would like to stay on with new owner. 1Br properties rent for $650, while the 2Br units bring in $900 per month for a total income of over $74,000 per year. Being just outside the city, property taxes are low, maximizing profits.
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Features
Building and Construction
- Builder Name: David Alvarez
- Exterior Features: Siding
- Flooring: Other
- Foundation: Slab
- Roofing: Metal
- Source Sqft: Appsl Dist
School Information
- Elementary School: Uvalde
- High School: Uvalde
- Middle School: Uvalde
- School District: Uvalde CISD
Eco-Communities
- Water/Sewer: Septic
Utilities
- Air Conditioning: Other
- Heat: None
- Heating Fuel: Electric
- Meters: Separate Electric
Finance and Tax Information
- Annual Operating Expense: 11200
- Days On Market: 29
- Home Owners Association Mandatory: None
- Net Operating Income: 63200
- Total Tax: 8556
Other Features
- Contract: Exclusive Right To Sell
- Instdir: From Hwy 83 S, take the second entrance to the Uvalde Estates, (Uvalde Oaks Dr). Just past the left hand curve, the property will be on your left.
- Legal Desc Lot: 38
- Legal Description: C6600 UVALDE ESTATE #1 LOT 38 1.
- Op Exp Includes: Taxes, Insurance
- Ph To Show: 830-486-9682
- Salerent: For Sale
- Views: 42
Owner Information
- Owner Lrealreb: No
Nearby Subdivisions