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$379,000

Est. payment - /mo

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9 BD

7.5 BA

1.23 Acres Lot

Pending

1101 Avenue D Brownwood, TX 76801

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Tracy Spradlin

spradlintd@aol.com +1(903) 748-2477

UPDATED:

07/10/2024 03:11 PM

Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Pending

Purchase Type For Sale

Subdivision Cleveland Addition

MLS Listing ID 20534524

Bedrooms 9

Full Baths 7

Half Baths 1

HOA Y/N None

Total Fin. Sqft 10866

Lot Size 1.232 Acres

Acres 1.2323

Lot Dimensions 335x160

Property Description

This is an interesting property with tons of potential and possibilities. First off there are 7 tiny homes of which 5 are 1 bedroom and 1 bath and 2 are 2 bedrooms with 1 bath. 5 are completely finished and just need to be cleaned up and maybe some minor repairs. 1 unit needs appliances and trim work to be finished, and the last unit is just a shell and needs a buildout inside to be complete. These units are perfect for short term rentals, long term rentals, or fully furnished units for personnel coming in on 3-6 month contracts. 1 bedroom units could easily get $500-700 per month each while 2 bedroom units could $700-850 per month each. That's a total of $3900-5200 per month in rents. PLUS there is plenty of room to add an additional 5-9 units for additional revenue. Next door is the old rock church and it has over 10,000 square feet of space. The building has a good roof and solid rock exterior, but is need of updates and repairs. This space has endless possibilities!!

Location

State TX

County Brown

Direction GPS friendly. On the corner of Ave D and Durham.

Interior

Interior Features Open Floorplan

Heating Natural Gas, Space Heater, Wall Furnace

Cooling Ceiling Fan(s), Electric, Wall Unit(s), Wall/Window Unit(s)

Flooring Concrete, Linoleum

Appliance Electric Oven, Electric Water Heater, Microwave, Refrigerator

Heat Source Natural Gas, Space Heater, Wall Furnace

Exterior

Exterior Feature Covered Patio/Porch

Fence None

Utilities Available All Weather Road, Alley, Cable Available, City Sewer, City Water, Electricity Available, Electricity Connected, Individual Water Meter, See Remarks

Roof Type Composition,Metal

Parking Type Additional Parking, Alley Access, Common, Driveway, Gravel, Off Street, On Site, Parking Lot, Private

Garage No

Building

Lot Description Cleared, Corner Lot, Level

Story One

Foundation Block, Pillar/Post/Pier, Slab

Level or Stories One

Structure Type Board & Batten Siding,Rock/Stone,Siding

Schools

Elementary Schools Coggin

Middle Schools Brownwood

High Schools Brownwood

School District Brownwood Isd

Others

Ownership BCHS

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo, Environ. Study Complete, Utility Easement

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Justin Riggan • KWSynergy

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Tracy Spradlin

+1(903) 748-2477

Broker | License ID: 493069

Broker License ID: 493069

Tracy Spradlin

1101 Avenue D Brownwood, TX 76801

Tracy Spradlin

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1101 Avenue D