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$1,250,000

Est. payment - /mo

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5,410 SqFt

Pending

17307 Old 81 Troy, TX 76579

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Sloan Dunlop

sloan@purerealty.com +1(512) 431-6418

UPDATED:

10/31/2024 08:12 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 5,410 sqft

Price per Sqft $231

MLS Listing ID 8580773

HOA Y/N No

Originating Board actris

Year Built 2016

Tax Year 2023

Lot Size 16.273 Acres

Acres 16.273

Property Description

Major investment opportunity 1/2 mile from IH-35 currently has been making $5600 monthly income with way more room for huge expansion! Quadplex on over 16 acres with over 7500 square feet in existing building ready for more currently not being utilized. There is open shop space (1758 sq ft) and an upper deck (Over 5000 sq ft) that is ready to be built out for more income. The acreage around the building is currently ag exempt and being used for hay production but is clear and open to be set up for an RV park, trailer park, multi family or a mix of development. The property is conveniently located ½ mile off IH-35 between Temple (10 minutes) and Waco (20 minutes)!! Directly around the metal building has beautiful mature trees for privacy and includes a storm shelter. 4.125 acres have already been surveyed off around the quadplex if you wanted to keep and sell the remaining land for development. SO MANY OPTIONS!! Each unit has sealed concrete floors and beautiful finishes with no need for updates. Two of the units are also set up with a locked door between them so the configuration can be easily changed. The largest unit (Unit A) could be converted to two smaller units as well or use part of it to turn the studio (Unit D) into a larger unit. It is rented now as a 4/2 plus a study that could be a 5th bedroom. One of the tenants keeps up with lawn maintenance around the building and 4 acres. Each unit has laundry hook ups, separate electric meter, kitchen appliances and separate entrances from the exterior. There are floor plans of the overall space and each unit as it currently is in the photos. Most of the tenants have been there long term. One unit was just vacated and is now being used for the owner while they are clearing out the storage. Once they are done, it will be rented out again. Don’t miss out on this opportunity with so much potential and current income while you set up the rest.

Location

State TX

County Bell

Interior

Interior Features Electric Dryer Hookup, Primary Bedroom on Main, Storage, Walk-In Closet(s), Washer Hookup

Heating Central

Cooling Central Air

Flooring Concrete

Fireplace No

Appliance Dishwasher, Electric Range, Microwave, Free-Standing Refrigerator

Exterior

Exterior Feature See Remarks

Garage Spaces 4.0

Fence None

Community Features See Remarks

Utilities Available Cable Connected, Electricity Connected, Sewer Connected

Waterfront No

Waterfront Description See Remarks

View See Remarks

Roof Type Metal

Porch See Remarks

Parking Type Additional Parking, Garage Door Opener, Varies by Unit

Building

Lot Description Agricultural, Cleared, Farm, Native Plants, Private Maintained Road, Trees-Moderate, See Remarks

Faces West

Foundation Slab

Sewer Aerobic Septic

Water Public

Level or Stories One and One Half

Structure Type Spray Foam Insulation,Metal Siding

New Construction No

Schools

Elementary Schools Edna Bigham Mays

Middle Schools Raymond Mays

High Schools Troy

School District Troy Isd

Others

Pets Allowed All

Special Listing Condition Standard

Pets Description All

Listed by DHS Realty

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Sloan Dunlop

Agent | License ID: #817467

+1(512) 431-6418