For Sale
$375,000

138 Grey Moss CtIngram, TX 78025

Two-unit rental, strong cash flow, owner financing.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents two meticulously maintained single-family homes situated on a 0.38-acre lot in Ingram, Texas (78025). Built between 1988 and 1992, and renovated in 2022, these properties offer a combined 2,063 square feet of living space, currently boasting 100% occupancy as of September 1, 2023. Each unit provides privacy, separated by a fence. The property features a 7.82% capitalization rate, generating a Net Operating Income (NOI) of $29,327. The asking price is $375,000, translating to $181.77 per square foot. The property is zoned OCL, offering flexibility and no restrictions. This turnkey investment requires minimal maintenance, making it ideal for investors seeking strong cash flow and a positive return. Owner financing may be considered with a 27% down payment and a qualified buyer. The Kerr County location offers convenient access to Ingram's amenities. This property is perfect for an owner-occupant seeking rental income from a second unit or a passive income investor. The property's APN is 41094. This is a rare opportunity to acquire a well-maintained, high-performing income-producing property in a desirable location.

Highlights

  • 0.38-acre lot with two income-producing units.
  • Strong cash flow from existing tenants.
  • 7.82% capitalization rate.
  • Turnkey operation requiring minimal maintenance.
  • No operational restrictions.

Property Details for 138 Grey Moss Ct

Property type
Land, Residential income homes
Square Feet
2,063 SF
Year Built/Renovated
1988/2022
Buildings
2
Stories
1
Lot Size (sq. ft)
16,553 SF
Units
2

Location Insight

City
Ingram
County
Kerr
State
Texas
Latitude
30.091645228034
Longitude
-99.223394041379
138 Grey Moss Ct, Ingram, Texas

FAQs

What type of property is this?
Land - Two-unit rental, strong cash flow, owner financing.
Where is the land located?
The property is located at 138 Grey Moss Ct Ingram, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 0.38-acre lot with two income-producing units.; Strong cash flow from existing tenants.; 7.82% capitalization rate.
How can I contact the broker?
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138 Grey Moss Ct
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