180 Fm 1696 RdHuntsville, TX 77320

Property Details for 180 Fm 1696 Rd

Year built

1998

Lot size

1.32 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a 9-unit apartment complex ideally situated on a 1.32-acre lot in Huntsville, Texas, at 180 FM 1696, zip code 77320. The property consists of two buildings: a two-story structure housing seven units and a separate duplex. Seven units offer one bedroom and one bathroom, while one unit is a one-bedroom efficiency. The duplex features two two-bedroom, one-bathroom units. Each apartment includes a kitchen equipped with a stove/oven and refrigerator, and a living room. A shared laundry room with coin-operated washers and dryers is available for tenant use. A dedicated maintenance room provides convenient onsite storage. Individual electricity meters ensure efficient utility management, while water, sewer, and garbage services are included in the monthly rent. The property benefits from a public water supply and a regularly maintained aerobic sewer system. Both buildings boast a newly installed roof (Summer 2024). This property presents a strong cash flow potential with its well-maintained units and included utilities, making it an attractive investment in the thriving Huntsville market. The asking price is $475,000.

Location Insight

City

Huntsville

County

Walker

State

Texas

Latitude

30.7466

Longitude

-95.6659

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