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$600,000

705 N Avenue E, Haskell, TX, 79521

On MarketInfo
Beds12 Beds
Baths6 Bath
Baths5,966 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$100.57 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 12Bedrooms 12
Bathrooms 6Bathrooms 6
AppliancesElectric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size19,863 sqft

Building Information

Year Built1963

Land Information

APN3351
Lot Number3
Land UseResidential
Legal DescriptionBALDWIN #1 - OL 79 HASKELL BLK 6 LOT 3
Census Tract950300
Assessed Land Value$7,000
Assessed Improvement Value$182,500
Assessment Year2025

About this property

Investment opportunities like this don't come along often! Ideally situated on Avenue E in Haskell, this outstanding income-producing apartment complex offers exceptional cash flow potential in a highly desirable location. The property currently consists of five or six well-appointed apartment units, each featuring central HVAC, updated paint and flooring, and low-maintenance living. The exterior has been thoughtfully maintained and offers covered parking, a fenced yard, and attractive curb appeal, making it an appealing option for long-term tenants. Beyond its current success as a fully leased rental property, this versatile investment offers tremendous future possibilities. The layout could easily be reconfigured into five residential apartments with one dedicated commercial office space, providing additional flexibility for an investor looking to maximize returns. Whether you choose to continue operating the property as a successful apartment complex or explore its mixed-use potential, the opportunities are virtually limitless. Please note: This property is being offered only as part of a package sale with the adjoining residence located at 703 North Avenue E, an immaculate home that is contiguous to the apartment complex. Together, these properties create a rare investment package combining dependable rental income with an exceptional residential property. Schedule your private tour today and discover the potential this unique offering has to offer.

Investor Tools

$0Estimated Mortgage Balance
$189,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

Interested in this property?

Megan Cox

Rike Real Estate, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,380
$189,500
2025
$7,000
$182,500
$189,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,380
$189,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$189,500
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Haskell

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