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$149,900

$159,900

802 and 804 N Main Street, Winnsboro, TX, 75494

$192,425 ARVInfo
On MarketInfo
Price DropInfo
Beds4 Beds
Baths— Bath
Baths1,834 Sq Ft
DuplexDuplex
price_per_sqft$81.73 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Must-Sell

About this property

PRIME MULTI-FAMILY INVESTMENT OPPORTUNITY for CASH buyer in the heart of Winnsboro, TX! So many possibilities with this property which is located on a large lot on Main Street - just North of downtown Winnsboro. With two spacious 2-bedroom, 1-bath units, this duplex offers a fantastic opportunity for investors seeking income potential through long-term rentals or short-term vacation stays. Both units have remodeled and updated decor with tenants on a month-to-month lease since the property is for sale. With strong rental demand and flexible usage options, this property is listed below appraised value and checks all the boxes - including a large lot with possibilities of adding another unit. Winnsboro is a designated Main Street City known for it's vibrant downtown area lined with boutiques and antique shops, top-rated restaurants, and a thriving local arts scene. Just steps away from downtown, tenants and guests can enjoy the renowned Farmers Market, explore the newly expanded Winnsboro Center for the Arts, and participate in year-round events such as the Wine Festival, Classic Car Cruise-In, Autumn Trails Festival, and live music nights. Diversify your portfolio or take a step into a thriving rental market, with this duplex which combines location, charm, and potential. Don't miss the opportunity to grab this gem located within 2 hours of DFW and minutes from several lakes including Lake Fork, Lake Cypress Springs, Lake Bob Sandlin, and Lake Winnsboro. Schedule your appointment to check out this investment opportunity.

Investor Tools

$0Estimated Mortgage Balance
$149,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$192,424
Rent-to-Value Ratio: 0.72%
Rent Estimate
$899 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

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

City: Winnsboro

802 and 804 N Main Street | Property Details | No Agent List