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$695,000

NAL Estimated Property Value

841 County Road 502, Stephenville, TX, 76401

Off MarketInfo
Beds16 Beds
Baths8 Bath
Baths6,000 Sq Ft
price_per_sqft$115.83 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bedrooms 16Bedrooms 16
Bathrooms 8Bathrooms 8
AppliancesElectric Range, Refrigerator, Vented Exhaust Fan
FlooringVinyl

About this property

Back on the market due to no fault of the property. DUPLEXES! Four sets of 2 bdrm, 1 bath units ea with kitchen, appliances, breakfast area, living room & 11x20 carport with utility rm washer & dryer connections. Horse run & shed behind each unit. Rents ave $800 per unit. Units updated (paint & new floors). Metal roof was installed over existing composition roof. This may affect ins cost or can be omitted from coverage. Units are easy to lease & highly desired. Current owner pays, taxes, ins, lawn maint of $140 when done (depends on rain & time of yr), dumpster approx $200 per mo & elect for the well pump ave $50 per mo. See uploads for P&L and notes. $49k annual net income potential with a cap rate of 7%.

Investor Tools

Property Icon
$695,000
Estimated Property Value
$0Estimated Mortgage Balance
$695,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

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

City: Stephenville

841 County Road 502 | Property Details | No Agent List