TX > La Vernia
La Vernia, TX 78121,113 Dl Vest
La Vernia, TX 78121,113 Dl Vest
La Vernia, TX 78121,113 Dl Vest
La Vernia, TX 78121,113 Dl Vest
La Vernia, TX 78121,113 Dl Vest
La Vernia, TX 78121,113 Dl Vest
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Luke Smith

Luke Smith

+1(864) 509-5025
$ 444,706
Est. payment | /mo

8 Beds

4 Baths

3,484 SqFt

Save
$ 444,706
Est. payment | /mo
Save

8 Beds

4 Baths

3,484 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 3,484 sqft

Price per Sqft $127

MLS Listing ID 1868193

Style One Story

Bedrooms 8

Full Baths 4

Construction Status Pre-Owned

Year Built 2006

Annual Tax Amount $6,953

Lot Size 7,623 Sqft

Property Sub-Type Multi-Family (2-8 Units)

Property Description

Exciting Investment Opportunity in Universal City, Texas! Welcome to this fantastic quadruplex listing priced over $43,000 under market value, making it a lucrative deal for savvy investors! The sellers are motivated and are also selling three more quadraplexes via a 1031 exchange - an incredible chance to expand your real estate portfolio! Rental Income: Gross Operating Income: $49,140. Taxes: $6,917. Management Fee: $4,423 / year Net Operating Income: $37,800. Features: Each unit includes 2 bedrooms and 1 bathroom, perfect for tenants seeking comfortable living spaces. With a desirable 8.5 cap rate, the new owner can self manage and raise the cap rate to 9.5, offering a profitable investment opportunity that's hard to resist. Don't miss out on the potential for steady passive income and long-term asset appreciation! Reach out today to capitalize on this fully rented quadruplex in Universal City and take the next step towards growing your real estate portfolio. Seize the opportunity, and let this property be the cornerstone of your investment success!

Location

State TX

County Wilson

Area 2800

Interior

Heating Central, 3+ Units

Cooling Multi-Unit Central, Three+ Central

Flooring Carpeting, Ceramic Tile

Exterior

Exterior Feature Stone/Rock

Garage Spaces 8.0

Roof Type Composition

Building

Foundation Slab

Construction Status Pre-Owned

Schools

Elementary Schools La Vernia

Middle Schools La Vernia

High Schools La Vernia

School District La Vernia Isd.

Others

Acceptable Financing Conventional, FHA, VA, Investors OK, USDA

Listing Terms Conventional, FHA, VA, Investors OK, USDA

Listed by J.J. Gorena • eXp Realty • (210) 367-6024
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(864) 509-5025

luke@lukesmithhomes.com

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113 Dl Vest