Terry Cox - Coldwell Banker Island Realtors
408 N Live Oak
Mathis, TX 78368

Description

Great opportunity on 1.2855831 Acres in Mathis! Bordering N Live Oak, Laredo & N Aransas Streets, this 7 building complex includes 10 separate units. 3 Duplexes & 4 individual houses create the perfect property management portfolio. 408 N Live Oak A: 1/1 $450/rent; 408 N Live Oak B: 2/1 $550 rent; 412 N Live Oak A: 1/1 $450 rent; 412 N Live Oak B: 2/1 $550 rent; 416 N Live Oak A: 2/1 $550 rent; 416 N Live Oak B: 1/1 $450 rent; 428 N Live Oak: 2/1 $600 rent; 413 N Aransas: 3/1 $700 rent; 417 N Aransas: 3/1 $800 rent; 423 N Aransas: 2/1 $600 rent. Square footage measurements appear to be understated on the San Patricio County Appraisal District. Please validate all data. Seller to extend owner finance terms (25% down, 8.5% interest, 10 year note) with approved application. Tenants provide their own air conditioning/heating. Landlord pays gas in duplexes. 10 nicely maintained, high occupancy rental units in this income producing property in Mathis off US Highway 37 near Hwy 77/I69.

Details

MLS#301450
Sub-TypeResale
StatusActive
Year1950
Days On Site847

Features

SQ Feet7,882
Units10
Building(s)7

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Area Information

StateTX
CountySan Patricio County
CityMathis
Zip Code78368
AreaSan Patricio County
Listing VS Median (in 78368)
Price:
$325,000
low | high
Med:
$72,500
100% of Average
SqFt:
7,882
low | high
Med:
972
100% of Average
$ / SqFt:
$41
low | high
Med:
$18
100% of Average
On Site:
847
low | high
Med:
802
100% of Average
Listing Updated: 12/13/2018
MLS Number: 301450
Listing Provided By:
Shawn Cass  of  Cass Real Estate