Centerville, TX 75833,130 Town ST
Centerville, TX 75833,130 Town ST
Centerville, TX 75833,130 Town ST
Centerville, TX 75833,130 Town ST
Centerville, TX 75833,130 Town ST
Centerville, TX 75833,130 Town ST
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Edy Embry

Edy Embry

EKA Realty Group

+1(512) 789-6760
$ 1,199,000
Est. payment | /mo

10,544 SqFt


Save
$ 1,199,000
Est. payment | /mo
Save

10,544 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,544 sqft

Price per Sqft $113

MLS Listing ID 7206072

Originating Board actris

Year Built 2013

Annual Tax Amount $6,477

Tax Year 2025

Lot Size 1.050 Acres

Acres 1.05

Property Sub-Type Multi-Family

Property Description

Discover this one-of-a-kind investment opportunity in the Texas Triangle with this recently renovated 16-unit complex boasting 8.8% cap rate and $75k price per door that beat comps. $230k in renovations between 2018-2024, and there are still multiple opportunities to add value and substantially increase NOI!

The property boasts two main buildings - 2013 build and 1988 build - with 8 units each, plus a freestanding clubhouse & laundry room, 32-car parking lot, a slab where 8 more units can be built, and 1.05 acre lot providing plenty of room for expansion. All units are identical 2 bed/1 bath with functional floorplan, allowing for easier management.

The property has almost no competition in Centerville and is 100% occupied as a result! It is professionally managed and has great long-term tenants in place.

Finally, this property boasts effective tax rate of only 0.55% (based on the tax appraisal value).

Location

State TX

County Leon

Zoning B1 Apartments

Interior

Heating Central

Cooling Wall/Window Unit(s)

Flooring Vinyl

Fireplace No

Exterior

Utilities Available See Remarks

View None

Total Parking Spaces 32

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick Veneer,Frame,HardiPlank Type

New Construction No

Others

Special Listing Condition Standard

Listed by Real

GET MORE INFORMATION

agent
Edy Embry

Broker Associate | License ID: 614442

+1(512) 789-6760 | edy@edyknowsaustin.com

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130 Town ST