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559-561 State Highway 301

Seminole, TX 79360
  • $189,900
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 202306691
UPDATED: 201 min ago
$189,900
  • 10
    BEDS
  • 5.01
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 5,266
    SQFT
  • $36
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1982
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

5 properties on a 5 acre lot located just outside Seminole, TX. There are 3 single family residences and 2 mobile homes. One mobile home is currently on the market to rent out for $600. The 2 mobile homes share a septic and the 2 front houses share a septic. The property is on well water. The rents for the 3 houses are $800; $700 and $700. 2 of the 3 have been there for 2 years and 3 years. These will be sold as-is for their cash flow value. All but electric are paid by the owner. 561A is a 2/1 with a mini-split. This is the one on the market to rent out now. 561B is the other mobile home that is used for storage right now. 561C has a metal roof a mini-split and is a 3/1.5. This rents for $800. 559A is a 2/1 rented for $700 and has a remodeled bathroom. 559B is a 2/1 with a 3rd bedroom possibility (used for storage now). This tenant has been there for 2 years. These properties are located on 5 acres with the possibility to add more rental income to it. The sq.ft. is the all 5 total).

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© 2023 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-06-04T23:59:08.177.
www.mylbk.com/homes/139822904
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559-561 State Highway 301 Seminole, TX 79360

  • Price: $189,900
  • Status: Active
  • On Site: 12 Days
  • Updated: 201 min ago
  • MLS #: 202306691
10
Beds
5
Baths
1
½ Baths
5.01
Acres
5,266
SQFT
$36
$/SQFT
1982
Built
Neighborhood:
Gaines County
County:
Gaines
Area:
Gaines County
Elementary School:
Seminole
Middle School:
Seminole
High School:
Seminole
School District:
Seminole Isd
Property Description
5 properties on a 5 acre lot located just outside Seminole, TX. There are 3 single family residences and 2 mobile homes. One mobile home is currently on the market to rent out for $600. The 2 mobile homes share a septic and the 2 front houses share a septic. The property is on well water. The rents for the 3 houses are $800; $700 and $700. 2 of the 3 have been there for 2 years and 3 years. These will be sold as-is for their cash flow value. All but electric are paid by the owner. 561A is a 2/1 with a mini-split. This is the one on the market to rent out now. 561B is the other mobile home that is used for storage right now. 561C has a metal roof a mini-split and is a 3/1.5. This rents for $800. 559A is a 2/1 rented for $700 and has a remodeled bathroom. 559B is a 2/1 with a 3rd bedroom possibility (used for storage now). This tenant has been there for 2 years. These properties are located on 5 acres with the possibility to add more rental income to it. The sq.ft. is the all 5 total).
Exterior Features

Architectural Style 1 StoryTraditional Carport Spaces 0 Exterior MasoniteMetal SidingStucco Foundation Details Other Parking Off StreetRv Parking Pool Private YN No Roof Metal Streets All WeatherPaved

Interior Features

Building Area Total 5266 Cooling Mini Split Heating Mini Split Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit1 Features Electric Range/OvenLaundry FacilitiesWindow Coverings Unit1 Number 559A Unit1 Sq Ft 728 Unit2 Bathrooms 1 Unit2 Bedrooms 3 Unit2 Features Electric Range/OvenLaundry FacilitiesWindow Coverings Unit2 Sq Ft 1144 Unit3 Bathrooms 1.5 Unit3 Bedrooms 2 Unit3 Features Electric Range/OvenLaundry FacilitiesWindow Coverings Unit3 Sq Ft 1602 Unit4 Bathrooms 1 Unit4 Bedrooms 2 Unit4 Features Needs RepairsWindow Coverings Unit4 Sq Ft 1008

Property Features

Association Fee 0 Association YN No Energy Features Storm DoorsStorm Windows Gross Income 2800 Lot Size Source (Tax Data) Property Sub Type M Home/Rv Park Proposed Financing CashConventional Tax Annual Amount 3738 Tenant Pays Electricity Terms Of Tenancy 1 Year Lease Unit1 Income 700 Unit1 Occupied Yes Unit2 Income 700 Unit2 Number 559B Unit2 Occupied Yes Unit3 Income 800 Unit3 Number 561C Unit3 Occupied Yes Unit4 Income 0 Unit4 Number 559B Unit4 Occupied No

Listing provided courtesy of Andy Gerron of Exit Realty Of Lubbock: 8067713900. Listing information © 2023 Lubbock Association of REALTORS® MLS.


© 2023 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-06-04T23:59:08.177.
 
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Lyons Realty
7021 Kewanee Building 10
Lubbock TX, 79424