701 E Elm Street new Save Request In-Person Tour Request Virtual Tour
Hillsboro,TX 76645
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,247 sqft
Price per Sqft $160
Subdivision Parks
MLS Listing ID 21072727
Bedrooms 2
Full Baths 2
HOA Y/N None
Year Built 1945
Annual Tax Amount $1,952
Lot Size 7,797 Sqft
Acres 0.179
Property Sub-Type Single Family Residence
Property Description
Turnkey Investment property! The main house is 2bed 2bath and rented long term at $1,250 per month and the ADU is 1bed 1bath and is rented long term for $600 per month, providing $22,200 annually with a gross cap rate of 9.66%! Low maintenance setup with excellent rental history! New roofs in 2022. Amazing location, close access to I-35 and downtown Hillsboro, easy commute to Waco and Fort Worth. Do not miss out on this rare opportunity!
Location
State TX
County Hill
Direction On the corner of Elm Street and Park Street.
Rooms
Dining Room 1
Interior
Interior Features Cable TV Available,High Speed Internet Available,Natural Woodwork,Open Floorplan
Appliance Dryer,Gas Cooktop,Gas Oven,Gas Range,Plumbed For Gas in Kitchen,Washer
Exterior
Exterior Feature Covered Patio/Porch
Carport Spaces 1
Utilities Available Asphalt,City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Underground Utilities
Total Parking Spaces 1
Garage No
Building
Story One
Level or Stories One
Schools
Elementary Schools Hillsboro
High Schools Hillsboro
School District Hillsboro Isd
Others
Ownership Rick Redmond
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21072727