Property Type One Story
Status Active
Price Type
Distressed
Year Built 1979
Neighborhood White
Days on Website 184

Property Map

$240,000 – 434 S Bates St, Uvalde, TX 78801

Street View

Courtesy of eXp Realty, Gene Evans {attribution_contact}

Description

Excellent investment property! Here is your chance to own an affordable fourplex property with proven income. Located at 434 S Bates St, in Uvalde, this 2280 sqft structure consists of 4, one bedroom, one bath units. Each with its own laundry and mini-split ac system. Average rental per unit is 600 per month and its stays very well occupied! Included in the sale is enough property to build a mirror image of the existing unit so you can have up to 8 doors of income on one property, increasing profit and maintaining a low tax profile. This property is one of four listings, (three other duplex properties) that can be bought individually, or as a package deal, with 10 doors of proven rental income.

Property Details and Features

Listing

  • 183 cumulative days on market
  • 183 days on market
  • Listing date: 2024-05-21 05:00:00
  • Price per square foot: $105

Location

  • County: Uvalde
  • Subdivision: White

Bedrooms

  • 1 bedroom in unit 1
  • 1 bedroom in unit 2
  • 1 bedroom in unit 3
  • 1 bedroom in unit 4

Bathrooms

  • 1 full bathroom in unit 1
  • 1 full bathroom in unit 2
  • 1 full bathroom in unit 3
  • 1 full bathroom in unit 4

Accessibility Features

  • Unit 1 disability access: No
  • Unit 2 disability access: No
  • Unit 3 disability access: No
  • Unit 4 disability access: No

Building

  • 2,280 square feet
  • 4 total units
  • Approximate age: 45 years
  • Built in 1979
  • Builder: Unknown
  • Oven/Stove
  • Oven/Stove
  • Stacked Washer/Dryer
  • Oven/Stove
  • Stacked Washer/Dryer
  • Oven/Stove
  • Stacked Washer/Dryer

Exterior Features

  • Not Applicable/None
  • Siding

Floors

  • Laminate

Foundation

  • Slab

Roof

  • Composition

Miscellaneous

  • Net operating income: $19,700
  • Unit 1 rent: $525
  • Unit 2 rent: $575
  • Unit 3 rent: $600
  • Unit 4 rent: $575
  • 92% vacancy rate
  • Annual operating expense: $7,900
  • Gross annual income: $27,600
  • Taxes
  • Insurance
  • Maintenance

Parking

  • 2 parking spaces for unit 1
  • Unit 1 parking type: Pad
  • 2 parking spaces for unit 2
  • Unit 2 parking type: Pad
  • 2 parking spaces for unit 3
  • Unit 3 parking type: Pad
  • 2 parking spaces for unit 4
  • Unit 4 parking type: Pad

Lot

  • Lot size: 0.235

Schools

  • School district: Uvalde Cisd
  • Elementary school: Uvalde
  • Middle school: Uvalde
  • High school: Uvalde

Cooling

  • Window/Wall

Heating

  • Electric
  • Window Unit

Utilities

  • Separate Electric
  • Common Water
  • City

Taxes

  • Total tax amount: $3,601

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