$285,000
4
Units
Property Type
One Story
Status
Active
Price Type
Distressed
Year Built
1991
Neighborhood
Somerset
Days on Website
156
Property Map
$285,000 – 19511 N Dixon Rd, Somerset, TX 78069
Street View
Courtesy of Homefront Realty, Wanida Ellis {attribution_contact}
Description
Fully rented multi-family property. Four efficiency apartments! These are always rented. Two have tile floors and one has vinyl. Two have new cabinets. All have their own water heater and HVAC. Don’t miss your chance to walk into this investment property and collect a monthly paycheck! Units share two great back porches surrounded and shaded by mature trees. Happy tenants make happy landlords so please DO NOT DISTURB them. please msg me for any info.
Property Details and Features
Listing
- 155 cumulative days on market
- 155 days on market
- Listing date: 2024-06-18 05:00:00
- Price per square foot: $113
Location
- County: Bexar
- Subdivision: SOMERSET
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
- 2,530 square feet
- 4 total units
- Approximate age: 33 years
- Built in 1991
- Builder: Unknown
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
Exterior Features
- Covered Patio
- Cable TV Available
- Siding
Floors
- Carpeting
- Ceramic Tile
- Linoleum
Roof
- Metal
Miscellaneous
- Net operating income: $22,980
- Unit 1 rent: $650
- Unit 2 rent: $600
- Unit 3 rent: $650
- Unit 4 rent: $500
- 2% vacancy rate
- Annual operating expense: $5,820
- Gross annual income: $28,800
- 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: 0.161
Schools
- School district: Somerset
- Elementary school: Somerset
- Middle school: Somerset
- High school: Somerset
Cooling
- Three+ Central
Heating
- Electric
- Central
Utilities
- Separate Electric
- Common Water
- Electric utility supplier: CPS
- Garbage utility supplier: Republic
- Water utility supplier: SAWS
- Sewer utility supplier: SAWS
Taxes
- Total tax amount: $7,347