Jarrell, TX 76537,704 N 5th ST

$515,000

Est. payment /mo
Est.Price: ?

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704 N 5th ST Jarrell, TX 76537

2,451 SqFt

SOLD DATE : 04/12/2024

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,451 sqft

Price per Sqft $210

Subdivision Jarrell Town

MLS Listing ID 2009072

Sold Date 04/12/24

Originating Board actris

Year Built 2016

Annual Tax Amount $9,948

Tax Year 2023

Lot Size 0.480 Acres

Property Description

Welcome to an exceptional investment opportunity in the heart of old town Jarrell! This contemporary triplex, situated on nearly half an acre of land, is a rare find indeed. Boasting a sleek metal roof and a prime corner lot location adjacent to the middle school, this property offers both style and convenience.

Currently fully leased with long-term tenants, this triplex presents a lucrative income-generating asset from day one. Investors will appreciate the stability and reliability of the rental income, while savvy buyers will recognize the potential for future appreciation in this rapidly growing area.

Each unit within the triplex features two bedrooms and one and a half bathrooms, providing comfortable living spaces for tenants. The modern design and thoughtful layout ensure that residents enjoy both functionality and aesthetics in their homes.

The proximity to the middle school adds to the property's appeal, making it an attractive option for families seeking convenient access to education for their children. Additionally, being located in old town Jarrell offers residents a charming and close-knit community atmosphere.

Outside, the expansive half-acre lot offers plenty of room for outdoor activities and potential future expansion or development opportunities, subject to local zoning regulations.

Whether you're an investor looking to add to your portfolio or a buyer seeking a turnkey property with built-in income, this fully leased contemporary triplex in old town Jarrell is not to be missed. Schedule your showing today and seize this opportunity to secure a piece of prime real estate in a thriving community!

Location

State TX

County Williamson

Interior

Interior Features Laminate Counters, No Interior Steps

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplace Y

Appliance Dishwasher, Disposal, Electric Range, Electric Oven, Refrigerator

Exterior

Exterior Feature Uncovered Courtyard

Fence Chain Link

Community Features None

Utilities Available Electricity Connected, High Speed Internet, Phone Available, Underground Utilities, Water Connected

Waterfront No

Waterfront Description None

View None

Roof Type Metal

Accessibility None

Porch Covered, Porch

Parking Type Additional Parking, Concrete

Building

Lot Description City Lot, Corner Lot

Faces East

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

New Construction No

Schools

Elementary Schools Jarrell

Middle Schools Jarrell

High Schools Jarrell

School District Jarrell Isd

Others

Pets Allowed Negotiable

Restrictions None

Acceptable Financing Cash, Conventional

Tax Rate 2.06

Listing Terms Cash, Conventional

Special Listing Condition Standard

Pets Description Negotiable

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Listed by Sphere Realty
Bought with RE/MAX Fine Properties

Christine Emanuel

Advisor | License ID: 682255

+1(512) 750-3800

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