301 E Cedar Street ALometa, TX 76853

Description

This is a TURNKEY INVESTMENT PROPERTY.... THERE ARE FOUR CABINS, with about 450 square foot each, and all are rented out and equipped with a fridge and range. It is possible someone could live in one unit while continuing to rent out the other 3. One cabin has been recently revamped. The cabins are two main rooms, each. One room - is a kitchen - living room, second room - is a bedroom and a full bath. They are heated and cooled with an energy-efficient Mini split and cabins are all electric. There is enough room to build more units on the property. Property is located very near the heart of Lometa and not far from the school. Landlord pays water and sewer bill and garbage collection and is responsible for lawn care. Cabins are 10 years old but have had updates since.

Property Information

Property type

Residential

Sub-type

Apartment

Year built

2014

Living area

450 Sq Ft

Lot size

0.30 acres

Days on market

386

MLS^® Listing#

592723

Property Features

Interior

Ceiling Fan(s)

Appliances

Electric Range · Electric Water Heater · Refrigerator · Range

Cooling

Ceiling Fan(s) · Electric

Heating

Electric

Flooring

Laminate

Fireplace

Bedroom · Bath · Electric

Pool

None

Laundry

None

Fencing

None

Lot features

City Lot

Construction

Frame

Foundation

Pillar/Post/Pier

Roof

Metal

Community

None

Utilities

Electricity Available

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Lometa Elementary

Middle

Lometa Middle

High

Lometa High

Financial Details

HOA

None

Annual taxes

$942Tax year 2025

Parcel number

6964

Directions

At the intersection of N. Fourth Street and W. Elm Street, go west onto W. Elm Street. Then continue across the railroad tracts which will put you on E. Railway St. Stay on E. Railway St. for a short distance and turn right onto E. Cedar St. for about 2 blocks and the property will be on the left.