Courtesy: Real
512-960-3253
Discover this one-of-a-kind investment opportunity in the Texas Triangle with this recently renovated 16-unit complex boasting competitive cap rate and price per door! $230k in renovations between 2018-2024, and the property still allows for multiple value add opportunities! The property boasts two main buildings - 2013 build and 1988 build - with 8 units each, plus a freestanding clubhouse & laundry room, 32-car parking lot, a slab where 8 more units can be built, and 1.05 acre lot providing plenty of room for expansion. All units are identical 2 bed/1 bath with functional floorplan, allowing for easier management. The property has almost no competition in Centerville and is 100% occupied as a result! It is professionally managed and has great long-term tenants in place. Finally, this property boasts effective tax rate of only 0.55% (based on the tax appraisal value).
Multi-use commercial, industrial, and/or storage opportunity in Marquez, Texas. 6 Acres with over 30,000 SF of modern buildings ranging from showroom to warehouse/storage to mechanic shop, all on one site. Facility sits at the intersection of Hwy 79 and FM 1146 (gateway to Lake Limestone). 6,350 SF general use building currently used as a hardware store with offices. 6,000 SF retail building currently used as retail store, 4,000 SF shop, and 4,000 SF enclosed warehouse, plus additional covered storage buildings. Central location with dual access to Interstate 45 to the north and east. Owner will split into two tracts. Seller is willing to leaseback retail store space. Additional 19.4 acres available.
Centerville is located in Texas. Centerville, Texas has a population of 975. Centerville is less family-centric than the surrounding county with 11.38% of the households containing married families with children. The county average for households married with children is 27.77%.
The median household income in Centerville, Texas is $27,011. The median household income for the surrounding county is $48,676 compared to the national median of $69,021. The median age of people living in Centerville is 38 years.
The average high temperature in July is 93.8 degrees, with an average low temperature in January of 36 degrees. The average rainfall is approximately 42.1 inches per year, with 0.1 inches of snow per year.
