INVESTORS! Take a look at this opportunity. 3 units on the same city lot with all city services in place in downtown Camp Wood. One block from the City Park, two blocks to shopping and restaurants. Large, partially fenced yard with mature trees. Plenty of outdoor space for renters to enjoy. All three units occupied with lease agreements in place. Unit 1 is a 1 bedroom, 1 bath apartment rented for $575. Unit 2 is a 2 bedroom, 1 bath mobile home rented for 700. And unit 3 is a 2 bedroom, 1 bath mobile home rented for 640. Super low taxes, just under 1,000 total per year for all 3 units. So after utilities, expect to net approx. $19,000 per year for a very modest initial investment. Owner finance is an option for qualified buyers, see agent for details.
Camp Wood is located in Texas. Camp Wood, Texas has a population of 938. Camp Wood is more family-centric than the surrounding county with 12.43% of the households containing married families with children. The county average for households married with children is 12.41%.
The median household income in Camp Wood, Texas is $30,550. The median household income for the surrounding county is $36,493 compared to the national median of $57,652. The median age of people living in Camp Wood is 40.1 years.
The average high temperature in July is 93 degrees, with an average low temperature in January of 33.6 degrees. The average rainfall is approximately 26.7 inches per year, with 0 inches of snow per year.