Courtesy: McKinnerney Real Estate
Own a set of four renovated rental homes in a nice hill country setting. All four homes are set on 1.5 +- acres and each home has its own electric pole. There is also a water well (100 GPM) on the property that supplies water to the homes. This property is one mile from the town of Cherokee, and is in the Cherokee ISD School District. It is within 1.5 hours (91.8 miles) from Austin, TX. and a short drive to either Llano(16.9 miles) or San Saba (15.7 miles). The first home (Unit A) is 1216 sq ft with 3 Bed 2 Bath. The second home (Unit B) is 900 sq ft with 2 Bed 2 Bath. The third home (Unit C) is 1064 sq ft 2 Bed 2 Bath. The fourth home (Unit D) is 840 sq ft, 2 Bed 1 Bath. This property also has room for additional homes if the buyer chooses to add new units. This would be a good opportunity for a buyer who wants to own rental property. (( There is an additional 5.5 +- acres available along with a 2nd well))
Cherokee is located in Texas. Cherokee, Texas has a population of 691. Cherokee is more family-centric than the surrounding county with 44.96% of the households containing married families with children. The county average for households married with children is 26.18%.
The median household income in Cherokee, Texas is $38,646. The median household income for the surrounding county is $46,927 compared to the national median of $69,021. The median age of people living in Cherokee is 39.7 years.
The average high temperature in July is 93.9 degrees, with an average low temperature in January of 32.8 degrees. The average rainfall is approximately 29.9 inches per year, with 0.7 inches of snow per year.
