Courtesy: RE/MAX ONE
409-860-3200
Incredible investment opportunity with great cap rate in this FULLY OCCUPIED 8 unit complex! Only 2 years young in Hardin-Jefferson School District. Currently generating $12,400/month gross income. (that's almost $150,000 income per year!) Tenants cover their own utility payments. Each unit is identical: 1,324 sq ft, 3 bedrooms, 2 ½ bathroom, 1 car garage plus driveway parking for 2 more, primary suites have fully tiled shower/walk in closet/double sink vanity, has their own water and electric meters, comes with laundry appliances(washer & dryer), stainless kitchen appliances, granite countertops, kitchen island, and covered back patio. Just minutes to Hardin Jefferson school. Tax and insurance costs on file to calculate your return on investment. Because this property is only 2 years old, your maintenance costs will be little to none!
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Sour Lake is located in Texas. Sour Lake, Texas has a population of 2,322. Sour Lake is less family-centric than the surrounding county with 28.65% of the households containing married families with children. The county average for households married with children is 30.51%.
The median household income in Sour Lake, Texas is $55,563. The median household income for the surrounding county is $65,347 compared to the national median of $69,021. The median age of people living in Sour Lake is 30.7 years.
The average high temperature in July is 92.6 degrees, with an average low temperature in January of 40.3 degrees. The average rainfall is approximately 60.2 inches per year, with 0.1 inches of snow per year.
