Amazing investment opportunity! 8 rental units located on one acre just 2 miles from city center. These nearly new properties where completed in 2020 and show virtually no wear, offering the new owner what should be years of trouble free use. Property consists of 4, one bedroom, one bath units, 2 stand alone two bedroom, one bath units and a duplex with 2, two bedroom, one bath units. All custom built by a highly respected, local homebuilder. Slab construction with metal roofs. The one bedroom units have a single mini-split, while the two bedroom units have two mini-split AC systems. Each has its own electrical meter. Public water system. 6 individual septic systems, all of which were pumped out prior to listing. All units are occupied and renters would like to stay on with new owner. 1Br properties rent for $650, while the 2Br units bring in $900 per month for a total income of over $74,000 per year. Being just outside the city, property taxes are low, maximizing profits.
Affordable Duplex! Located just 5 blocks South of Main St, this property is a fantastic investment opportunity for any investor, but with it's low purchase price and low property taxes, it would be a great property for a first time investor to get started on building wealth. The main home is a 2 bedroom, 1 bath home with central ac and heat. Just behind it is a totally remodeled, 1 bedroom, 1 bath home with laundry room. Both units are occupied and tenants would love to stay. Current rental income is 875 a month for the 2 bedroom and 625 for the 1 bedroom unit. Both located in a good, residential neighborhood.
Uvalde is located in Texas. Uvalde, Texas has a population of 15,374. Uvalde is more family-centric than the surrounding county with 31.86% of the households containing married families with children. The county average for households married with children is 30.71%.
The median household income in Uvalde, Texas is $46,439. The median household income for the surrounding county is $51,602 compared to the national median of $69,021. The median age of people living in Uvalde is 32.4 years.
The average high temperature in July is 95.5 degrees, with an average low temperature in January of 38.8 degrees. The average rainfall is approximately 24.3 inches per year, with 0 inches of snow per year.