Address
85 Kalyn RD, Huntsville, TX
Price
$ 575,000
Property Attributes
  • MLS#20364276
  • TypeMulti-Family
  • CountyWALKER
  • CityHuntsville
  • Zip77340
  • StyleMultiple Single Units
  • Price$ 575,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Lot Size2 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Unique Investment Opportunity! This established 8-unit multifamily property is located only minutes from Huntsville. It includes 5 mobile homes and 3 site-built homes on 2 acres of property with paved road frontage. Both the 2 bedroom, 2 full bath homes were built in 2017 with the remaining units from the 1980s. All units are currently on community water, but there is also an existing well onsite. Three units utilize aerobic septic with the remaining 5 on conventional. The seller has been actively involved in maintaining the property, and there have been updates to many of the older units. There is strong rental demand in this area at this price point; units rent quickly. Do not miss this opportunity. Contact us today!

Elementary School
Huntsville Elementary School
Price History
6/23/2023 Listed $575,000

General Features

Heating Central,Electric
Complex Name NA
Cooling Central Air,Electric,Window Unit(s)
Utilities Aerobic Septic,Electricity Available
Possession Closing/Funding
Roof Other
Appliances Refrigerator,Other
School District Huntsville ISD
Capitalization Rate 9.27
Year Built 2017
Levels One
Will Subdivide No
Gross Annual Expenses 7883.00
Property SubType Multiple Single Units
Subdivision Name NA
County Walker
Operating Expense Includes Maintenance,Water/Sewer,Other
Property Type Residential Income
Construction Materials Aluminum Siding,Other
Year Built Details Preowned
HOA Type None
# of Buildings 8
Status Active
Directions From Houston: Follow IH 45 North to exit 102,Exit on FM 1375 towards SH 75,.5 mile turn left on SH 75N,5.3 miles turn right on FM 2296,7.4 miles turn right on US 190E,.8 mile turn right on Kalyn Rd.,
City Huntsville
Buyer Agent Compensation 3
Elementary School Name Huntsville
High School Huntsville
Street Name Kalyn RD
Elementary School Huntsville
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20364276
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Other
Flooring Other
Total Units 8
Lock Box Type None
Window Features Window Coverings

Exterior Features

Lot Features Acreage
Parking Features On Site
Lot Size 1 to < 3 Acres
Foundation Other
Lot Size Area 2.0000
Number Of Parking Spaces 2
Lot Size Units Acres
Building Area Total 7024.00
Lot Size Square Feet 87120.0000
Lot Size Acres 2.0000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 77340

Price
AVG $550K
$580K
Visits
AVG 238
331
Data Provided by Inside Real Estate®
Year Built
AVG 1996
2017

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