$275,000
For Sale
2206 sqft | 5 beds | 3 baths | 0.96 acres | #1862374
Type:Purchase
Structure:House
Zone:Residential

Description

Investor's Dream Near the Lake - Income Potential Galore! Don't miss this rare opportunity to own a versatile three-story home on nearly 1 acre (0.96 acres) spread across three lots, just minutes from the lake! Perfect for investors or those looking to house hack, this property offers dual living potential with 5 bedrooms and multiple income-generating options. The bottom level features a separate entrance, a full kitchen, and private living space-ideal for a rental unit, in-law suite, or Airbnb. The second and third floors offer a spacious layout with 2 bedrooms and 2 bathrooms, providing additional rental or owner-occupied options. A 700 sq. ft. shop on the property adds even more value for storage, hobbies, or potential rental income. One of the three lots could be subdivided and sold separately, offering extra return on investment. This is a unique find with plenty of upside, just a stone's throw from the lake. Live in one unit and rent the other, or maximize your cash flow by leasing both!

  • Property Details
      • SubdivisionROLLING HILLS ESTATES 1
      • Property SubtypeSingle Family Detached
      • Middle SchoolMountain Valley
      • Elementary SchoolSTARTZVILLE
      • High SchoolCanyon Lake
      • Property TypePurchase
      • StyleA-Frame
      • MLS #1862374
      • MLS #1862374
      • Cost275000
      • School DistrictComal
      • Acres0.96
      • Square Feet2206
      • Year Built1988
      • Bedrooms5
      • Bathrooms3
      • Full Baths3

Location

Texas Land TeamReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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