9600 sqft | 0.49 acres | #5139407
Description
The Navidad properties are located ~10 minutes from the main campus of Texas A&M University and are located on the school bus route. Hybrid short-term/mid-term incoming producing property. Mid-term leases of 1-6 months from all over the world who come to the campus for research and engineering projects. There is a referral department at the University that also refers clients to the property. The lucrative seasonal sports rentals are a primary source of increased income-producing activity for Aggie home game weeks from September to November. There are two storage sheds behind the buildings that are rented for $45/month.
12 Spacious Units: Each has two bedrooms and one bath. There are three fourplexes.
7 Units Are Furnished: Furnished units include everything a typical short-term guest would need to be comfortable - including kitchen, TVs, washer/dryer, bedroom sets, etc.
5 Units are Unfurnished: Unfurnished units are designed as mid-term spaces where tenants pay dynamic market rents. Units are generally rented for 1-5 months each.
Strong Rental Demand: Prime location near Texas A&M University ensures consistent demand for short and mid-term rentals.
Solid Income Potential: Proven track record of stable rental income and potential for appreciation.
Well-Maintained Property: Regular upkeep and maintenance to maximize property value.
Don't miss this chance to own a profitable investment property in one of Texas's most dynamic cities. Contact us today to schedule a tour!
Interior Details
- InteriorRecessed Lighting
Property Details
- Exterior MaterialsLighting, Uncovered Courtyard
- Lot DescriptionModerate Trees
Measurements
- Acres0.4931
- Square Feet9600
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1979
Material information
- FoundationSlab
Utilities / Energy Details
- Utility FeaturesElectricity Available, Electricity Connected, Sewer Connected, Sewer Not Available
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionVilla West Phase I
Location
- Elementary SchoolOutside School District
- Middle SchoolOutside School District
- High SchoolOutside School District
- School DistrictBryan Isd
- CountyBrazos
Financial Details
- Original List Price$1,900,000
- Taxes Annual$15,573
- Days on Market (Cumulative)8
Restrictions
- Pets1
Other
- MLS #5139407
Location
Legal
Based on information submitted to the MLS GRID as of 2024-11-19 01:11:47 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Amy Beck (#815336), Phone: (512) 868-0403
Listing Office: ERA Colonial Real Estate (#3060)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.