3115 E Diamondhead Avenue, Mission, TX 78573

$384,999
3,640
SqFt

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List Price
$384,999
Status
ACTIVE
MLS#
506305
Year Built
2007
Living Area
3,640
Lot Size
9,557
Acres
0.22
Subdivision
El Milagro Estates
MLS Area Major
Mission

Property Description

Turnkey | Fully Occupied Fourplex | BRAND NEW ROOF. ---> offering immediate cash flow in a desirable location within walking distance of Jensen Elementary. This well-maintained property features four 2-bedroom, 2-bath units with current rental income of $3,400/month (A: $850, B: $850, C: $900, D: $800). Over $58,000 has been invested in recent improvements, including a brand-new roof, complete exterior repaint, security cameras, exterior lighting, cleaned A/C condenser units and dryer vents, new thermostats, new washers and dryers in Units B & D, and a fully renovated Unit D. Located on a street with newer multifamily properties, this investment offers stable occupancy, strong rental demand, low deferred maintenance, and future upside through market rent increases. A great opportunity for both seasoned and first-time investors.

Additional Information

Amenities
Curbs, Sidewalks
Interior Features
Ceiling Fan(s), Crown/Cove Molding, Decorative/High Ceilings, Dryer, Microwave, Walk-In Closet(s), Washer
Exterior Features
Mature Trees
Taxes
$7,026
Appliances
Electric Water Heater, Dryer, Other, Stove/Range, Washer
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Stories
1
Foundation
Slab
Parking Features
Attached, Garage Faces Rear
School District
Sharyland ISD
Elementary School
Jensen
Middle School
Sharyland North Junior
High School
Sharyland Pioneer H.S.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Nacole Ricks with Exp Realty Llc