1428 N Cesar Chavez Road Unit #1, Alamo, TX 78516

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List Price
$1,695,000
Status
ACTIVE
MLS#
515524
Year Built
2007
Living Area
2,868
Lot Size
21,780
Acres
0.50
Subdivision
Alamo Land & Sugar Co
MLS Area Major
Alamo

Property Description

Unique mixed-use investment opportunity situated on approximately 5 acres across three parcels with frontage on N. Cesar Chavez Road. The property includes 10 income-producing rental units currently generating approximately $6,000 per month in gross rental income, a vacant commercial building, a main residence of approximately 2,100 square feet with a swimming pool, and a second residence of approximately 1,001 square feet. The pool, barn and covered gathering area have also been rented for private events, creating an additional potential income stream. Approximately half of the acreage remains available for future use or development. Multiple existing and potential revenue sources make this an attractive opportunity for an investor or owner-operator. Buyer to independently verify all measurements, income, permitted uses and development potential.

Additional Information

Exterior Features
BBQ Pit/Grill, Motorized Gate
Taxes
$4,053
Appliances
Electric Water Heater
Heating
Central
Air Conditioning
Central Air, Window Unit(s)
Stories
1
Parking Features
Blacktop, Dirt, Garage, Paved
Garage Spaces
50

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Raymundo Martinez with Effective Real Estate