129 Second St
Lake City, TX 78368

Description

REDUCED!!! PRICED WAY BELOW TAX APPRAISAL VALUE, THIS INVESTMENT PROPERTY IS ON A LARGE CORNER LOT AND CONSISTS OF 3 RENTAL PROPERTIES--1 HOME DESCRIBED IN THE MLS(THAT RENTS FOR $500 PER MONTH, AND 2 MANUFACTURED HOMES(1972 & 1962) THAT EACH RENT FOR $400 PER MONTH. ONE IS 720 SQ.FT AND THE OTHER IS 672 SQ. FT. THE HOME AND ONE OF THE MANUFACTURED HOMES ARE NOT PRESENTLY RENTED BUT ONE OF THE MANUFACTURED HOMES IS. BOTH MAN. HOMES HAVE COMPOSITION ROOFS, STICKY TILE FLOORS AND PANELING. ONE HAS A SEPARATE UTILITY ROOM AND WINDOW UNITS, CEILING FANS, A FURNACE, A GAS RANGE/OVEN AND IS 2 BR/1BA. THE OTHER ONE HAS A NEW HVAC SYSTEM, AN ELECTRIC RANGE/OVEN AND IT IS 2BR/1 AND A HALF BATHS. THIS PROPERTY IS PRICED NOT MUCH ABOVE THE APPRAISAL DISTRICT PRICE!!! PARK YOUR RV UNDER THE COVERED PARKING AREA! SEVERAL STORAGE BUILDINGS/WORKSHOPS. TAKE A LOOK INVESTORS!!! PROPERTY IS PRICED 36% BELOW COUNTY APPRAISAL VALUE!

Details

MLS#326339
StyleHouse
Sub-TypeResale
StatusPending
Year1955
Days On Site330

Features

Bed(s)7
Bath(s) 3 Full, 1 Half
SQ Feet2,153
Story(s)1
Acreage0.61

Loading Form

Loading Form

Area Information

StateTX
CountySan Patricio County
CityLake City
Zip Code78368
AreaSan Patricio County
Community NameMATHIS-MESQUITE ACRES 1
School DistrictMathis ISD
Elementary SchoolMathis
Middle SchoolMathis
High SchoolMathis
Listing VS Median (in MATHIS-MESQUITE ACRES 1)
Price:
$56,300
low | high
Med:
$56,300
50% of Average
SqFt:
2,153
low | high
Med:
2,153
50% of Average
$ / SqFt:
$26
low | high
Med:
$26
50% of Average
On Site:
330
low | high
Med:
330
100% of Average
Listing Updated: 02/14/2019
MLS Number: 326339
Listing Provided By:
Linda Barnes  of  Lloyd Barnes Real Estate Team