Cisco, TX 76437,300 W 11th Street
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Cisco, TX 76437,300 W 11th Street
Cisco, TX 76437,300 W 11th Street
Cisco, TX 76437,300 W 11th Street
Cisco, TX 76437,300 W 11th Street

$120,000

Est. payment /mo
Est.Price: ?

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300 W 11th Street Cisco, TX 76437

2 Beds

2 Baths

4,486 Sqft Lot

SOLD DATE : 10/10/2023

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Ot Cisco

MLS Listing ID 20362227

Sold Date 10/10/23

Bedrooms 2

Full Baths 2

HOA Y/N None

Total Fin. Sqft 812

Year Built 2005

Annual Tax Amount $642

Lot Size 4,486 Sqft

Acres 0.103

Property Description

Introducing 2 impeccably maintained & income-producing tiny homes nestled in the charming town of Cisco, TX. These properties offer an excellent investment opportunity with a cap rate approaching 8% & the potential for even higher returns. With their small footprint, these homes are incredibly easy to maintain, making them an ideal choice for savvy investors seeking hassle-free ownership. Unit 300 is a 392 sf cabin built in 2016 by Lelands in Stephenville. This 1 bed, 1 bath open concept home is turnkey and move in ready. Currently vacant, this tiny home is ready for new owner to set rent rate which averages $700 per month. Unit 300 B has a tenant that is month to month at a rate of $675 per mo & tenant has lived there for several years. Built in 2013, this 420 sf unit offers a nice open concept floorplan with loft bedroom, full kitchen & bath. Until owner decided to sell, occupancy has consistently stayed at 100% with reliable, long-term tenants. See Transaction Desk for more details.

Location

State TX

County Eastland

Direction GPS Friendly

Interior

Interior Features High Speed Internet Available, Loft, Open Floorplan, Vaulted Ceiling(s)

Heating Electric, Floor Furnance, Wall Furnace

Cooling Ceiling Fan(s), Wall Unit(s), Wall/Window Unit(s)

Flooring Ceramic Tile, Laminate, Vinyl

Appliance Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan

Heat Source Electric, Floor Furnance, Wall Furnace

Exterior

Fence Back Yard, Chain Link, Fenced, Front Yard, Privacy

Utilities Available City Sewer, City Water, Sidewalk

Roof Type Metal

Garage No

Building

Lot Description Corner Lot, Few Trees

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Wood

Schools

Elementary Schools Cisco

High Schools Cisco

School District Cisco Isd

Others

Ownership Of Record

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Seller Financing

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Michelle Reed • Trinity Country Real Estate
Bought with Laine Johnson • CAPSTONE REAL ESTATE

Cindy & Mark Baglietto

Broker Associate | License ID: 0489689

+1(972) 989-4112

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