Skip To Content
Texas Real Estate Commission Consumer Protection Notice

    104 Redbud Lane

    Quitman, TX 75783
    • $149,000
    • STATUS: Active Option Contract
    • ON SITE: 18 days
    • MLS #: 14558649
    Under Contract
    UPDATED: 79 min ago
    $149,000
    • 2
      BEDS
    • 0.3
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Information

    Elementary School:
    High School:
    School District:
    Offered by Ronald Mahaffey of Texas Premier Realty.

    Description

    Here is a 2 unit, income producing property. Both units are about 7 months into a one year lease. Both units were built as 2 bedroom, 2 bath units with a one car garage. In one of the units the garage was enclosed to make a 3rd bedroom. Both units have a kitchen dining combo, living area and a bath downstairs and 2 bedrooms and a bath upstairs along with an outdoor porch area. There is a new roof on the property and exterior soffit work has recently been completed. This is an excellent opportunity to purchase a property that will pay for itself and produce some additional income.

    Monthly Payment Calculator



    © 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices PenFed Realty Texas. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices PenFed Realty Texas are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-05-10T17:39:58.013.
    www.rhodesteamtexas.com/homes/116321966
    Print Image

    104 Redbud Lane Quitman, TX 75783

    • Price: $149,000
    • Status: Active Option Contract
    • Updated: 79 min ago
    • MLS #: 14558649
    2
    Beds
    2
    Baths
    0
    ½ Baths
    0.3
    Acres
    Neighborhood:
    Quitman Townsites
    County:
    Wood
    Area:
    Wood County
    Elementary School:
    Quitman
    High School:
    Quitman
    School District:
    Quitman ISD
    Property Description
    Here is a 2 unit, income producing property. Both units are about 7 months into a one year lease. Both units were built as 2 bedroom, 2 bath units with a one car garage. In one of the units the garage was enclosed to make a 3rd bedroom. Both units have a kitchen dining combo, living area and a bath downstairs and 2 bedrooms and a bath upstairs along with an outdoor porch area. There is a new roof on the property and exterior soffit work has recently been completed. This is an excellent opportunity to purchase a property that will pay for itself and produce some additional income.
    Exterior Features

    Construction Brick Exterior Features Covered Porch(Es) Fence None Foundation Pier & Beam Lot Description Acreage Parking Or Garage Area AssignedFront Parking Spaces 4 Pool On Property No Roof Composition

    Interior Features

    Flooring CarpetLaminate Handicap YN No Heating Central Air-ElecWindow Unit Interior Features Other Kitchen Equipment Cooktop - Electric Sq Ft Building 2480

    Property Features

    Building Area Source Tax Buildings 1 Complex Name Quitman Townsites Construction Status Preowned Gross Annual Expenses 0 Gross Annual Income 15000 HOA None Insurance Expense 0 Junior High School Quitman Municipal Utility District No Net Annual Income 15000 Possession Closing/Funding Property Type Mul-Full Duplex Proposed Financing CashConventionalConventional AssumableFhaFixed Tenancy 9 Months Or Less Unit Count 1 Utilities City SewerCity Water Will Subdivide No

    Listing information © 2021 North Texas Real Estate Information System.


    © 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices PenFed Realty Texas. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices PenFed Realty Texas are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-05-10T17:39:58.013.
     
    https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_14558649-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_14558649-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_14558649-2.jpg
    Logo
    Berkshire Hathaway HomeServices PenFed Realty Texas
    3624 Long Prairie Road, Suite 100
    Flower Mound TX, 75022
    Offered by Ronald Mahaffey of Texas Premier Realty.