Hillsboro, TX 76645,701 E Elm Street
Hillsboro, TX 76645,701 E Elm Street
Hillsboro, TX 76645,701 E Elm Street
34
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$199,900
Est. payment /mo
2 Beds
2 Baths
1,247 SqFt
Active

701 E Elm Street Hillsboro, TX 76645

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,247 sqft

Subdivision Parks

MLS Listing ID 21072727

Bedrooms 2

Full Baths 2

HOA Y/N None

Year Built 1945

Annual Tax Amount $1,952

Lot Size 7,797 Sqft

Acres 0.179

Property Sub-Type Single Family Residence

Property Description

Turnkey Investment property! The main house is 2bed 2bath and rented long term at $1,250 per month and the ADU is 1bed 1bath and is rented long term for $600 per month, providing $22,200 annually with a gross cap rate of 9.66%! Low maintenance setup with excellent rental history! New roofs in 2022. Amazing location, close access to I-35 and downtown Hillsboro, easy commute to Waco and Fort Worth. Do not miss out on this rare opportunity!

Location

State TX

County Hill

Direction On the corner of Elm Street and Park Street.

Rooms

Dining Room 1

Interior

Interior Features Cable TV Available, High Speed Internet Available, Natural Woodwork, Open Floorplan

Appliance Dryer, Gas Cooktop, Gas Oven, Gas Range, Plumbed For Gas in Kitchen, Washer

Exterior

Exterior Feature Covered Patio/Porch

Carport Spaces 1

Utilities Available Asphalt, City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Underground Utilities

Total Parking Spaces 1

Garage No

Building

Story One

Level or Stories One

Schools

Elementary Schools Hillsboro

High Schools Hillsboro

School District Hillsboro Isd

Others

Ownership Rick Redmond

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21072727


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Bryan Redmond • Red Realty TX, LLC

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Jaime Munoz

Jaime Munoz

Agent/Investor & Mentor | License ID: 780688

+1(817) 715-7830

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701 E Elm Street