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Listed price in listed location currency (USD).
$275,000

850

MLS® 613629

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2633 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1923
Avg. Price Per Sqft $104
MLS® Number 613629

Property Address: 2507 E Adams Ave, Temple, TX, 76501-4685

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity! Rare chance to own 3 dwellings on 1 acre — nearly impossible to find at this price point. Each home has its own septic system, and all roofs are approximately 3–4 years old. Property Features – 3 Dwellings • Dwelling 1: 816 sqft, 3 bed / 1 bath • Dwelling 2: 704 sqft, 2 bed / 1 bath • Dwelling 3: 1, 113 sqft, 3 bed / 2 bath All three units are currently rented with leases in place, making this a true turnkey cash-flowing asset for investors looking to park cash and generate immediate income. Current rents: • Dwelling 1: $950/mo • Dwelling 2: $900/mo • Dwelling 3: $1, 100/mo Total monthly income: $2, 950/mo | Annual gross income: $35, 400/year At approximately $275, 000 with a minimum 20% down conventional investment loan at 7% interest on a 30-year fixed rate, estimated principal and interest payment is approximately $1, 465/mo before taxes and insurance. This property offers an impressive approximately 12.9% gross cap rate with rents producing roughly double the estimated principal and interest payment, creating exceptional cash flow potential from day one. Properties with 3 dwellings on 1 acre at this price are extremely hard to come by. Great opportunity for investors looking to expand their portfolio with an income-producing property.
MLS® Number613629
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1923
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 15, 2026List Date
$275,000List Price
  • Commute

Commute

Starting Address
Destination Address
2507 E Adams Ave, Temple, TX

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