555 Hwy 326 Sour Lake

Sour Lake, TX 77659

$1,490,000
Price
3
Beds
2
Baths
10,592 Sq. Ft.
$141 / Sq. Ft.
10,592
Sq. Ft.
$141
per Sq. Ft.
a front view of a house with a big yard and large trees
a view of swimming pool with a yard
a view of a house with a yard and sitting area
a view of water heater and living room
a large kitchen with granite countertop a stove top oven a sink dishwasher and a refrigerator with wooden floor
a kitchen with a refrigerator and white cabinets
a bathroom with a sink and a mirror
a view of kitchen with stainless steel appliances refrigerator stove microwave and cabinets
a kitchen with kitchen island a refrigerator a stove a microwave and wooden floor
a kitchen with a sink stainless steel appliances and white cabinets
a kitchen with a stove a sink and a refrigerator
a view of a hallway with wooden floor and windows
a view of entryway
an empty room with wooden floor ceiling fan and windows
an empty room with wooden floor chandelier and windows
wooden floor in an empty room
a view of walk in closet with empty racks
a bathroom with a double vanity sink mirror and toilet
an empty room with wooden floor and windows
an empty room with wooden floor & windows
an empty room with wooden floor and windows
a view of an empty room
a bathroom with a sink a toilet and a bathtub
a utility room with dryer and washer
unknown
an aerial view of a house
a view of a swimming pool with a patio
an aerial view of a house with a swimming pool

Description

Incredible investment opportunity with great cap rate in this FULLY OCCUPIED 8 unit complex! Only 2 years young in Hardin-Jefferson School District. Currently generating $12,400/month gross income. (that's almost $150,000 income per year!) Tenants cover their own utility payments. Each unit is identical: 1,324 sq ft, 3 bedrooms, 2 ½ bathroom, 1 car garage plus driveway parking for 2 more, primary suites have fully tiled shower/walk in closet/double sink vanity, has their own water and electric meters,...Incredible investment opportunity with great cap rate in this FULLY OCCUPIED 8 unit complex! Only 2 years young in Hardin-Jefferson School District. Currently generating $12,400/month gross income. (that's almost $150,000 income per year!) Tenants cover their own utility payments. Each unit is identical: 1,324 sq ft, 3 bedrooms, 2 ½ bathroom, 1 car garage plus driveway parking for 2 more, primary suites have fully tiled shower/walk in closet/double sink vanity, has their own water and electric meters, comes with laundry appliances(washer & dryer), stainless kitchen appliances, granite countertops, kitchen island, and covered back patio. Just minutes to Hardin Jefferson school. Tax and insurance costs on file to calculate your return on investment. Because this property is only 2 years old, your maintenance costs will be little to none!
  1. Listed by John Arcana • TREC #0662209 • RE/MAX ONE

Property Details for 555 Hwy 326 Sour Lake

Area
49
Subdivision
Electric Add
School District
163 - Hardin-Jefferson
Cool System
Central Electric
LISTING UPDATED: 11/25/2024 08:41 AM

Property Details for 555 Hwy 326 Sour Lake

StatusActive
MLS #62460080
Days on Market42
Taxes$21,997 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Plus
Year Built2022
Lot Size-
CountyHardin County

Building Information for 555 Hwy 326 Sour Lake

Stories2Residences1Year Built2022Building Size-Lot Size-

Property Information for 555 Hwy 326 Sour Lake

Description Information
School Details
  • School Elementary: SOUR LAKE ELEMENTARY SCHOOL
  • School Middle: HENDERSON MIDDLE SCHOOL (HARDIN JEFFERSON)
  • School High: HARDIN-JEFFERSON HIGH SCHOOL
Building Details
  • Stories: 2
  • Unit Total: 8
  • Front Door Faces: West
  • New Construction: No
  • Year Built Src: Builder
Lot Information
  • Sq Ft Source: Builder
  • Section Num: 0
  • Parcel Number: 006900-008950
Parking
  • Parking Features: Garage Parking, Paved Area
  • Parking Unit: One
Unit Information
Unit 1
  • Unit Type: 3 Bedrooms
Interior Exterior Utilities and Additional Information
Interior Features
  • Microwave: Yes
  • Dishwasher: Yes
  • Disposal: Yes
  • Energy: Ceiling Fans
  • Floors: Vinyl
  • Misc Features: Private Entry, Washer/Dryer Connections
Exterior Features
  • Lot Description: Corner
  • Roof: Composition
  • Siding: Brick, Cement Board, Stone
  • Heat System: Central Electric
  • 55+ Community: No
Financial Information
HOA and Fees
  • Maintenance Fee: No
  • Fee Other: No
  • Tax Year: 2024
  • Tax Rate: 2.00%
Financial Information
  • Tenancy Type: 1 Year, Month to Month

Property History for 555 Hwy 326 Sour Lake

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 555 Hwy 326 Sour Lake

This home is within Hardin-Jefferson Independent School District.
Rating
School
Type
Grades
Distance
Sour Lake Elementary School
Public - PK to 5
Henderson Middle School
Public - 6 to 8
Hardin-Jefferson High School
Public - 9 to 12
New Ae
Public - 12
Rating
School
Distance
Sour Lake Elementary School
PublicPK to 5

Henderson Middle School
Public6 to 8

Hardin-Jefferson High School
Public9 to 12

New Ae
Public12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 555 Hwy 326 Sour Lake, Sour Lake, TX 77659

555 Hwy 326 Sour Lake is a multi-family home for sale in Sour Lake, TX 77659. This property was listed for sale on November 25, 2024 by RE/MAX ONE, it's currently listed at $1,490,000. This listing's school district is Hardin-Jefferson Independent School District. Nearby schools include Sour Lake Elementary School, Henderson Middle School and Hardin-Jefferson High School. 555 Hwy 326 Sour Lake is a 3-bed, 2-bath, 10,592 sqft multi-family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX ONE, John Arcana, TREC #0662209

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