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Horseshoe Bay,TX 78657
Key Details
Property Type Commercial
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,044 sqft
Price per Sqft $159
Subdivision Stonewood Townhomes
MLS Listing ID 7608828
Originating Board actris
Year Built 1997
Tax Year 2024
Lot Size 0.740 Acres
Acres 0.74
Property Description
Seize the opportunity to own the entire Stonewood Townhomes complex, a prime investment property set on a .74-acre parcel in the highly desirable Horseshoe Bay. This exceptional multi-unit offering consists of three buildings with a total of eight units, seven of which are currently leased, providing immediate cash flow. The absence of costly monthly HOA fees adds to the financial appeal of this investment. The property features two triplexes, each housing three single-level 1 bedroom, 1.5 bath units with 884 sq. ft. of living space. These well-designed townhomes boast an open floor plan that offers comfort and convenience, ideal for attracting long-term tenants. Additionally, the complex includes a duplex with two spacious two-story units, each featuring 2 bedrooms, 2 baths, and an attached single-car garage. These larger units, with 1,370 sq. ft. of living space, feature vaulted ceilings, a fireplace, and a loft area, perfect for small families or professionals seeking extra space and privacy. This investment property is well-maintained and situated in a thriving area, promising steady rental demand. With its mix of unit types and consistent occupancy, Stonewood Townhomes represents a robust investment opportunity with stable cash flow and potential for capital appreciation. Whether expanding your portfolio or entering the rental market, this property offers a strategic foothold in a growing community. Schedule a viewing and take the first step towards securing this investment opportunity.
Location
State TX
County Llano
Interior
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air
Flooring Carpet,Concrete,Laminate,Tile
Fireplace No
Exterior
Utilities Available Electricity Connected,Phone Available,Sewer Available
View Hill Country
Total Parking Spaces 12
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction No
Others
Special Listing Condition Standard