1375 Main Street

Liberty Hill, TX 78642

About this property

Duplex Investment Opportunity Across from Liberty Hill Elementary, Rent Already in Place on One Side. This Liberty Hill duplex sits directly across Main St from Liberty Hill Elementary, a location that keeps both sides easy to lease and easy to sell down the road. Two mirror-image units, each 3 bedrooms and 2 baths, each with its own 1-car garage and privacy-fenced side yard. Unit B is occupied and paying $1,550 a month, giving you income from day one. Unit A is vacant, which means you set the rate. List it at today's market rent and the numbers likely beat Unit B's lease, or move in yourself and let Unit B's rent chip away at the mortgage. Either path pencils. Construction favors the owner who doesn't want a maintenance list. Rock exterior on both units cuts down on repainting and repair calls. Laminate flooring runs throughout, standing up to tenant turnover far better than carpet. Blinds are already installed. Each unit has its own indoor utility room for a washer and dryer, a detail tenants and buyers ask for and don't always get. For an investor: two units, one roof, one insurance policy, and a rent roll that starts at $1,550 with room to grow on the vacant side. For an owner-occupant: live in Unit A, collect Unit B's rent, and let a school-front address do the work of finding your next tenant when you're ready to move on. Numbers work whether you fill both sides or live in one.

About this property

Duplex Investment Opportunity Across from Liberty Hill Elementary, Rent Already in Place on One Side. This Liberty Hill duplex sits directly across Main St from Liberty Hill Elementary, a location that keeps both sides easy to lease and easy to sell down the road. Two mirror-image units, each 3 bedrooms and 2 baths, each with its own 1-car garage and privacy-fenced side yard. Unit B is occupied and paying $1,550 a month, giving you income from day one. Unit A is vacant, which means you set the rate. List it at today's market rent and the numbers likely beat Unit B's lease, or move in yourself and let Unit B's rent chip away at the mortgage. Either path pencils. Construction favors the owner who doesn't want a maintenance list. Rock exterior on both units cuts down on repainting and repair calls. Laminate flooring runs throughout, standing up to tenant turnover far better than carpet. Blinds are already installed. Each unit has its own indoor utility room for a washer and dryer, a detail tenants and buyers ask for and don't always get. For an investor: two units, one roof, one insurance policy, and a rent roll that starts at $1,550 with room to grow on the vacant side. For an owner-occupant: live in Unit A, collect Unit B's rent, and let a school-front address do the work of finding your next tenant when you're ready to move on. Numbers work whether you fill both sides or live in one.

Features and Additional Information

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$424,000 Active
2,224 sqft

Presented By Coldwell Banker Commercial Gateway

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Area Information

| Williamson County | Purser Estates

$ 424,000
This listing is play_arrow 0.0% lower than the average in the area
$ 424,000 in the area
2,224 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
2,224 SqFt in the area
$ 191 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 191 $/SqFt in the area
6 days on site
This listing is play_arrow 0.0% below the average in the area
6 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Shane White
Brokerage: RE/MAX Town & Country

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