* Interesting Set-Up for Investment Property or a Family Compound * on 10.2 Beautiful Acres (Approx 276' w x 1615' deep) that is Fully Pipe Fenced w/2-Decorative Gated Entries w/ Lots of Mature trees & NO Restrictions or City taxes on a "Shared 30' Wide Private Road" located near the Corner of Loop 1604 S & I-H 37..Very Private Setting ...4-Mfdg Homes Totaling Approx 4350sf of Living Space w/Plenty of Room for More Homes And/Or RV Park/Storage Facility Etc...Hm #1 is a 2002 1232sf w/3-Bd & 2-Ba w/Separate Electric from CPS & Water Meter from SAWS...Hm #2 1995 1216sf 3-Bd & 2 Ba that Also has Separate Electric & Water Meter...Hm #3 2024 1038sf w/3-Bd & 2-Ba 1038sf & Hm #4 2024 902sf w/3-Bd & 2-Ba have 1 Electric Meter & 1-Water Meter...All 4 Homes are in Great Shape and occupied at a Monthly Income of Approx $4200 /$50,400 a yr....(However the Rental Market Analysis for this Area suggests that they could rent for more) Taxes for the 10.2 Acres & 2-Mfdg Hm's is Approx $3,720 a Year..The 2 New Homes have not been assessed by the county yet.....Additional Water Meters are Available from SAWS (water provider) as is Extra Electric Meters from CPS..**AGAIN IDEAL SET-UP THAT ALLOWS FOR ADDITIONAL INCOME**
Courtesy of Foster Family Real Estate
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