Address
83 Roots Road, Martindale, TX
Price
$ 920,000
Property Attributes
  • MLS#511881
  • TypeSingle Family
  • CountyCALDWELL
  • CityMartindale
  • Zip78655
  • StyleManufactured Home
  • Price$ 920,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2788
  • Lot Size3 Acres
Data Source:
Central Texas / Four Rivers Association of REALTORS® (CTXMLS)
Property Description

Rare turn key investment property! Income producing mobile home park for sale: total of three acres with 6 units. With no restriction or zoning, this 100% occupied property is at 7.5% Cap Rate! This low maintenance cash flow property is located minutes away from Toll 130 & IH-35 and nearby big franchises. Surveys for each parcel available. Even with gross income of $8294 monthly, there's room for higher income to meet the market!

Price History
6/22/2023 Listed $920,000

General Features

Accessibility None
Additional Parcels Y/N No
Appliances ElectricWaterHeater
Architectural Style ManufacturedHome
Association Y/N No
Attached Garage No
Body Type DoubleWide, SingleWide
Body of Water Water View
Carport Spaces 0.0
Carport Y/N No
City Martindale
Community Features Gated
Construction Materials Other, SeeRemarks, VinylSiding
Cooling Item1Unit
County Caldwell
Days on Market 5
Directions From I35S, turn left onto TX-80S/E Hopkins St. Turn left onto W Ridge Rd then onto Ridge Loop. Turn left onto Roots Rd.
Elementary School District San Marcos Cisd
Garage Spaces 0.0
Garage Y/N No
High School District San Marcos Cisd
Home Warranty Y/N No
Interior Features CeilingFans, KitchenDiningCombo
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Levels One
Middle/Junior School District San Marcos Cisd
Mobilehomeremainsyn No
New Construction No
Pool Features None
Possession ClosingFunding, Closing
Property Attached Y/N No
Property Condition Resale
Property Sub Type Additional MobileHome, MultiFamily
Property SubType MobileHome
Property Type Residential
Rent Control Y/N No
Roof Composition, Shingle
Security Features GatedCommunity
Senior Community Y/N No
Sewer SepticTank
Standard Status Active
Status Active
Stories 1
Street Name Roots
Structure Type ManufacturedHouse
Total Units 6
Utilities ElectricityAvailable, SeparateMeters, WaterAvailable
View Water
View Y/N Yes
Waterfront Y/N No
Year Built 1972
Year Built Source Assessor

Interior Features

Air Conditioning Y/N Yes
Basement (Y/N) No
Electric On Property Y/N Yes
Fireplace Features None
Fireplace Y/N No
Flooring Vinyl
Heating Y/N Yes
Laundry Features InUnit
Livingareasource Appraiser
Street Suffix Road

Exterior Features

Crops Included Y/N No
Fencing None
Foundation Details PillarPostPier
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 3.0
Open Parking Y/N No
Road Surface Type Caliche
Spa No
Water Source NotConnectedatlot, MultipleMeters

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 78655

Price
AVG $610K
$920K
Visits
AVG 218
553
Data Provided by Inside Real Estate®
Year Built
AVG 1995
1972