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16636 Tx-16 Hwy, Poteet, TX 78065 16636 TX-16 Hwy

3 Unit Block of Flats £75,980 (£25,327/Unit) Poteet, TX 78065

Investment Highlights

  • On Main Highwy with Lots of Traffic
  • Multiple opportunities with this property. Open a food truck location here to make money. Property gets a lot of traffic.
  • Multiple units on the property which could be renovated to house multiple families

Executive Summary

Great location right off of Hwy 16 heading to San Antonio. Tons of traffic on this road. Muli Units on this property where multiple families could live. This is a fixer upper and needs work but at a great price. Property is currently being used to host church services right now. Priced To Sell. OWNER FINANCING is possible, but with a significant down payment. Call me to find out more info. Chris Marmolejo 512-529-4795.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £9,400 £6.02
Other Income - -
Vacancy Loss - -
Effective Gross Income £9,400 £6.02
Taxes - -
Operating Expenses - -
Total Expenses £410 £0.26
Net Operating Income £8,989 £5.76

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £9,400
Annual Per SF £6.02
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £9,400
Annual Per SF £6.02
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £410
Annual Per SF £0.26
Net Operating Income
Annual £8,989
Annual Per SF £5.76

Property Facts

Price £75,980
Price Per Unit £25,327
Sale Type Investment
Sale Conditions Shell & Core
No. Units 3
Property Type Residential
Property Subtype Apartment
Building Class C
Lot Size 0.40 AC
Building Size 1,561 SF
Number of Floors 1
Year Built 1995
Parking Ratio 3.84/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R32006
Land Assessment
£34,465 (2024)
Improvements Assessment
£5,702 (2024)
Total Assessment
£40,168 (2024)

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 31098601

  • Date on Market: 01/03/2024

  • Last Updated:

  • Address: 16636 TX-16 Hwy, Poteet, TX 78065

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