Listing provided courtesy of Better Homes and Gardens- MLS# 21092188MLS ProviderContact Information: Kenneth Hodges

860 N Lacy Drive #1-8Lacy Lakeview, TX 76705

Multi-Family · 24 Beds · 16 Full Baths · 10,348 Sq. ft. | 1.17 Acres
$1,500,000 Active

860 N Lacy Drive #1-8 Overview

Visits:
6

!!! Investors !!! Complex of four duplexes - 8 doors total. Well-built 2007 & 2008. All units feature 3 bedroom, 2 bath, fenced backyards with two 2-car driveways. All units have enjoyed close to 100% occupancy for years. Located in Connally ISD with a park close by. Large backyards with two parking spots per unit. Semi-private location with one entry into the complex of four duplexes. The entry drive ends at structure providing each unit a storage area. Tenants pay all bills. This is an excellent investment. There are four duplexes located together, with each being available by itself or in combination with others. Tenants comment regularly about it being quite and feeling safe. A nice neighborhood-vibe.

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860 N Lacy Drive #1-8 Facts & Features

  • Type Multi-Family
  • Sq. ft. 10,348
  • Price/Sq.ft. $145
  • Lot 1.17 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Connally ISD
  • Elementary School: Connally
  • High School: Connally

Income/Expenses

  • Gross Income: 144000.0
  • Insurance Expense: 14228.0
  • Net Operating Income: 89992.0
  • Operating Expense Includes: Capital Improvements,Insurance,Maintenance Structure,Maintenance,Professional Management,Supplies,New Tax

Building Information

  • Year Built: 2007
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: McLennan
  • Postal City: WACO
  • Subdivision Name: Sky View Add

Tax Information

  • Tax Annual Amount: 21910.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: 412299
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 16
  • Bathrooms Half: 0
  • Bathrooms Total: 16
  • Bedrooms Total: 24

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 10348.0

General Information

  • Appliances: Electric Range
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet,Luxury Vinyl Plank
  • Foundation Details: Slab
  • Interior Features: Cable TV
  • Levels: One
  • Stories: 1

Unit Information

  • Unit Number: 1-8

Exterior

Parking Information

  • Parking Features: Concrete
  • Parking Total: 16.0

Lot Information

  • Lot Size Acres: 1.17
  • Lot Size Area: 1.17
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 50965.2
  • Lot Size Units: Acres
  • Number Of Buildings: 4
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Number Of Units Total: 8
  • Pool Features: None
  • Road Frontage Type: All Weather Road
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Sewer Available,Separate Meters,Water Available,Cable Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

860 N Lacy Drive #1-8 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

860 N Lacy Drive #1-8 Market Data

Based on the last 30 days in this zip code

$323,622
Average List Price
$182
Average Price per Square Foot
23
Properties Sold
172
Average Days on Market
194
Properties for Sale
Calculations provided by Reliance Network


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