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    203 Elm St Sterling City, TX 76951

    For Sale
    $740,000

    MULTI_FAMILY - Sterling City, TX

    Property size:
    6,552 SF
    Lot size:
    0.64 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 203 Elm St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 11, Bedroom 15, Bedroom 17, Bedroom 18, Bedroom 2, Bedroom 12, Bedroom 16, Bedroom 7, Bedroom 8, Bedroom 10, Bedroom 3, Bedroom 4, Bedroom 9, Bedroom 14, Bedroom 5, Bedroom 6, Bedroom 13, Bedroom 1
    Bedrooms
    18
    Parking features
    Assigned
    Appliances
    Separate Oven/Range Top
    Size
    6,552 SF
    Lot size
    0.64 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    2013
    Floors in Building
    1
    Number of units
    18
    Flooring type
    Carpet, Hardwood
    Building materials
    Asbestos
    Roof type
    Metal

    Addresses Real Estate LLC (325) 942-6400 [email protected]

    Listing agent Caleb Boates (325) 482-7130

    Listing date Oct 6, 2025

    Copyright © 2025 San Angelo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Texas Lodges Investment Opportunity

    This is an investment opportunity featuring a portfolio of 18 well-maintained short-term rental properties known as Texas Gold Lodges, located in Sterling City, Texas. These turnkey lodges cater to working professionals and benefit from hunting season demand, providing a consistent income stream and growth potential. The property has undergone recent upgrades and includes on-site management. The property's future value may be enhanced by the upcoming Interstate 27 (I-27) highway. The total property size is 6,552 square feet, situated on a 0.643-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Texas Gold Lodges Motel

    Suggested Use

    Building Supply Hair Salon Pharmacy Storage Facility Accounting Firm Grocery Store Law Firm Convenience Store Wine and Liquor Store Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sterling City
    County
    Sterling
    State
    Texas
    Longitude
    -100.9894464
    Latitude
    31.8346261

    Nearby Similar for Sale

    • $290,000
      0.78 Acres

      Cactus RV Park For Sale

      24-site RV park with laundromat in Sterling City, TX.
      222 9 St, Sterling City, TX 76951
      View Details

    FAQs

    What type of property is this?
    Short term rental property - 18 short-term rental properties in Sterling City, Texas.
    Where is this short term rental property located?
    The property is located at 203 Elm St Sterling City, TX.
    What is the asking price?
    The asking price for this property is $740,000.
    What are key features of this property?
    This property features: - Portfolio of 18 turnkey short-term rental properties.; - Consistent income stream from working professionals and hunting season demand.; - On-site management in place.
    (325) 482-7130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    203 Elm St Sterling City, TX 76951
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