Turnkey Four-Cabin Income
301 E Cedar Street Lometa, TX 76853
301 E Cedar Street, Lometa, TX, 76853
$139,000
For Sale
$139,000
MULTI_FAMILY - Lometa, TX
Lot Size0.30 Acres
Days on Market26
Property Features for 301 E Cedar Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
- Parking
- 4
- Appliances
- ElectricRange, ElectricWaterHeater, Refrigerator
- Standard status
- Active
- APN
- 6964
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Description
- LOT: LOTS 1-2 BLK: 16 ADDN: FULTON
- Tax Annual Amount
- 909
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 2014
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Laminate
- Building materials
- WoodSiding
- Roof type
- Metal
Listing Agency
Hoyt Real Estate
(325) 205-0601
San Saba, TX
Listed by
Deryl Hoyt Jr · License #0523929
(325) 205-0601
Added: Jun 23 Checked: Jul 18 at 4:06 pm
MLS# 20786804
Listing URL
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Investment Insights
Based on property information with market context.
This turnkey income property features four individual cabins, each approximately 450 square feet, currently all rented out and equipped with a fridge and range. The floor plans are built around two main rooms per cabin: a combined kitchen and living area, plus a bedroom with a full bath. Each cabin is heated and cooled with an energy-efficient mini-split system, and the cabins are all electric. One unit has been recently revamped, while the cabins are about 10 years old with updates completed since initial construction. With room on the property, there is potential to build additional units.
Located near the heart of Lometa, the property is also not far from the school. The landlord manages key operating items, including the water and sewer bills, garbage collection, and lawn care, helping reduce day-to-day tenant and maintenance coordination.
The configuration is well-suited for investors looking for an established, cash-flowing rental portfolio, as well as buyers who may prefer a hands-on approach. With the option to live in one cabin while continuing to rent the other three, the property can support flexible ownership strategies while maintaining its income-generating use. Owner financing is available with 25% down.
Located near the heart of Lometa, the property is also not far from the school. The landlord manages key operating items, including the water and sewer bills, garbage collection, and lawn care, helping reduce day-to-day tenant and maintenance coordination.
The configuration is well-suited for investors looking for an established, cash-flowing rental portfolio, as well as buyers who may prefer a hands-on approach. With the option to live in one cabin while continuing to rent the other three, the property can support flexible ownership strategies while maintaining its income-generating use. Owner financing is available with 25% down.
Key Highlights
- Four electric cabins built in 2014, each about 450 SF and currently rented
- Each cabin includes a kitchen‑living room and a bedroom with a full bath, plus fridge and electric range
- Heating and cooling provided by mini‑split systems; all cabins are heated and cooled with electric HVAC
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four rented, all-electric cabins with modern updates and on-site utility management offer a ready-made rental setup.
Where is this quadplex located?
The property is located at 301 E Cedar Street Lometa, TX.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Four electric cabins built in 2014, each about 450 SF and currently rented; Each cabin includes a kitchen‑living room and a bedroom with a full bath, plus fridge and electric range; Heating and cooling provided by mini‑split systems; all cabins are heated and cooled with electric HVAC
