Turnkey Four-Cabin Income
301 E Cedar Street, Lometa, TX 76853
- Added:
- Mar 24, 2026
- Days on Market:
- 72
- Last Refresh:
- Jun 3 at 9:06 am
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 2, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 2
- 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 agent Deryl Hoyt Jr License #0523929 (325) 205-0601
Listing office Hoyt Real Estate San Saba, TX (325) 205-0601
Listing date Mar 24, 2026
MLS# 20786804
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Four 2014‑built cabins, each about 450 SF, all currently rented and equipped with a refrigerator and electric range
- Each cabin has two main rooms: kitchen‑living area and a bedroom with a full bath, with heating and cooling provided by mini‑splits
- All‑electric cabins with energy‑efficient mini‑splits; metal roof and wood siding
- Public utilities: water from public, sewer via public sewer; landlord pays water, sewer, and garbage collection
- Owner pays for lawn care; one cabin has been recently revamped and others have had updates
- Additional space on the property to build more units
Overview
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.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Lometa
- County
- Lampasas
- State
- Texas
- Longitude
- -98.39157
- Latitude
- 31.220797
Nearby Similar for Sale
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 2014‑built cabins, each about 450 SF, all currently rented and equipped with a refrigerator and electric range; Each cabin has two main rooms: kitchen‑living area and a bedroom with a full bath, with heating and cooling provided by mini‑splits; All‑electric cabins with energy‑efficient mini‑splits; metal roof and wood siding
