Current Use by Public Records
- Scenic Loop Cabins / Vacation Rental / Hotel & Motel
Property Details for 3605 Fm 3277
- Lot size
- 0.44 lot acres
- Property type
- Apartment buildings
Description
This exceptional multifamily investment opportunity presents eight buildings comprising seven renovated cabins with ten leasable units. Offering a mix of one and two-bedroom options, these fully furnished units are ideal for vacation and short-term rentals, each featuring a kitchenette and restroom. A separate on-site coin laundry facility adds convenience for residents. Projected to yield an 8% cap rate, this property boasts over 115 feet of frontage on Scenic Loop/FM 3277, less than ten miles from downtown Livingston. Its prime location offers easy access to Lake Livingston, Tigerville Public Park, and a boat ramp, all within five minutes. Situated in Polk County, Livingston ISD, and Memorial Point Utility District, the property sits on a 0.44-acre lot and enjoys a 2023 tax rate of $2.63 per $100 of assessed value. The asking price is $750,000. A detailed proforma is available upon request. Please respect tenant privacy
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Livingston
- County
- Polk
- State
- Texas
- Longitude
- -95.0783
- Latitude
- 30.7088
