1418 Ocotilla Dr Marble Falls, TX 78654

This exceptional investment opportunity presents a charming two-unit apartment building situated on a 0.26-acre lot in the heart of Marble Falls, Texas, at 1418 Ocotilla Dr, zip code 78654. The property, built in 1973 and boasting a Class B designation, comprises 3,089 square feet and is offered at $495,000 ($161.86 per square foot). The property features two distinct homes, each recently updated. Unit A, a spacious 1,916 square-foot residence, includes three bedrooms, two full bathrooms, two living areas, an eat-in kitchen, and new flooring throughout. A primary bedroom ensuite and a hallway guest bathroom add to its appeal. A large laundry room, a huge storage closet, and a private backyard complete this unit. Currently leased until May 2024 for $2,500 per month, it offers immediate rental income. Unit B, a 1,173 square-foot unit, features two bedrooms, one and a half bathrooms, an updated kitchen, a living area with a wood-burning fireplace, built-ins, and recently renovated bathrooms. New flooring replaces the original carpet. A private backyard with a fire pit enhances its appeal. This unit also includes a two-car attached garage. Both units benefit from built-in security systems. The property's convenient location, close to H-E-B and the middle school, and the absence of HOA fees, combined with a 1.8 tax rate, make this a truly move-in ready and attractive investment. Showings are by appointment only.