171 Dechard St Rusk, TX 75785
- Residential income homes
- 4,096 SF
- 1.13 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 171 Dechard St
- Lot size
- 1.13 lot acres
- Property size
- 4,096 SF
- Property type
- Residential income homes
- APN
- 109671000, 113989032, 112758000, 113016000
Description
This exceptional investment opportunity presents a portfolio of four single-family homes located in Rusk, Texas. The properties, situated on a 1.13-acre lot, boast a combined 4,096 square feet and are currently 100% occupied. Built in 1945 and 1996, these four one-story buildings offer a mix of styles and sizes, catering to a diverse range of tenant needs. The portfolio's prime location in the heart of Rusk provides convenient access to local amenities, schools, and community resources, contributing to high tenant satisfaction and low turnover. The properties are meticulously maintained, minimizing vacancy periods and unexpected expenses, ensuring a steady stream of rental income. This is a fee-simple ownership opportunity with four separate APNs: 109671000, 113989032, 112758000, and 113016000. The asking price for this Class A multifamily property is $280,000. The property is zoned residential and offers a compelling investment prospect in a growing East Texas community. The portfolio's diverse unit mix and strong location in Rusk, the county seat of Cherokee County, promise a stable and reliable return on investment. This is a non-contingent offer with an earnest money deposit requirement of the greater of $20,000 or 10% of the purchase price. Individual addresses include: 171 Dechard St, 282 Main St, 290 Jared St, and 310 Main St, all in Rusk, TX 75785.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rusk
- County
- Cherokee
- State
- Texas
- Longitude
- -95.1671363
- Latitude
- 31.7968387
