180 Fm 1696 Rd Huntsville, TX 77320
- Commercial real estate
- 1.32 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 180 Fm 1696 Rd
- Year built
- 1998
- Lot size
- 1.32 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 9-unit apartment complex ideally situated on a 1.32-acre lot in Huntsville, Texas, at 180 FM 1696, zip code 77320. The property consists of two buildings: a two-story structure housing seven units and a separate duplex. Seven units offer one bedroom and one bathroom, while one unit is a one-bedroom efficiency. The duplex features two two-bedroom, one-bathroom units. Each apartment includes a kitchen equipped with a stove/oven and refrigerator, and a living room. A shared laundry room with coin-operated washers and dryers is available for tenant use. A dedicated maintenance room provides convenient onsite storage. Individual electricity meters ensure efficient utility management, while water, sewer, and garbage services are included in the monthly rent. The property benefits from a public water supply and a regularly maintained aerobic sewer system. Both buildings boast a newly installed roof (Summer 2024). This property presents a strong cash flow potential with its well-maintained units and included utilities, making it an attractive investment in the thriving Huntsville market. The asking price is $475,000.
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
- Huntsville
- County
- Walker
- State
- Texas
- Longitude
- -95.665917
- Latitude
- 30.7466368
