205 N Us Highway 281, Johnson City, TX 78636 - MLS# 5457158

Fourplex Sold in Johnson City > 78636 > N/A > 205 N Us Highway 281

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$249,900

-
Beds
-
Baths
2,867
Square Ft.
0.43
Acres
N/A
Garages
1980
Year Built
MLS® #: 5457158 Sold on

Nice investment opportunity. All four units leased for residential purposes, but commercial use possible and used in the past for business offices, hair salon, etc. Fourplex in excellent condition lots of updating in the last year. All tenants in long term lease throughout this year and one tenant month-to-month. Leases generate $2250 per month, but two bedrooms units below market. Great location on Hwy 281 in downtown Johnson City. Many long term possibilities.

Price History for 205 N Us Highway 281

Date MLS # Details Price
5457158 - Multi-Family Sold - 60 days (160 days total) $
5457158 - Multi-Family Pending - Taking Backups - 53 days $249,900
5457158 - Multi-Family Price Decrease - 47 days $249,900 - $50,000
5457158 - Multi-Family New $299,900

Rental Income

Unit Rent Lease Ends Beds Baths Living Dining Garage Carport Rooms
Unit 1 $550 12/31/2017 2 N/A 1 1 N/A N/A Liv/Din Combo
Unit 2 $550 12/31/2017 1 N/A 1 1 N/A N/A Liv/Din Combo
Unit 3 $550 01/31/2018 1 N/A 1 1 N/A N/A Liv/Din Combo
Unit 4 $600 02/28/2018 2 N/A 1 1 N/A N/A Liv/Din Combo
Total $2,250 6 N/A 4 4 N/A N/A

Property Details for 205 N Us Highway 281

Location
Size and Restrictions
  • Land Area: 0.43
  • Lot Description: Level
  • Restrictions: City Restrictions
Improvements
  • Property Subtype: Multi-Family - Fourplex
  • Fence: No Fence
Features
  • View: City
Utilities
  • Utilities: Electricity on Property

Building Information for 205 N Us Highway 281

Building Information
  • Square Feet: 2,867 - Appraiser
  • Year Built: 1980
  • # of Stories: 1
  • Construction: HardiPlank Type
  • Foundation: Slab
  • Roof: Composition Shingle

Schools for 205 N Us Highway 281

Elementary Schools
Middle Schools
High Schools

Financials for 205 N Us Highway 281

Financial Information
  • $/Square Foot: $87
  • Acceptable Financing: Cash, Conventional
Property Taxes
  • Estimated Taxes: $4,527
  • Tax Rate: 2.07% - 2016

Properties for Sale Similar to 205 N Us Highway 281, Johnson City, TX View On Map

Property Listed by: Coffman Real Estate

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from December 15th, 2017 at 7:40pm CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.