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320-340 N College Street La Grange, TX 78945
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Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,530 sqft
Price per Sqft $212
Subdivision S44030 - Moore Farm Blocks (446)
MLS Listing ID 9709626
Sold Date 08/29/23
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 2022
Property Sub-Type Duplex
Property Description
New build investment property located minutes from Historic Downtown La Grange and a short drive to Round Top Texas. Home of the famous Antique Fair, that is sure to drive seasonal traffic to your investment. One side of the duplex is a long term tenant paying $1200 a month in rent. The other side operates as an AirBnb with over 35 positive reviews and bookings scheduled throughout the year. The airbnb side of the unit averages $3000 a month in bookings. It provides the opportunity for you to immediately purchase a cash flowing Airbnb rental that can take years to accumulate the amount of reviews it already has. You also have the option to continue to have the airbnb side of the unit managed by a third party airbnb management company which takes all the weight off your shoulders, and essentially allows your investment to run on autopilot.The property has ADA features. It has wide doorways, low cabinets, a large walk-in shower, and much more!
Location
State TX
County Fayette
Interior
Interior Features Furnished, Granite Counters
Heating Central, Electric
Cooling Central Air, Electric
Furnishings Furnished
Fireplace No
Exterior
Roof Type Aluminum
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Schools
Elementary Schools Hermes Elementary School
Middle Schools La Grange Middle School
High Schools La Grange High School
School District 205 - La Grange
Others
Tax ID 107595
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Bought with Texas Signature Realty
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