Incredible Multifamily Portfolio with Development Opportunity on Poteet Road Discover a unique chance to own a bundled investment property portfolio with immense earning potential. Nestled at the foot of the picturesque Grassy Mountain, this 2.75-acre estate boasts three income-generating properties with nearly 200 feet of serene creek frontage. Plenty of acreage to develop additional multifamily, short-term or long-term rentals. Here's what's included: 164 Poteet (Single-Family Home) 2 Bed, 2 Bath with an in-ground swimming pool Currently rented for $1,800/month Spacious acreage with potential for additional rentals 190 Poteet (Duplex) Two units, each 2 Bed, 1 Bath (840 sq. ft. per unit) Current rents are $500 and $800/month (below market) 168 Poteet (Triplex - New Construction) New construction with three units: 2 units are 2 Bed, 1.5 Bath 1 unit is 2 Bed, 1 Bath Rented for $1,150, $1,250, and $1,300/month Financial Highlights: Gross Yearly Rent: $81,600 Upside Potential: Opportunity to bring rents to market rate and develop the extra acreage for short- or long-term rentals. Details: Tenant-occupied: Showings available after an accepted offer. All three properties are sold as a package and will not be separated. Don't miss out on this rare investment opportunity with multiple income streams and significant growth potential. All offers will be reviewed!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
