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Key Facts

Type Single Family Residence
Levels Residential
Size 1049 sqft
Garage No
Taxes $1,760
Days Active 30
Lot Size 
Approx. Age 1945
Avg. Price Per Sqft $94
MLS® Number 202557098

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This is the kind of investment opportunity that checks every box: strong cash flow, future upside, and a turnkey tenant in place. Located on a spacious corner lot in Slaton, TX, this 3-bedroom, 2-bath property currently exceeds the sought-after 1% rule. A 2-year lease is in place, providing immediate, reliable rental income with no downtime. The home is currently occupied as a single-family residence, but savvy investors will appreciate the value-add potential. With minimal modifications, the layout could be reconfigured to create two separate units. The front portion of the home would serve as a comfortable 2-bedroom residence, that accounts for the listed 1049 sq ft. The attached rear unit—offering an additional 650 sq ft—could function as an efficiency apartment, complete with its own kitchenette, private bathroom, and shared laundry access. This flexible configuration offers the ability to maximize rent and cater to a broader tenant base. Whether you're building your portfolio or looking for a solid addition with immediate returns and long-term potential, this well-positioned corner property is an ideal pick. Reach out today for income details and to schedule a private tour.Show Description
MLS® Number202557098
Laundry LevelElectric Dryer Hookup, Laundry Room, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.16
ExteriorNone
GarageNo
Approx. Age1945
Basement
DrivewayAttached Carport, Carport
Garage Spaces
HeatCentral, Natural Gas
A/CCentral Air
Heating Fuel

Extras

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