217 2ND STREET, CROSS PLAINS, TX 76443

Homes for sale in Cross Plains.

Homes for sale in 76443.


Active

List Price$230,000

217 2nd Street

Cross Plains, TX 76443

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21135250

5

Bedrooms

4 full

Bathrooms

3,120

Square Feet

4

Number of Units

Multi-Unit Residential

Type

About This Property

Income-Producing Duplex Portfolio - 4 Units - Cash Flowing Located at 217 Southeast 2nd Street in Cross Plains, this well-positioned two-building, four-unit duplex complex presents a compelling opportunity for investors seeking immediate cash flow with long-term upside. The property consists of two separate duplex buildings, offering operational flexibility and reduced risk through unit diversification. All four units are currently cash flowing, making this a true turnkey investment from day one. Recent improvements include minor updates to the HVAC systems, enhancing efficiency and reliability, as well as newer appliances throughout the units--helping to reduce near-term capital expenditures and support tenant retention. The layout and configuration appeal to long-term renters, while the separate building setup provides potential advantages for future value-add strategies, individual building disposition, or refinancing options. Highlights for Investors: Two buildings - four total units - duplex configuration Currently cash flowing Updated HVAC components Newer appliances Low-maintenance asset with stabilized income Strong fit for buy-and-hold or portfolio expansion This is an excellent opportunity to acquire a stabilized multifamily asset in a solid rental market, offering both immediate income and long-term appreciation potential.

Property Features

Location Information

County

Callahan

Subdivision

Central - Cp

Interior Features

Interior

Eat-in Kitchen, High Speed Internet

Cooling

Electric

Full Baths

4

Floors

Laminate

Has Fireplace

No

Appliances

Electric Range, Refrigerator

Heating

Electric

Total Number of Units

4

Exterior Features

Stories

1

Pool Description

None

Construction

Wood Siding

Lot Size in Acres

0.321

Foundation

Pillar/Post/Pier

Lot Size in Sq. Ft.

13,982

Roof

Metal

Buildings

2

Utilities

Electricity Connected, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

3,120

Parking Description

Common, Driveway

Is One Story

Yes

School

Elementary School District

Cross Plains ISD

Jr. High School

Cross Plains

Elementary School

Cross Plains

High School

Cross Plains

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

RI

Has a Home Owners Association

No

Property SubType

Duplex

Tax Annual Amount

3256.0

Year Built

2018

Similar Listings

Mortgage Calculator

$1,072

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$828

Monthly Tax

$191

Monthly Insurance

$53

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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