217 2ND STREET, CROSS PLAINS, TX 76443
Homes for sale in Cross Plains.
Homes for sale in 76443.
List Price$230,000
217 2nd Street
Cross Plains, TX 76443
Listing #21135250
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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