414 CHEYENNE DRIVE, TEMPLE, TX 76504

Homes for sale in Temple.

Homes for sale in 76504.


414 Cheyenne Drive

Temple, TX 76504

Active

List Price$239,000

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

Listing #21211871

2,052

Square Feet

2

Number of Units

Multi-Unit Residential

Type

About This Property

This beautifully renovated 4-bedroom, 3-bath duplex offers a prime investment opportunity just one mile from the heart of downtown Temple, TX. Over the past two years, the property has been fully updated, refreshed interiors, and well-maintained systems making it truly turnkey for its next owner. Each unit is thoughtfully designed to provide comfortable living spaces, appealing to long-term tenants and future renters alike. The property is currently occupied by two reliable long-term tenants, providing immediate rental income. One lease expires at the end of April, and the other at the end of July, offering flexibility for potential rent adjustments or owner occupancy. Currently, rents are set at $850 per unit, presenting a strong value-add opportunity, as market rents for similar unit in the area can reach up to $1,050. With its ideal location near downtown Temple, recent upgrades, and upside potential in rental income, this duplex is a smart addition to any investment portfolio.

Property Features

Location Information

County

Bell

Subdivision

West Gate Add 1st Unit Re

Interior Features

Interior

Cable TV

Floors

Other

Has Fireplace

Yes

Appliances

Dishwasher, Disposal

Number of Fireplaces

1

Total Number of Units

2

Heating

Central

Accessibility

Accessible Full Bath, Accessible Entrance

Cooling

Central Air

Exterior Features

Stories

1

Garage Spaces

0

Construction

Brick

Pool Description

None

Foundation

Slab

Lot Size in Acres

0.195

Roof

Asphalt

Lot Size in Sq. Ft.

8,481

Utilities

Sewer Available, Water Available, Cable Available

Buildings

1

Security System

Smoke Detector(s)

Building Total Area (Sq. Ft.)

2,052

Parking Description

Covered

Is One Story

Yes

School

Elementary School District

Temple ISD

Jr. High School

Bonham

Elementary School

Western Hills

High School

Temple

Additional Information

Year Built Details

Preowned

Year Built

1973

Property Type

RI

Status

Active

Property SubType

Duplex

Has a Home Owners Association

No

Similar Listings

Mortgage Calculator

$1,115

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$861

Monthly Tax

$199

Monthly Insurance

$55

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

Real Estate IDX Powered by iHomefinder