414 CHEYENNE DRIVE, TEMPLE, TX 76504
Homes for sale in Temple.
Homes for sale in 76504.
414 Cheyenne Drive
Temple, TX 76504
List Price$239,000
Listing #21211871
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
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