415 E 4TH AVENUE, BELTON, TX 76513
Homes for sale in Belton.
Homes for sale in 76513.
415 E 4th Avenue
Belton, TX 76513
List Price$495,000
Listing #6015340
4,840
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
The stunning property is a well-maintained 4-unit multifamily property located in the growing Belton--Temple corridor of Central Texas. The property is 100% occupied and has been consistently managed, offering in-place income with the potential for future rent growth. Each unit features an oversized approximately 1,200 SF floor plan, a highly desirable characteristic within the submarket. The unit mix includes two 3-bed/2-bath units and two 2-bed/1-bath units. Tenants are responsible for all utilities, helping limit operating expenses. The property is in good condition with no known deferred maintenance reported by ownership. The property is offered at $495,000. Recent nearby 2--4 unit comparable sales indicate higher pricing per unit and per square foot, suggesting the offering may be positioned below current market levels. Current rental rates are below recent market activity, providing a potential opportunity for rent adjustments over time, subject to market conditions and lease terms. The asset is located in a stable residential area near employment centers, retail amenities, and a highly rated school district. Surrounding multifamily properties demonstrate strong occupancy, and new multifamily supply in the immediate area is limited.
Property Features
Location Information
County
Bell
Subdivision
Alexanders Add
County
Bell
Directions
FM 93 W, L after the Dollar General onto N Beal St, R onto E 4th Ave
Area
BT
Interior Features
Interior
No Interior Steps
Disabled Features
See Remarks
Number of Fireplaces
0
Appliances
Built-In Electric Oven, Built-In Refrigerator
Heating
Central
Total Number of Units
4
Floors
Laminate
Accessibility
See Remarks
Laundry
In Unit, Washer Hookup, Electric Dryer Hookup
Exterior Features
Style
See Remarks
Garage Spaces
0
Stories
1
Fencing
None
Is New Construction
No
Lot Size in Acres
0.17
Construction/Exterior
See Remarks
Waterfront Description
None
Exterior
None
Has Waterfront
No
Foundation
Slab
Has View
No
Water / Sewer
Public Sewer
View
None
Water
Public
Is One Story
Yes
Parking Description
Open, Outside, Unassigned
School
Elementary School District
Belton ISD
Middle School
South Belton
Elementary School
Southwest
High School
Belton
Additional Information
Roof/Attic
Composition
APN
0255920000
Other Utilities
Electricity Available, Electricity Connected, Sewer Connected, Water Connected
Status
Active
Property Type
RI
Pets
Cats OK, Dogs OK
Property SubType
Quadruplex
Documents Available
None
Year Built
2005
Square Feet Source
Public Records
Similar Listings
Mortgage Calculator
$2,310
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,783
Monthly Tax
$412
Monthly Insurance
$115
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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