Grand Saline, TX 75140 510 Bradburn Rd # 510, 512, 514
$450,000



35 more




































Presented By: Kyle Funk with First-In Realty; 214-549-9939
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
***TRIPLEX***TURNKEY RENTAL PROPERTY***INCOME PRODUCING***
If you are looking to add to your portfolio, then take a look at this oversized, cash flowing property boasting 4,188 square feet over 3 units. This triplex was renovated in 2022 (including roof) and since then the property has had updated plumbing, electrical, paint, made up to code for tenants to lease and many more updates that have receipts. Unit 512 has all new vinyl plank flooring throughout and a completely new bathroom, including shower, tub, vanity and toilet. Units 510 and 514 are currently leased and Unit 512 was just renovated and is now listed for lease. All units combined leased for $4,100 when fully occupied. There is also room to increase rents going forward. Unit 510 (1,087 square feet) has 2 beds and 2 baths with an attached carport. Unit 512 is the largest unit at 1,775 square feet. This unit has 3 traditional bedrooms and 2 large living areas (the previous tenant used the second living area as a 4th bedroom with its huge closet) and 1 larger bathroom. Unit 514 (1,245 square feet) has 2 bedrooms and 1 bathroom and has a more open floorplan. There are 3 covered parking spaces and 3 additional uncovered parking spaces. Each unit has an assigned covered and uncovered parking space. The backyard is massive and has plenty of room to add additional units for future growth, as it has access to the road. Due to the property only having 1 water meter, the owner has been paying for water, sewage and trash. This can be solved by installing separate submeters and then having tenants paying for all utilities. Tenants pay for electric and internet. There is a community park and community pool within walking distance right across highway 80. The listing agent is also the owner.
Presented By: Kyle Funk with First-In Realty; 214-549-9939
Interior Features for 510 Bradburn Rd # 510, 512, 514
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
FlooringLuxury Vinyl Plank
Interior FeaturesBuilt-in Features, Cable TV Available, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Lock Box TypeCombo
Total Units3
Unit Count3
General for 510 Bradburn Rd # 510, 512, 514
# of Buildings1
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Capitalization Rate8.89
Carport Spaces3
CityGrand Saline
Complex NameN/A
Construction MaterialsConcrete, Siding
CoolingCeiling Fan(s), Central Air, Electric
CountyVan Zandt
DirectionsSee GPS
Elementary SchoolGrandsalin
Elementary School NameGrandsalin
ExclusionsAll of the tenants' personal property
Full Baths4
Gross Annual Expenses9200.00
HOA TypeNone
HeatingElectric
High SchoolGrandsalin
Insurance Expense3460
LevelsOne
Listing Terms1031 Exchange, Cash, Conventional, FHA, VA Loan
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeTriplex
Property TypeResidential Income
RoofComposition, Shingle
School DistrictGrand Saline ISD
Security FeaturesSmoke Detector(s)
Standard StatusActive
StatusActive
Subdivision NameR13381
Unexempt Taxes13026
Unit Number510, 512, 514
UtilitiesAsphalt, Cable Available, City Sewer, City Water, Electricity Connected
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1973
Year Built DetailsPreowned
Exterior for 510 Bradburn Rd # 510, 512, 514
Building Area Total4188.00
Covered Spaces3
Exterior FeaturesCovered Patio/Porch
FencingNone
Foundation Slab
Garage Y/NNo
Lot FeaturesFew Trees, Landscaped, Lrg. Backyard Grass
Lot Size.5 to < 1 Acre
Lot Size Acres0.6370
Lot Size Area0.6370
Lot Size SourceAssessor
Lot Size Square Feet27747.7200
Lot Size UnitsAcres
Number Of Parking Spaces6
Parking FeaturesAdditional Parking, Attached Carport, Carport, Concrete, Covered, Detached Carport, Driveway, No Garage
Patio And Porch FeaturesCovered
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Grandsalin Elementary School
Middle School
N/A

Suzanne Smith
Broker/Owner