Temple TX Real Estate & Homes for Sale

WOW! Do not miss this house! Updated home located in Temple Texas. Home boasts almost 2700 square feet of living space, and a nice size front and back yard. Your new home offers 4 bedrooms, 2 full bathrooms, 2 HUGE living areas and a massive game room/loft with a backyard view of Polk Lake. You can park your RV on the side of the home. The roof was installed in 2019 along with the 2 HVAC's, water heater, and stainless steel appliances. The entire exterior home has been freshly painted, with 2019 installed carpet and luxury vinyl flooring throughout. Big laundry room that leads to a two car garage. NO HOA. The location is a short commute to restaurants, entertainment, shopping, Baylor S&W Hospital and the VA Hospital. Call your favorite agent today and set up a showing.

5 homes plus 2 garage apartments totaling 7,297 net rentable SF. Actual 8 CAP. All units within 2 MI of Baylor Scott and White. 100 percent rented. All tenants long term. All month to month. No rent increases in several years. All utilities paid by tenants. Opportunity to improve cash flow, income and CAP with moderate rent increases. Any or all properties appear to be excellent flip potential. All zoned either SF-2 or SF-3. All in Temple ISD. All in Temple City Limits. None in flood zones. Sold ONLY as a package. Investment Profile: $46,367 Net Operating Income. $17,313 Net Cash Flow. 7.99% CAP rate. 11.25% 1st year cash-on-cash. 1.60 Debt Service Coverage Ratio. Very low risk of market decline for all properties. Valuation increase projections for 2826 Bowie & 2910 San Jacinto: 3.2% 1 year trend and 7.4% 3 year trend. Valuation increase projections for 119 S 23rd ST, 815 S 23rd, 902 S 27th, 902½ and 904 S 27th: 4.7% 1 year trend and 11.3% 3 year trend.