🏡 Investment Opportunity: Charming Single-Family Home in Mathis, TX 🏡

San Patricio County, Mathis, TX, 78368
Sold
Listed at: October 18th, 2023
Price
$42,500
ARV
$75,000
Gross Margin
$32,500
Sq. Footage
988
Type
Single-Family
Parking
Carport
Year build
1961
Lot size
0.15 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Looking to expand your rental property portfolio? This 2-bedroom, 1-bathroom single-family home in Mathis, Texas, is the perfect addition to your investment portfolio. With 988 sqft of living space on a spacious 0.155 acre-lot, this property built in 1961 is full of potential and boasts several key updates.

✨ Key Features ✨

🛏️ 2 bedrooms for versatile rental options.

🛁 1 bathroom.

🏡 988 sqft of living space.

🌳 A generous 0.155-acre lot.

🏡 Built on a sturdy concrete slab foundation.

❄️ HVAC: Stay comfortable with window units.

🚰 City water and sewer services for added convenience.

🚗 Parking: Covered carport for tenant convenience.

🌟 Flooring: Hardwood, providing durability and timeless appeal.

🚫 No HOA, offering freedom and flexibility.

💼 Occupancy: Currently owner-occupied, offering immediate potential for landlord occupancy or rental income.

🛠️ Recent Updates 🛠️

  1. Replaced All Water Pipes: Ensuring the property is free from water-related issues, a valuable upgrade for landlords.
  2. Freshly Painted Living Room: A clean and inviting space for potential tenants.
  3. Brand New Electric Water Heater: Offering energy efficiency and peace of mind.

🛠️ Updates Needed 🛠️

The only pending task is some work on the shingle roof. While there are no leaks, addressing this matter will protect your investment and maintain its long-term value.

🌟 Local Hotspots 🌟

Mathis, TX is a charming community with plenty of local attractions and amenities that make it an attractive rental destination for tenants. Consider mentioning these local hotspots to potential renters:

🌊 Lake Corpus Christi State Park: A short drive away for outdoor enthusiasts who enjoy fishing, boating, and hiking.

🏞️ Mathis Nature Park: A serene spot for picnics and leisurely strolls.

This charming Mathis property not only presents an enticing opportunity for investors but also offers a warm and inviting space for those looking for a place to call home. Whether you're a prospective homeowner or an investor seeking to expand your portfolio, this property is a versatile choice.

Don't miss this opportunity to expand your rental property portfolio with this charming Mathis residence. The property's updates and proximity to local attractions make it an attractive choice for both you as an investor and potential tenants. Schedule a viewing today to see the potential this property holds!





Luxe Home Offer, LLC does not claim to be the owner of this property. Luxe Home Offer, LLC does hold a current equitable interest in the subject property. Luxe Home Offer, LLC does not represent you as your real estate agent in any capacity of a transaction unless agreed upon by all parties in writing. All above stated information, including any projected after repair values and estimated repairs, are a matter of personal opinion. Always perform your own due diligence to verify and validate any numbers presented before signing a contract or assignment to purchase any property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Joseph Banks

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Disposition manager