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83 Roots Rd

Martindale, TX 78655

– beds
– baths
2,788 sqft
~3 acre lot
$313 per sqft
1972 build
– on site

Rare turn key investment property! Income producing mobile home park for sale: total of three acres with 6 units. With no restriction or zoning, this 100% occupied property is at 7.5% Cap Rate! This low maintenance cash flow property is located minutes away from Toll 130 & IH-35 and nearby big franchises. Surveys for each parcel available. Even with gross income of $8294 monthly, there's room for higher income to meet the market!

Listing courtesy of ABOR / Neha Rabbani / Land Up Realty & Investments

Last checked: Checking… • Last updated May 18, 2024 •

MLS# 7572048 —

The Building

Year Built:

1972
Roof:

Composition
Foundation:

Pillar/Post/Pier
Exterior Features:

Private Yard
Levels:

One
New Construction:

false
Window Features:

See Remarks
Patio And Porch Features:

See Remarks
Accessibility Features:

See Remarks
Direction Faces:

NE

Interior

Interior Features:

Ceiling Fan(s)
Room Type:

Primary Bedroom
Flooring:

Laminate
Laundry Location:

In Unit

Room Dimensions

Living Area:

2788
Living Area Source:

Public Records

Financial & Terms

Restrictions:

None

Location

Latitude:

29.84375
Longitude:

-97.803295
Directions:

From I35S, turn left onto TX-80S/E Hopkins St. Turn left onto W Ridge Rd then onto Ridge Loop. Turn left onto Roots Rd.

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Parcel Number:

28365
Property Condition:

Resale
Other Structures:

Mobile Home
Lot Features:

Cleared
Lot Size Acres:

3
Lot Size Area:

3 Sqft
Lot Size SqFt:

130,680 Sqft
SqFt Total:

2,788 Sqft
View:

Pond
Waterfront:

false
Horse:

false
Fencing:

None
FEMA Flood Plain:

No

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$3,669.92

The Listing

Special Listing Conditions:

See Remarks
Listing Terms:

Cash
Occupant Type:

Tenant

Heating & Cooling

Heating:

See Remarks
Cooling:

Ceiling Fan(s)

Utilities

Utilities:

Electricity Available
Sewer:

Septic Tank
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Water Heater-Electric

Schools

Elementary School:

Crockett
Elementary School District:

San Marcos ISD
Middle School:

Doris Miller
Middle School District:

San Marcos ISD
High School:

San Marcos
High School District:

San Marcos ISD

The Community

Subdivision Name:

N/A
Community Features:

Common Grounds
Pets Allowed:

Negotiable

Parking

Parking Features:

Outside
Garage:

false
Attached Garage:

false
Garage Spaces:

6
Covered Spaces:

6

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
5/10/24 May 10, 2024	Price Changed	ABOR	$875,000	-4.9%
6/9/23 Jun 9, 2023	Listed / Active	ABOR	$920,000

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This multifamily located in TX 78655 is currently for sale for $875,000. 83 Roots Rd is a 2,788 square foot multifamily with – beds and – baths that has been on Estately for 561 days. This multifamily is in the attendance area of San Marcos High School, De Zavala Elementary School, and Owen Goodnight Middle School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.