Eco Friendly
Address
290 S Mcilhaney Street, Stephenville, TX
Price
$ 5,200,000
Property Attributes
- MLS#20344182
- TypeMulti-Family
- CountyERATH
- CityStephenville
- NeighborhoodCity Add
- Zip76401
- StyleMultiple Single Units
- Year Built2022
- Taxes$ 30887
- Price$ 5,200,000
- Bedrooms44
- Full Bathrooms20
- Half Bathrooms0
- Lot Size0.924 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
This is a great investment opportunity, completed and rented May in 2022, These units are fully furnished student housing with beds, desks, couches, flatscreen TV's, and washer,dryers, designed for the student that wants more personal space. Conveniently located within 1 walking block of the Campus. There are 44 doors in the 3 buildings, 4- 1br-1ba efficiencies, 8- 2br-2b, 8- 3br-3ba. Each bedroom has it's on bathroom, The shared common area is the Living, Dining, laundry, and kitchen. There is a fence dog park on the property, All tenants have private parking available, as well as wifi, and Utilities are included with a usage cap. Manager does not live on site. All buyers must show qualified lending approval before showing and with Accepted offer all financial documents will be provided.
| Elementary School |
|---|
| Central Elementary School |
| Price History | |
|---|---|
| 9/11/2023 | Listed $5,200,000 |
General Features
| Heating | Central,Electric,ENERGY STAR Qualified Equipment |
|---|---|
| Complex Name | Texan Town Village |
| Cooling | Ceiling Fan(s),Central Air,Electric,ENERGY STAR Qualified Equipment,Multi Units |
| Utilities | All Weather Road,Asphalt,City Sewer,City Water,Curbs,Electricity Connected,Individual Water Meter,Sidewalk,Underground Utilities |
| Possession | Closing/Funding,Negotiable |
| Roof | Asphalt |
| Appliances | Dishwasher,Disposal,Dryer,Electric Range,Electric Water Heater,Microwave,Refrigerator,Vented Exhaust Fan,Washer |
| School District | Stephenville ISD |
| Capitalization Rate | 6.10 |
| Year Built | 2022 |
| Tenancy | Lease While on Market,No Smoking,No Waterbeds,Over 9 Months,Pets Allowed |
| Community Features | Curbs,Other |
| Levels | Two |
| Unexempt Taxes | 30887 |
| Will Subdivide | No |
| Gross Annual Expenses | 70000.00 |
| Property SubType | Multiple Single Units |
| Subdivision Name | City Add |
| Accessibility Features | Smart Technology |
| Insurance Expense | 20000 |
| County | Erath |
| Operating Expense Includes | Accounting,Capital Improvements,Maintenance,Manager,Professional Management,Utilities,Vacancy Allowance,Water/Sewer |
| Property Type | Residential Income |
| Security Features | Security Lights,Smoke Detector(s) |
| Construction Materials | Brick,Concrete,Fiber Cement |
| Year Built Details | New Construction - Complete |
| HOA Type | None |
| Green Energy Efficient | Drought Tolerant Plants |
| Special Notes | Age-Restricted,Survey Available |
| # of Buildings | 3 |
| Green Landscaping | Native Landscape |
| Status | Active |
| Directions | It will Map 1 block off Washington across from TSU |
| City | Stephenville |
| Buyer Agent Compensation | 2 |
| Elementary School Name | Central |
| High School | Stephenvil |
| Street Name | Mcilhaney |
| Elementary School | Central |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20344182 |
| Standard Status | Active |
| Junior High School | Stephenvil |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Cable TV Available,Decorative Lighting,Eat-in Kitchen,Flat Screen Wiring,Granite Counters,High Speed Internet Available,Open Floorplan,Pantry,Walk-In Closet(s) |
|---|---|
| Flooring | Ceramic Tile,Luxury Vinyl Plank |
| Occupancy Rate | 99 |
| Total Units | 20 |
| Unit Count | 3 |
| Lock Box Type | See Remarks |
| Street Suffix | Street |
| Total Bedrooms | 44 |
Exterior Features
| Exterior Features | Dog Run |
|---|---|
| Lot Features | Few Trees,Landscaped |
| Lot Size Source | Assessor |
| Parking Features | Asphalt,Common,Lighted,Parking Lot,Paved,Permit Required,Private,Unassigned |
| Lot Size | .5 to < 1 Acre |
| Foundation | Slab |
| Lot Size Area | 0.9240 |
| Lot Size Dimensions | 162 x 258 |
| Number Of Parking Spaces | 40 |
| Lot Size Units | Acres |
| Building Area Total | 20250.00 |
| Lot Size Square Feet | 40249.4400 |
| Lot Size Acres | 0.9240 |
| Patio And Porch Features | Covered,Front Porch |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 76401
Price
Taxes
Visits
Year Built
Walkscore
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
