1880 Fm 20,  Red Rock  (78662)

$1,150,000

0 bedrooms 0   0 bathrooms 0   1358 square feet 1,358
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PROPERTY DETAILS

Address: view address
Red Rock, TX 78662
Map Location
Bedrooms: 0
Square Feet:1,358 sq.ft.Lot Size:15.35 acres
Year Built:1956Property Type:Duplex
Community:BWNeighborhood:Lentz, Jacob G
County:BastropList Date:2024-03-02
Listing Number:1597338Listed By:All City Real Estate Ltd. Co
Listing Office:(512) 412-2331

PROPERTY DESCRIPTION

This unique income-generating property presents an exceptional investment opportunity with historically low vacancy rates for both its RV park and duplex units. The property is strategically positioned with 450 feet of frontage on HWY 20, offering excellent visibility and accessibility. The duplex, originally a farmhouse, has been meticulously converted and extensively renovated. One side is currently leased for $1,042.50 per month with a lease ending on July 31st, 2024. The other unit is currently utilized by the owner. The RV park comprises eight spacious spaces and all currently leased. Each equipped with 20, 30, and 50 amp metered service, septic hookups, and metered water. Additionally, there is a separate aerobic septic system dedicated to the RV park for efficient waste management. The property also includes a laundromat with coin-operated Maytag washer and dryer, providing an added convenience for tenants and visitors. A 40’ x 60’ steel barn with a 20’ x 40’ slab, electric, and water connections offers ample storage space, with two framed tool sheds (8’ x 12’ and 8’ x 16’) inside the barn. The property is fenced on three sides, providing security and privacy. A new conventional septic system was installed for the duplex in 2022, ensuring modern and efficient waste management. The topography and elevations of the property suggest potential for additional commercial or residential development, making it an ideal investment for those looking to expand or diversify their portfolio. With its prime location, extensive amenities, and potential for growth, this income-generating property is a rare find and a solid investment opportunity.

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Interior

Dishwasher:YesDryer:Yes
Electric Range:YesLaminate Flooring:Yes
Space Heater(S):Yes

Exterior

Living Square Feet:1,358.00Metal Roof:Yes

Property and Lot Details

Elementary School:Red RockHigh School:Cedar Creek
Lot Acres:15.35Lot Has Eastern Exposure:Yes
Lot Has Pond:YesLot Sqft:668,820.24
Middle School:Cedar CreekPublic Water:Yes
Septic System:YesSubdivision:Lentz, Jacob G
Taxes:3,046.22Transaction Type:Sale
Year Built:1956

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Property listed by: All City Real Estate Ltd. Co