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    135 & 125 Mitchell Dr

    Spring Branch, TX 78070
    • $2,000,000
    • STATUS: Active
    • ON SITE: 27 days
    • MLS #: 1519475
    $2,000,000
    • 0
      BEDS
    • 14.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1975
    County:

    School Ratings & Info

    School District:

    Description

    Investors Opportunity! 14 plus acres in Spring Branch near Highway 46 with a principal home, additional 19 rental units, and hose barn. Plenty of open space for recreation or further development. The back end of this property sits directly behind Faithville Shopping Center. The property consists of one single family home, 19 rental units which have had a very strong occupancy history, near 100% occupancy level since origination . An investor will have the ability to increase rents immediately on the 19 "month to month" rental units and further increasing income by leasing the principal residence. Gross Income stated is based on current rentals received. The site also offers additional space to built or add more rental units and increase investment profits.

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    © 2021 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or JP & Associates Realtors. Last updated 2021-05-06T23:32:29.04.
    www.evalonmyrealtor.com/homes/115970156
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    135 & 125 Mitchell Dr Spring Branch, TX 78070

    • Price: $2,000,000
    • Status: Active
    • MLS #: 1519475
    0
    Beds
    0
    Baths
    0
    ½ Baths
    14.3
    Acres
    1975
    Built
    Neighborhood:
    Spring Branch
    County:
    Comal
    Area:
    Spring Branch
    School District:
    Smithville ISD
    Property Description
    Investors Opportunity! 14 plus acres in Spring Branch near Highway 46 with a principal home, additional 19 rental units, and hose barn. Plenty of open space for recreation or further development. The back end of this property sits directly behind Faithville Shopping Center. The property consists of one single family home, 19 rental units which have had a very strong occupancy history, near 100% occupancy level since origination . An investor will have the ability to increase rents immediately on the 19 "month to month" rental units and further increasing income by leasing the principal residence. Gross Income stated is based on current rentals received. The site also offers additional space to built or add more rental units and increase investment profits.
    Exterior Features

    Construction Other Drive In Doors 0 Foundation Other Loading Facilities None Rail Service No Total Parking 50

    Interior Features

    Ceiling Height 10

    Property Features

    Amenities Not Applicable/None Annual Tax 14924 Approx Age 46 Available With Lease No Building Center Name None City Tax 0 Commercial Type Multi-Use County Tax .319 Flood Plain None Gross Income 207000 Lease Only No Monthly Lease 0 Other Tax .186669 Potential Short Sale No Proposed Terms CashConventionalContract For Deed Rentals 19 Restrictions None Sale Includes BuildingsLand Sale Rent For Sale School Tax 1.2757 Total Tax 1.781369 Utilities ElectricityWaterTelephoneSewer Vacancy Rate Year 0 Zoning Multiple

    Listing provided courtesy of Ernesto Gonzalez of Re/Max Signature.


    © 2021 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or JP & Associates Realtors. Last updated 2021-05-06T23:32:29.04.
     
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    JP & Associates Realtors
    2511 N Loop 1604 W, Ste 101
    San Antonio TX, 78258