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Status: Active

701 E Elm St 
Hillsboro, TX 76645

$199,900

------/mo*
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Turnkey Investment property! The main house is 2bed 2bath and rented long term at $1,250 per month and the ADU is 1bed 1bath and is rented long term for $600 per month, providing $22,200 annually with a gross cap rate of 9.66%! Low maintenance setup with excellent rental history! New roofs in 2022. Amazing location, close access to I-35 and downtown Hillsboro, easy commute to Waco and Fort Worth. Do not miss out on this rare opportunity!
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Bedrooms
2
Baths
2
House Size
1,247 sqft
Year Built
1945
Lot Size
0.18 ac
School District
Hillsboro ISD

Location

Market Insights

In the last 30 days, homes for sale in 76645, Hillsboro, TX were on the market for a median of 32 days and 0% of homes sold above list price.

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Interior Information

appliances
Dryer
Gas Cooktop
Gas Oven
Gas Range
Washer
features
Natural Woodwork
Open Floorplan
High Speed Internet

Property Information

other structures
Residence
parking
Covered
Detached Carport
No Garage
sewer
Public Sewer
subdivision name
Parks
utilities
Cable Available
Electricity Connected
Underground Utilities
water source
Public
  • Listed By Bryan Redmond
  • (214) 448-2203
  • Red Realty TX, LLC
  • (214) 448-2203
  • redrealtytx@gmail.com
  • MLS 21072727

Monthly Payments Calculator

Estimated Monthly Cost

$1,420

30 year fixed·6.9% interest rate
Principal & Interest
$1,053
Property Taxes
$167
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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