Investing in real estate is a popular way to build wealth and secure a steady income stream. One property that stands out in the market is the Texas Investment Property for Sale located near the downtown medical district. This property is a great investment or rental opportunity that offers a range of amenities and benefits.
The property has been recently updated with new flooring, fresh paint inside and out, and new kitchen counters. The updates make the property more attractive to potential renters and add value to the investment. The home features a large open concept living area, kitchen, and dining area, which is perfect for entertaining guests or family gatherings.
The property also includes a spacious backyard that is fenced, providing privacy and a safe space for children or pets to play. The concrete driveway and 3 car attached carport provide ample parking space for tenants or guests. Additionally, there is a large attached workshop on a slab and a storage shed, which can be used for various purposes, including storage or as a workspace.
One of the most significant advantages of owning this property is its location. It is situated in a highly sought-after area near the downtown medical district, which is home to numerous hospitals, clinics, and medical facilities. This location makes it an attractive rental property for medical professionals who want to live close to their workplace.
Currently, the property is rented for $1200 per month, providing a steady income stream for the owner. The rental income covers the mortgage payment and other expenses, making this investment a profitable venture. The property’s potential for appreciation also adds to its value, making it a wise long-term investment.
In conclusion, the Texas Investment Property for Sale is an excellent investment opportunity or rental property located in a prime location. The recent updates, spacious living area, fenced backyard, ample parking, and workshop make this property appealing to tenants and a sound investment for property owners. With the potential for appreciation and a steady income stream, this property is a smart investment choice for anyone looking to secure their financial future.
718 Moore, Lufkin, TX 75904