2507 E Adams Ave, Temple, TX 76501
- Beds
- 8
- Baths
- 5
- Sqft
- 2,633
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Investor opportunity! Rare chance to own 3 dwellings on 1 acre — nearly impossible to find at this price point. Each home has its own septic system, and all roofs are approximately 3–4 years old.
Property Features – 3 Dwellings
• Dwelling 1: 816 sqft, 3 bed / 1 bath
• Dwelling 2: 704 sqft, 2 bed / 1 bath
• Dwelling 3: 1,113 sqft, 3 bed / 2 bath
All three units are currently rented with leases in place, making this a true turnkey cash-flowing asset for investors looking to park cash and generate immediate income.
Current rents:
• Dwelling 1: $950/mo
• Dwelling 2: $900/mo
• Dwelling 3: $1,100/mo
Total monthly income: $2,950/mo | Annual gross income: $35,400/year
At approximately $275,000 with a minimum 20% down conventional investment loan at 7% interest on a 30-year fixed rate, estimated principal and interest payment is approximately $1,465/mo before taxes and insurance.
This property offers an impressive approximately 12.9% gross cap rate with rents producing roughly double the estimated principal and interest payment, creating exceptional cash flow potential from day one.
Properties with 3 dwellings on 1 acre at this price are extremely hard to come by. Great opportunity for investors looking to expand their portfolio with an income-producing property.
Location
Full feature list
Basic info
- Property type
- House
- Number of stories
- 1
- Number of bedrooms
- 8
- Number of bathrooms
- 5
- Square feet
- 2,633
- Lot size (acres)
- 1.01
- Year built
- 1923
Interior features
- Laundry
- Laundry Room, Laundry in Utility Room
Utilities
- Sewer
- Public Sewer
- Water
- Public Water
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Central Texas MLS MLS®#: 613629 Last checked: …

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