1 Acres in Uvalde, TX - $650,000

Amazing investment opportunity! 8 rental units located on one acre just 2 miles from city center. These nearly new properties where completed in 2020 and show virtually no wear, offering the new owner what should be years of trouble free use. Property consists of 4, one bedroom, one bath units, 2 stand alone two bedroom, one bath units and a duplex with 2, two bedroom, one bath units. All custom built by a highly respected, local homebuilder. Slab construction with metal roofs. The one bedroom units have a single mini-split, while the two bedroom units have two mini-split AC systems. Each has its own electrical meter. Public water system. 6 individual septic systems, all of which were pumped out prior to listing. All units are occupied and renters would like to stay on with new owner. 1Br properties rent for $650, while the 2Br units bring in $900 per month for a total income of over $74,000 per year. Being just outside the city, property taxes are low, maximizing profits.

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