541 S Allen St, Boyd, TX 76023
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We have negotiated a new contract and want to extend the saving on to you!! Two Separate Homes on One Property in Boyd for $130K! Welcome to your next investment opportunity! Located in the charming town of Boyd, TX, this property at 541 South Allen St. is perfect for real estate investors seeking a flip or rental deal. Reduced Sale Price: $130,000 (OBO) EASILY meets the "10% rule" for investment properties. Property Overview: Type: Single Family Bedrooms: 3 (Front Unit), 1 (Rear Unit) Bathrooms: 1 (Front Unit), 1 (Rear Unit) Square Footage: 1,008 (Front Unit), ~500 (Rear Unit) Lot Size: 0.317 acres Year Built: 1960 Exterior: Siding Roof: Asphalt Shingles Parking: 2 spaces Financial Details: Monthly Rental Income: $1,600 (combined from both units; can be increased) Front Unit: Previously rented at $1,050 (newly vacant) Rear Unit: Currently rented month-to-month at $550 (same tenants for 5 years) Annual Taxes: $3,830.41 Assessed Value (2024): Building: $132,551 Land: $69,045 Total: $201,596 HOA Fees: $0 Repair Notes: Both units are fully electric. Older HVAC systems on both units with recent maintenance last year. Potential for rental income increase. Additional Features: Utilities: City water and sewer. Contact Information: Contact Person: Michael Lewis Phone: 940-255-7227 Email: [email protected] Let me know if you'd like any further details or assistance with this property!