Discover the potential for 4-5 separate rental incomes in this unique multi-unit property, conveniently situated with easy access from Jolly Rd. The first unit is tenant-occupied, offering an immediate income opportunity. Land is currently being cleared to make ready for your vision! Each of four spaces feature it's own septic system, and separate city electricity meters have been set up for convenience. The property benefits from well water provided via a pumphouse on the southeast side. Pictures are available for your perusal, and we're here to answer any questions you may have. Explore this exciting investment opportunity today!
Sold on 03/04/24
Price Unknown
12040 JOLLY RD, Adkins, TX 78101
3beds
51,836sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$1,267 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,267/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 04, 2024 at 07:17am
Listed by:
Christopher Drawdy TREC #790317 (210) 214-2673,
eXp Realty
Source: LERA MLS,MLS#: 1728367
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Propane Owned
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Linoleum
- Has basement: No
Interior area
- Total structure area: 51,836
- Total interior livable area: 51,836 sqft
Property
Parking
- Total spaces: 12
- Parking features: Parking Pad, Pad
Features
- Levels: One
Lot
- Size: 1.19 Acres
- Residential vegetation: Mature Trees
Details
- Parcel number: 051630000072
- Zoning description: OCL
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Siding
- Foundation: Other
- Roof: Flat
Condition
- New construction: No
Utilities & green energy
- Electric: CPS, Separate Electric Meter(s)
- Sewer: Septic, Septic
- Water: Well, Common Water Meter(s)
Community & neighborhood
Location
- Region: Adkins
- Subdivision: South East Central (Ec)
HOA & financial
Other financial information
- Total actual rent: 550
Other
Other facts
- Listing terms: Conventional,Cash,Investors OK
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2024 | Sold | -- |
Source:  LERA MLS #1728367 | ||
| 1/17/2024 | Pending sale | $180,000$3/sqft |
Source: LERA MLS #1728367 | ||
| 12/22/2023 | Contingent | $180,000$3/sqft |
Source: LERA MLS #1728367 | ||
| 11/7/2023 | Listed for sale | $180,000$3/sqft |
Source: LERA MLS #1728367 | ||
| 10/30/2023 | Contingent | $180,000$3/sqft |
Source: LERA MLS #1728367 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2019 | $1,016 | $48,790 -87.5% |
| 2018 | $1,016 -84.8% | $391,380 +22.3% |
| 2017 | $6,675 +9.1% | $320,000 +6.7% |
Find assessor info on the county website
Neighborhood: 78101
Nearby schools
GreatSchools rating
- 7/10Oak Crest Elementary SchoolGrades: PK-5Distance: 6.1 mi
- 3/10East Central Heritage Middle SchoolGrades: 6-8Distance: 6 mi
- 3/10East Central High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: Oak Crest Elementary
- Middle: Heritage
- High: East Central
- District: East Central I.S.D
Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.