217 2nd St
Description
Located at 217 Southeast 2nd Street in Cross Plains, this well-positioned two-building, four-unit duplex complex presents a compelling opportunity for investors seeking immediate cash flow with long-term upside. The property consists of two separate duplex buildings, offering operational flexibility and reduced risk through unit diversification. All four units are currently cash flowing, making this a true turnkey investment from day one....Income-Producing Duplex Portfolio - 4 Units - Cash Flowing
Located at 217 Southeast 2nd Street in Cross Plains, this well-positioned two-building, four-unit duplex complex presents a compelling opportunity for investors seeking immediate cash flow with long-term upside. The property consists of two separate duplex buildings, offering operational flexibility and reduced risk through unit diversification. All four units are currently cash flowing, making this a true turnkey investment from day one. Recent improvements include minor updates to the HVAC systems, enhancing efficiency and reliability, as well as newer appliances throughout the units—helping to reduce near-term capital expenditures and support tenant retention. The layout and configuration appeal to long-term renters, while the separate building setup provides potential advantages for future value-add strategies, individual building disposition, or refinancing options. Highlights for Investors:
Two buildings - four total units - duplex configuration
Currently cash flowing
Updated HVAC components
Newer appliances
Low-maintenance asset with stabilized income
Strong fit for buy-and-hold or portfolio expansion
This is an excellent opportunity to acquire a stabilized multifamily asset in a solid rental market, offering both immediate income and long-term appreciation potential.
- Listed by Jordan Barton • TREC #0769808 • Turnkey Realty LLC • 325-430-2411
Property Details for 217 2nd Street
Property Details for 217 2nd Street
| Status | Active |
|---|---|
| MLS # | 21135250 |
| Days on Market | 3 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Full Duplex |
| Year Built | 2018 |
| Lot Size | 0.32 AC / 13,982 SF |
| County | Callahan County |
Location
Building Information for 217 2nd Street
Payment Calculator
$1,137 per month
30 year fixed, 6.28% Interest
$1,137
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Property Information for 217 2nd Street
- Block: 46
- Complex Name: Cross Plains Duplexes
- Directions: From the main intersection in Cross Plains, head north towards Abilene. Turn right onto SE 2nd St. The property is a couple blocks down on the left.
- Elementary School: Cross Plains
- Elementary School Name: Cross Plains
- High School: Cross Plains
- High School Name: Cross Plains
- Middle School: Cross Plains
- Year Built Details: Preowned
- School District: Cross Plains ISD
- Geocode Confidence: High
- Latitude: 32.12
- Longitude: -99.16
- State: Texas
- Parking Features: Common, Driveway
- Garage: No
- Tax Legal Description: LOT: 5-6 BLK: 46 SUBD: CENTRAL - CP
- Association Type: None
- Tax Lot: 5
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/ntreis/21135250
- Flooring: Laminate
- Heating: Electric
- Interior Features: Eat-in Kitchen, High Speed Internet Available
- Appliances: Electric Range, Refrigerator
- Cooling: Electric
- Smart Home Features Appor Pass Y: No
- Building Area Source: Public Records
- Construction Materials: Wood
- Foundation Details: Pillar/Post/Pier
- Number Of Stories: 1
- Roof: Metal
- Waterfront: No
- Number Of Units Total: 4
- Levels: One
- Utilities: City Sewer, City Water, Electricity Connected
- Accessory Unit: No
- Financing Proposed: 1031 Exchange, Cash, Conventional
- Handicap: No
- Loan Type: Treat As Clear
- Property Match: Address
- Lot Size Acres: 0.321
- Lot Size Area: 0.321
- Lot Size Units: Acres
- Lot Size Square Feet: 13982.76
- Multi Parcel ID: No
- Parcel Number: R014030
- Number Of Buildings: 2
- Capitalization Rate: 8.43%
- Gross Annual Expenses: $10,000
- Gross Annual Income: $29,400
- Insurance Expense: $2,500
- Tenancy: No Smoking
- Net Operation Income: $19,400.00
- Approximate SQFT: 780.0
- Average Lease Amount: $12.00
- Living Area Length: 1.0
- Living Area Width: 1.0
- Unit Type Type: 1 Bedroom
- Unit Type Units Total: 1
- Approximate SQFT: 780.0
- Average Lease Amount: $12.00
- Living Area Length: 1.0
- Living Area Width: 1.0
- Unit Type Type: 1 Bedroom
- Unit Type Units Total: 1
- Approximate SQFT: 1050.0
- Average Lease Amount: $12.00
- Living Area Length: 1.0
- Living Area Width: 1.0
- Unit Type Type: 2 Bedroom
- Unit Type Units Total: 1
- Approximate SQFT: 525.0
- Average Lease Amount: $12.00
- Living Area Length: 1.0
- Living Area Width: 1.0
- Unit Type Type: Efficiency
- Unit Type Units Total: 1
Property History for 217 2nd Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 18, 2025 | Listed (Active) NTREIS #21135250 | $230,000 | — |
| Dec 13, 2022 | Sold NTREIS #14727785 | — | |
| Oct 24, 2022 | Pending NTREIS #14727785 | — | |
| Oct 12, 2022 | Active Option Contract NTREIS #14727785 | — | |
| Jun 8, 2022 | Price Change NTREIS #14727785 | $179,900 | — |
| Dec 17, 2021 | Listed (Active) NTREIS #14727785 | $189,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/18/2025 | Listed (Active) NTREIS #21135250 | $230,000 |
| 12/13/2022 | Sold NTREIS #14727785 | — |
| 10/24/2022 | Pending NTREIS #14727785 | — |
| 10/12/2022 | Active Option Contract NTREIS #14727785 | — |
| 06/08/2022 | Price Change NTREIS #14727785 | $179,900 |
| 12/17/2021 | Listed (Active) NTREIS #14727785 | $189,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 217 2nd Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Cross Plains Elementary School PublicPK to 6 | ||
Cross Plains High School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Turnkey Realty LLC, Jordan Barton
The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2025 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 12/19/2025 12:10 PM
