106 North College Avenue

Cameron, TX 76520

$189,000
Price
5
Beds
3
Baths
2,870 Sq. Ft.
$66 / Sq. Ft.
2,870
Sq. Ft.
$66
per Sq. Ft.

Description

We are in a multiple offer situation. PLEASE SUBMIT YOUR HIGHEST & BEST BY THURSDAY, April 18th at 5PM Welcome to the heart of Cameron, TX, where investment opportunity awaits! Presenting a lucrative triplex centrally located near all the local shops, this property boasts an impressive 1% rent-to-purchase ratio making it a savvy addition to any investment portfolio. The two downstairs units are 1 bedroom, 1 bath each and the upstairs unit is 3 bedrooms, 1 bath. Two units are occupied and will need...We are in a multiple offer situation. PLEASE SUBMIT YOUR HIGHEST & BEST BY THURSDAY, April 18th at 5PM Welcome to the heart of Cameron, TX, where investment opportunity awaits! Presenting a lucrative triplex centrally located near all the local shops, this property boasts an impressive 1% rent-to-purchase ratio making it a savvy addition to any investment portfolio. The two downstairs units are 1 bedroom, 1 bath each and the upstairs unit is 3 bedrooms, 1 bath. Two units are occupied and will need a minimum of 24-hours notice to view. The third unit is currently vacant and could be used for owner-occupation or be rented out for full income potential!
  1. Listed by Ashley Fink • TREC #0806447 • Gingrich Group, LLC • 469-844-9201

Property Details for 106 North College Avenue

Subdivision Name
D Monroe Grammar School
Pool
No
Number Of Parking Spaces
4

Location

Listing Courtesy of Gingrich Group, LLC, Ashley Fink, TREC #0806447
Add your commute
LISTING UPDATED: 05/15/2024 08:31 AM

Property Details for 106 North College Avenue

StatusPending
MLS #20557059
Days on Market55
Taxes$3,044 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Triplex
Year Built1910
Lot Size0.33 AC / 14,374 SF
CountyMilam County

Location

Listing Courtesy of Gingrich Group, LLC, Ashley Fink, TREC #0806447
Add your commute

Building Information for 106 North College Avenue

Stories2Residences3Year Built1910Building Size-Lot Size0.33 AC / 14,374 SF

Payment Calculator

$1,285 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,031

Property Taxes

$254

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 106 North College Avenue

Summary
Location and General Information
  • Block: 19
  • Complex Name: Cameron Triplex
  • Directions: From FM485 S turn right onto US-77 for 4.7 miles. Turn right onto W 4th St. Turn left onto N Crockett Ave. Turn right onto W 2nd St. Turn right into N College Ave. The property will be on the right.
  • Elementary School: Cameron
  • Elementary School Name: Cameron
  • High School: Cameron Yoe
  • High School Name: Cameron Yoe
  • Junior High School: Cameron
  • Year Built Details: Preowned
  • School District: Cameron ISD
  • Geocode Confidence: High
  • Latitude: 30.85
  • Longitude: -96.98
  • State: Texas
Parking
  • Parking Features: Carport, Driveway, Off Street
  • Carport Spaces: 1
Taxes and HOA Information
  • Tax Legal Description: S09700 D MONROE (GRAMMAR SCHOOL) BLK 19 E PAR
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Hardwood, Vinyl
  • Heating: Electric
  • Interior Features: Chandelier
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Cooling: Wall/Window Unit(s), Window Unit(s)
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Wood
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Number Of Units Total: 3
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Patio, Rear Porch, Screened, Side Porch
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water, See Remarks
Property and Assessments
  • Financing Proposed: Cash, Conventional, FHA
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Size Units: Acres
  • Lot Size Square Feet: 14374.8
  • Multi Parcel ID: No
  • Parcel Number: R20526
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 10.94%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $23,220
  • Insurance Expense: $2,000
  • Net Operation Income: $20,680.00
Unit 1
  • Approximate SQFT: 731.0
  • Average Lease Amount: $655.00
  • Living Area Length: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 1 Bedroom
Unit 2
  • Approximate SQFT: 731.0
  • Average Lease Amount: $575.00
  • Living Area Length: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 1 Bedroom
Unit 3
  • Approximate SQFT: 1408.0
  • Average Lease Amount: $660.00
  • Living Area Length: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 3 Bedroom

Property History for 106 North College Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 106 North College Avenue

Taxable ValueLand$6,380Additions$115,770Total$122,150
Tax Record2022$3,087 ($257 / month)
Home Facts
Total Finished SqFt2,870 SqFtAbove Grade Finished SqFt2,870 SqFtLot Size14,375 SqFtStyleMulti-Family Dwelling (2-4)CountyMILAMAPNR20526Fireplace TypeHas Fireplace

Schools near 106 North College Avenue

This home is within Cameron Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Ben Milam Elementary School
PublicPK to 2

Cameron Elementary School
Public3 to 5

Cameron Middle School
Public6 to 8

Cameron Yoe High School
Public9 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gingrich Group, LLC, Ashley Fink, TREC #0806447

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.