111 Canal Street

Early, TX 76802

$750,000
Price
Beds
5,084 Sq. Ft.
$148 / Sq. Ft.
5,084
Sq. Ft.
$148
per Sq. Ft.

Description

Great investment opportunity! Very nice 1BR efficiency apartments that rent for $700 to $800 per month, which includes water and electric. The structures were sprayed with foam insulation and have high energy split units for heat and air. All units stay occupied. There are 2 separate buildings with 6 units in each one. They were built in 2017 and 2019. There is also sewer and water taps already in place for 12 more units and the electric design for 6 units.Great investment opportunity! Very nice 1BR efficiency apartments that rent for $700 to $800 per month, which includes water and electric. The structures were sprayed with foam insulation and have high energy split units for heat and air. All units stay occupied. There are 2 separate buildings with 6 units in each one. They were built in 2017 and 2019. There is also sewer and water taps already in place for 12 more units and the electric design for 6 units.
  1. Listed by Paula Gilliam • TREC #0636615 • Texas Realty • 325-784-5100

Property Details for 111 Canal Street

Subdivision Name
Homewood Sub
Pool
No
Number Of Parking Spaces
12

Location

Listing Courtesy of Texas Realty, Paula Gilliam
Add your commute
LISTING UPDATED: 04/12/2024 09:55 AM

Property Details for 111 Canal Street

StatusActive
MLS #20582830
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built2017
Lot Size1.11 AC / 48,438 SF
CountyBrown County

Location

Listing Courtesy of Texas Realty, Paula Gilliam
Add your commute

Building Information for 111 Canal Street

Stories1Residences12Year Built2017Building Size-Lot Size1.11 AC / 48,438 SF

Payment Calculator

$4,825 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$732

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 111 Canal Street

Summary
Location and General Information
  • Block: 4
  • Complex Name: Canal
  • Directions: From Brownwood Walmart, travel towards Early approximately 1.7 miles, turn left onto Canal St, then right onto Homewood Cir, property on the left on 111 Canal St.
  • Elementary School: Early
  • High School: Early
  • High School Name: Early
  • Middle School: Early
  • Primary School: Early
  • Year Built Details: Preowned
  • School District: Early ISD
  • Geocode Confidence: Medium
  • Latitude: 31.74
  • Longitude: -98.95
  • State: Texas
Parking
  • Parking Features: Common, Other
Taxes and HOA Information
  • Tax Legal Description: HOMEWOOD SUBDIVISION, BLOCK 4, LOT 13-15
  • Association Type: None
  • Tax Lot: 13
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Laminate
  • Heating: Electric
  • Interior Features: Other
  • Appliances: Electric Range
  • Cooling: Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Frame
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Number Of Units Total: 12
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Financing Proposed: 1031 Exchange, Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size: 1 to < 3 Acres
  • Lot Size Acres: 1.112
  • Lot Size Area: 1.112
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 48438.72
  • Multi Parcel ID: No
  • Parcel Number: 49379
Multi Family
Multi-Family Information
  • Number Of Buildings: 2
  • Capitalization Rate: 3.44%
  • Gross Annual Expenses: $80,053
  • Gross Annual Income: $105,000
  • Insurance Expense: $2,318
  • Net Operation Income: $25,784.00

Property History for 111 Canal Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 111 Canal Street

Taxable ValueLand$25,570Additions$387,890Total$413,460
Tax Record2022$8,787 ($732 / month)
Home Facts
Total Finished SqFt5,084 SqFtAbove Grade Finished SqFt5,084 SqFtLot Size48,443 SqFtStyleMulti-Family Dwelling (2-4)Year Built2017CountyBROWNAPN49379

Schools near 111 Canal Street

This home is within Early 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
Early Primary School
PublicPK to 2

Early Elementary School
Public3 to 5

Early Middle School
Public6 to 8

Early 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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111 Canal Street is a multi-family home for sale in Early, TX 76802. This property was listed for sale on April 8, 2024 by Texas Realty, it's currently listed at $750,000. This listing's school district is Early Independent School District. Nearby schools include Early Primary School, Early Elementary School and Early Middle School. 111 Canal Street is a 0-bed, 0-bath, 5,084 sqft multi-family home built in 2017.

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 Texas Realty, Paula Gilliam

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 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 04/12/2024 09:55 AM