2507 E Adams Avenue, Temple, TX 76501 (MLS # 613629)

2507 E Adams Avenue, Temple, TX 76501 (MLS # 613629)

Price $275,000
Status Active
Beds 8
Baths 5 Baths
Home size 2,633 sqft
Lot Size 1.01 ac
Days on Market 1
Investor opportunity! Rare chance to own 3 dwellings on 1 acre "” nearly impossible to find at this price point. Each home has its own septic system, and all roofs are approximately 3-4 years old. Property Features - 3 Dwellings "¢ Dwelling 1: 816 sqft, 3 bed / 1 bath "¢ Dwelling 2: 704 sqft, 2 bed / 1 bath "¢ Dwelling 3: 1,113 sqft, 3 bed / 2 bath All three units are currently rented with leases in place, making this a true turnkey cash-flowing asset for investors looking to park cash and generate immediate income. Current rents: "¢ Dwelling 1: $950/mo "¢ Dwelling 2: $900/mo "¢ Dwelling 3: $1,100/mo Total monthly income: $2,950/mo | Annual gross income: $35,400/year At approximately $275,000 with a minimum 20% down conventional investment loan at 7% interest on a 30-year fixed rate, estimated principal and interest payment is approximately $1,465/mo before taxes and insurance. This property offers an impressive approximately 12.9% gross cap rate with rents producing roughly double the estimated principal and interest payment, creating exceptional cash flow potential from day one. Properties with 3 dwellings on 1 acre at this price are extremely hard to come by. Great opportunity for investors looking to expand their portfolio with an income-producing property.
Property Type(s): Single Family
Last Updated 5/15/2026 Year Built 1923
County Bell

Additional Details

AIR CONDITIONING Yes
APPLIANCES Other
CONSTRUCTION Wood Siding
EXTERIOR None
INTERIOR Other, See Remarks
LOT 1.014 acre(s)
LOT DESCRIPTION City Lot
POOL DESCRIPTION None
SEWER Aerobic Septic
STORIES 1
STYLE Traditional
TAXES 4307
VIEW DESCRIPTION None
WATER Public
WATER ACCESS None
 

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Listed with Anchor Realty
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