2507 E Adams Avenue, Temple, TX 76501 (MLS # 613629)
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 |
Listed with Anchor Realty
Listing information is provided by the Central Texas Multiple Listing Service, Inc., and is deemed to be reliable but is not guaranteed. 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.
This IDX solution is (c) Diverse Solutions 2026.