10 months on rocket

83 Roots Rd, Martindale, TX, 78655

$919,900

Home List Price

$10,000*

Closing Credit

0 Baths
2,788 SqFt
$330/SqFt
Multi
Schools Nearby

Location

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83 Roots Rd, Martindale$919,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOutside, See Remarks, Varies by Unit
Garage6 spaces
Year Built1972
HeatingOther
CoolingCeiling Fan(s), Other
ViewPond, Rural
MLS #7572048
Lot Size3.00 Acres
StatusActive

About 83 Roots Rd

Rare turn key investment property! Income producing mobile home park for sale: total of three acres with 6 units. With no restriction or zoning, this 100% occupied property is at 7.5% Cap Rate! This low maintenance cash flow property is located minutes away from Toll 130 & IH-35 and nearby big franchises. Surveys for each parcel available. Even with gross income of $8294 monthly, there's room for higher income to meet the market!

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 1
  • Living Area: 2,788 SqFt

Listing Office:

  • Office Name: Land Up Realty & Investments
  • Office Phone: (512) 655-2807
  • Listing Agent: Neha Rabbani

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Flooring Type: Laminate
  • Interior: Ceiling Fan(s), Main Level Primary, Open Floorplan

Exterior Features

Exterior Information:

  • View: Pond, Rural
  • Exterior: Private Yard, See Remarks

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Outside, See Remarks, Varies by Unit

Lot Features

Lot Information:

  • Lot: Cleared, Open Lot, Few Trees
  • Lot Size: 3.00 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Ceiling Fan(s), Other

School Info

Assigned Schools Information:

  • San Marcos High School, Public District Grades 9-12
  • Goodnight Middle School, Public District Grades 6-8
  • Dezavala Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From I35S, turn left onto TX-80S/E Hopkins St. Turn left onto W Ridge Rd then onto Ridge Loop. Turn left onto Roots Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $919,900
  • Price Per SqFt: $330/SqFt
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MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #7572048

Listing Office:

  • Office Name: Land Up Realty & Investments
  • Office Phone: (512) 655-2807
  • Listing Agent: Neha Rabbani

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/29/2024, 1:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$4,659

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,824

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3109689
4
/10
  • Dezavala Elementary School

  • 600 Fm 621 Dezavala Dr

  • 7.87 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3109690
3
/10
  • Goodnight Middle School

  • 1301 N State Highway 123

  • 8.10 miles

  • Public District Grades 6-8

High School

school-card-donut-3109691
2
/10
  • San Marcos High School

  • 2601 Rattler Rd

  • 8.93 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,851. Residents of Caldwell County, TX typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesTexasCaldwell CountyMartindale7865583 Roots Rd

This home is located at 83 Roots Rd in Martindale, TX and zip code 78655. This 2,788 square foot home, which was built in 1972, sits on a 3.00 acre lot. It has been listed on Rocket Homes since June 09, 2023 and is currently priced at $919,900.

Caldwell County, TX housing market in March 2024 saw over 4 listings sold above listed price, more than 6 sold at listed price and over 17 sold below. The number of listings in Caldwell County, TX increased by 2.3% between February 2024 and March 2024. While the average time on the market in March 2024 was 70 days, the median list price was $309,530.

From Rocket Homes Real Estate and based on county public records data.

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