512 / 516 East Walnut , Lometa, TX 76853(Lampasas County)

An excellent opportunity for a one of a kind income producing rental property! These two turnkey Duplex units have had an occupancy rate of 95% over the last 10 years and currently have 100% occupancy. Both properties together, each consisting of two separate 3 bedroom, 2 full bath, 1 car garage rentals, produce $2600 in monthly rent! A perfect investment for the new homeowner who wants to offset a mortgage or a business expanding its rental footprint in the local area. Custom designed and built to exacting codes by local builder Ronn Farr in 2003, each of the 4 units measures 1355 sqft under central heat and air, two full baths, carpeted bedrooms, efficiency windows and more than ample closet space throughout. Each unit has a one car garage that puts the total square footage for each unit at approximately 1400 SQFT. Stained concrete floors, french doors to the back yard and an open floor plan create a welcoming environment for all. Vaulted ceiling in the entry living room and plenty of windows leads to a full size galley kitchen with range/oven, refrigerator/freezer, plenty of cabinets and counter space and dining area. Master bedroom has walk in closet, dual sink vanity top and full bath/shower, an additional dual door closet and a large window overlooking the yard providing great lighting. Each bedroom has oversized dual door closets for storage and ceiling fans w/lights. Main hallway has washer/dryer hook up for indoor laundry or move them to the garage for more usable indoor space. Additional storage in the attic with access from the garage. Back yard is fully fenced and lawn has sprinkler system. With the purchase of both properties comes and external water well, well house and larger side yard. Water well feeds the lawn sprinkler system and spigots for lawn care for all properties. Don't let this opportunity pass you by! Owner is willing to sell properties separately but priced better together. Call for more information and to set up an appointment before these are gone!