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Residential (town-s/D),Farm,Standard Frame - Burton, TX
Excellent opportunity for residential income producing property in small town Texas! Rare chance to own 1.3 acres in the middle of town. Located in the historic town of Burton, TX, halfway between Houston and Austin in the rolling hills of Washington County. Property is historic itself in that the building was built in 1914 as Burton?s public school and afterwards became a home for senior citizens. Building has been lovingly maintained over the years and transitioned to the town?s only apartment property. Currently set up with One bedroom and Two-bedroom units- 6 units in the building, as well 2 cottages on the property. Property has on site washer/dryer facilities for tenant?s use. Units have excellent occupancy rates, 2% vacancy over last two years and a 7.13% cap rate.
Copyright © 2025 South Central Texas Board of Realtors. All rights reserved. All information provided by the listin...
Copyright © 2025 South Central Texas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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