951 Lynch Bend Road, Springtown, TX 76082

$335,000 Asking Price

4 beds
3 baths
1,736  sqft
Built in 2022

Exceptional Investment Opportunity Imagine owning a 1.3-acre lot with two charming homes occupied by wonderful tenants. This is not just an investment—it's a chance to enjoying a steady income. Property Highlights: Spacious and Versatile Lot: Spread over 1.3 acres, this property offers vast space, ideal for anyone looking to invest in an area with potential for growth and expansion. Consistent Rental Income: With two homes on the lot, a total of 1746 square feet, each generating rental income, you can expect a combined total of approximately $2,875 per month. Both homes are leased until 2024 and 2025, ensuring a reliable income stream for years to come. Great Tenants: The current tenants are not just paying the rent; they’re taking good care of the homes, making them an asset you can count on. They have proven to be reliable, minimizing any worries about property maintenance or tenant turnover.


Features & Amenities

Interior

General:
Decorative/Designer Lighting Fixtures,Open Floorplan,Pantry,Cable TV
Appliances:
Electric Range
Flooring:
Bamboo,Ceramic Tile,Laminate
A/C:
true, Electric
Fireplace:
Fireplaces: 0

Exterior

Style:
Detached
Parking:
Gravel,No Garage

Construction

General:
Fiber Cement,Concrete,Wood Siding, 1

Location

Originating MLS:
NTR
School District:
Springtown ISD
County:
Parker

Lot

Zoning:
ACRES: 1.300 LOT: 5 BLK: 1 SUBD: KINSLEY ESTA, R000119541

Utilities

Utilities:
Municipal Utilities,Water Available,Cable Available

Financial

Source:
NTR
Exclusions:
Washer Dryer- frig

This listing courtesy of:
Fathom Realty, Mumtaz Afzal

About Springtown, TX

Housing

Number of Units
9,404
Median Home Value
$171,008
Median Rent
$813

17.36% of housing units are renter occupied.

6.00% are vacant.

Commute

Car
72.38%
Public Transportation
0.09%
Walk to Work
0.58%
Work from Home
26.09%
Other
0.85%

The median travel time to work is 30 minutes.

People

Population
22,426
Median Age
38.70
Median Household Size
3.06

Education

High School
34.64%
Associate’s Degree
11.61%
Bachelor’s Degree
10.59%
Graduate Degree
3.92%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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