7544 N Us Highway 69 Highway, Alba, TX 75410
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: alex chapa
Office: marksman management, real estate & auction
MLS#:21397839
Source:GDAR
Price summary
- Price:$500,000
- Price per sq. ft.:$248.02
About this home
INVESTMENT AND INCOME OPPORTUNITY ON HWY 69! Owner financing available! This versatile property offers multiple existing rental income streams along with excellent potential for future expansion. The property currently features three occupied studio units, each offering 1 bedroom, 1 bathroom, and heating and cooling, with current rents of $600, $650, and $700 per month. A separate 3 bedroom, 2 bathroom home is also currently rented for $1,600 per month, bringing total existing rental income to approximately $3,550 per month.
Adding even more opportunity, an additional structure on the property could potentially be finished out for another residential rental, office, business, or other income-producing use. Pre-existing utility infrastructure provides a valuable head start for expanding the property with additional units and increasing future rental income.
With established tenants, multiple income-producing units, Highway 69 frontage, and room to grow, this property presents an exciting opportunity for investors looking to acquire an existing rental operation with additional value-add potential. Continue operating the current rentals while exploring expansion, additional residential units, or commercial possibilities to maximize the property's income potential....
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Home facts
- Year built:2000
- Subdivision & Development:NONE
- Listing ID #:21397839
- Added:1 day(s) ago
- Updated:October 21, 2026 at 02:03 PM
Rooms and interior
- Living area:2,016 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Fireplaces
Structure and exterior
- Roof:Metal
- Year built:2000
- Building area:2,016 sq. ft.
- Lot area:9.29 Acres
- Lot Features:Acreage, Many Trees
- Construction Materials:Brick
- Foundation Description:Pillar Post Pier
- Levels:2 Story
Schools
- High school:Albagolden
- Middle school:Albagolden
- Elementary school:Albagolden
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$248.02
Parking
- Total parking spaces:2
- Garage:Yes
- Garage spaces:1
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