308 S 11th Street, Slaton, TX 79364

Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
308 S 11th Street,Slaton, TX 79364
$89,000
  • 3 Beds
  • 2 Baths
  • 1,049 sq. ft.
  • Single family
  • Active
Listed by:karla ross
Office:lubbock select realty
MLS#:202557098
Source:TX_LAR

Price summary

  • Price:$89,000
  • Price per sq. ft.:$84.84

About this home

This is the kind of investment opportunity that checks every box: strong cash flow, future upside, and a turnkey tenant in place. Located on a spacious corner lot in Slaton, TX, this 3-bedroom, 2-bath property currently exceeds the sought-after 1% rule. A 2-year lease is in place, providing immediate, reliable rental income with no downtime. The home is currently occupied as a single-family residence, but savvy investors will appreciate the value-add potential. With minimal modifications, the layout could be reconfigured to create two separate units. The front portion of the home would serve as a comfortable 2-bedroom residence, that accounts for the listed 1049 sq ft. The attached rear unit—offering an additional 650 sq ft—could function as an efficiency apartment, complete with its own kitchenette, private bathroom, and shared laundry access. This flexible configuration offers the ability to maximize rent and cater to a broader tenant base. Whether you're building your portfolio

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1945
  • Listing ID #:202557098
  • Added:103 day(s) ago
  • Updated:October 12, 2025 at 02:53 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,049 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Natural gas

Structure and exterior

  • Roof:Composition
  • Year built:1945
  • Building area:1,049 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Slaton
  • Middle school:Slaton

Utilities

  • Water:PUBLIC
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$89,000
  • Price per sq. ft.:$84.84
  • Tax amount:$1,760
The information being provided by Port Neches, Port Arthur & Nederland Board of Realtors is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Port Neches, Port Arthur & Nederland Board of Realtors. Southern Homes is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Southern Homes, a broker participant of Port Neches, Port Arthur & Nederland Board of Realtors. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Port Neches, Port Arthur & Nederland Board of Realtors and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2025 Port Neches, Port Arthur & Nederland Board of Realtors. All rights reserved.

New listings near 308 S 11th Street