309 S 31st Street, Temple, TX 76504
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: taylor dasch
Office: eg realty
MLS#:598587
Source:TX_FRAR
Price summary
- Price:$89,900
- Price per sq. ft.:$114.09
About this home
309 S 31st St, Temple TX — Zoned Multi-Family | Investment Opportunity
Endless potential in a prime location near Baylor Scott & White Hospital. This property offers a rare opportunity in Temple: a current 1 bedroom, 1 bathroom home with a multi-family zoning designation and a second unit slab already poured and ready for construction. With the ability to add an additional dwelling unit on site, investors and buyers have multiple rental and value-add options, including house hacking or creating an income-producing second unit.
The existing home features a large primary bedroom, a bonus flex space that could be converted into a second bedroom, a bright living room with oversized windows that provide excellent natural light, and a spacious kitchen with room to redesign. While the home will need updates, the potential return is significantly enhanced with the option to build a brand-new second unit on the existing slab.
This property is located close to the Baylor Scott & White Medical District, the VA Hospital, downtown Temple, restaurants, and major employment hubs, making it an attractive location for short-term, mid-term, or long-term rental strategies. With strong equity upside and multiple exit strategies, this is an excellent opportunity for investors, builders, or buyers seeking a multi-unit investment property in a rapidly growing area.
Contact an agent
Home facts
- Year built:1934
- Listing ID #:598587
- Added:1 day(s) ago
- Updated:November 23, 2025 at 03:21 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:788 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Composition, Shingle
- Year built:1934
- Building area:788 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$89,900
- Price per sq. ft.:$114.09
New listings near 309 S 31st Street
- New
$269,900Active3 beds 2 baths1,879 sq. ft.5318 Whistle Stop Drive, Temple, TX 76502
MLS# 598585Listed by: EXP REALTY LLC - New
$359,900Active4 beds 3 baths2,030 sq. ft.2217 Stagecoach Trail, Temple, TX 76502
MLS# 598542Listed by: CENTRAL METRO REALTY, LLC - New
$277,000Active3 beds 2 baths1,673 sq. ft.1012 H K Allen Parkway, Temple, TX 76502
MLS# 598551Listed by: ODP PROPERTY MANAGEMENT - New
$319,000Active5 beds 3 baths2,954 sq. ft.8509 Fallen Leaf Lane, Temple, TX 76502
MLS# 597850Listed by: ISAAC SCHLABACH - New
$270,000Active4 beds 2 baths1,693 sq. ft.411 Mccullough Loop, Temple, TX 76502
MLS# 598500Listed by: VISTA REAL ESTATE GROUP-COMPASS RE TEXAS, LLC - New
$315,900Active3 beds 3 baths2,130 sq. ft.1126 Daffodil Drive, Temple, TX 76502
MLS# 597359Listed by: LINNEMANN REALTY - New
$169,900Active3 beds 2 baths1,484 sq. ft.1219 S 17th Street, Temple, TX 76504
MLS# 598330Listed by: VISTA REAL ESTATE GROUP-COMPASS RE TEXAS, LLC - New
$550,000Active3 beds 2 baths2,160 sq. ft.5200 Ledge Road, Temple, TX 76502
MLS# 598400Listed by: KELLER WILLIAMS LONE STAR REALTY - New
$239,900Active3 beds 2 baths1,369 sq. ft.1908 Stratford Drive, Temple, TX 76502
MLS# 598302Listed by: ISBELL REALTORS