83 Roots Road Martindale, TX ^$ 920,000

83 Roots Road

^$ 920,000

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83 Roots Road

Martindale, TX, 78655

^$ 920,000

Studio Baths0.0 Sq 2,788

Monthly Estimate*

^$ 6,115

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Studio

Single Family Home for sale in Martindale, TX

for $920,000. This 2,788 square foot home was built in 1972 on a lot size of 3.

Rare turn key investment property! Income producing mobile home park for sale: total of three acres with 6 units. With no restriction or zoning, this 100% occupied property is at 7.5% Cap Rate! This low maintenance cash flow property is located minutes away from Toll 130 & IH-35 and nearby big franchises. Surveys for each parcel available. Even with gross income of $8294 monthly, there's room for higher income to meet the market!

Single Family Active

Price

^$ 920,000

Bedrooms

Studio

Property Type

Single Family

Taxes

^$ 0

Style

Manufactured Home

Lot Size

Year Built

1972

Town/City

Martindale

County/Region

Caldwell

MLS | Web ID

511881

Features

General

Interior Features CeilingFans KitchenDiningCombo

Sewer SepticTank

Cooling Item1Unit

Utilities ElectricityAvailable SeparateMeters WaterAvailable

Possession ClosingFunding Closing

Roof Composition Shingle

Appliances ElectricWaterHeater

Garage Spaces 0.0

Architectural Style ManufacturedHome

Pool Features None

Security Features GatedCommunity

Construction Materials Other SeeRemarks VinylSiding

Year Built 1972

View Water

Stories 1

Levels One

Property SubType MobileHome

Community Features Gated

Accessibility None

County Caldwell

New Construction N

Property Type Residential

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

Directions From I35S turn left onto TX-80S/E Hopkins St. Turn left onto W Ridge Rd then onto Ridge Loop. Turn left onto Roots Rd.

City Martindale

Body of Water Water View

View Y/N Y

Senior Community Y/N N

High School District San Marcos Cisd

Total Units 6

Waterfront Y/N N

Carport Spaces 0.0

Carport Y/N N

Street Name Roots

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Body Type DoubleWide SingleWide

Property Condition Resale

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 5

Structure Type ManufacturedHouse

Standard Status Active

Middle/Junior School District San Marcos Cisd

Elementary School District San Marcos Cisd

Year Built Source Assessor

Property Sub Type Additional MobileHome MultiFamily

Interior

Flooring Vinyl

Fireplace Features None

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Road

Laundry Features InUnit

Electric On Property Y/N Y

Total Baths 0

Exterior

Fencing None

Water Source NotConnectedatlot MultipleMeters

Foundation Details PillarPostPier

Spa N

Lot Size Acres 3.0

Road Surface Type Caliche

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 83

* Excluded Features

List By

Neha Rabbani

Listing Agent

Land Up Realty & Investments

Broker

rabbanineha@gmail.com

Affordability Calculator

$6,115

Per Month

Monthly Principal & Interest: $6,115
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Martindale, TX

Average List Price ^$515,917

Percent of Sale Price 44%

About Martindale, TX

1,191 Population

27% Since 2002

^$61,500 Median Income

36.94 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1749444 Elementary School

1749447 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
6/22/2023	$920,000		Listed Price

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83 Roots Road, Martindale, TX, 78655 is a Single Family Home for sale at $920,000 with 2,788 sqft and a lot size of 3. 83 Roots Road is a studio with 0.0 baths and was built in 1972. The property's zip code is 78655 which is in Martindale, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Central Texas MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Central Texas MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/31/2024.

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83 Roots Road

Single Family Home for sale in Martindale, TX

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