6430 E US Highway 84, Gatesville, TX 76528

$437,500
2,608
SqFt

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List Price
$437,500
Status
ACTIVE
Days on Market
89
MLS#
612162
Subtype
Residential
Style
Traditional
Architectural Style
Traditional
Year Built
1965
Living Area
2,608
Acres
2.77
Subdivision
J B Smith
Neighborhood
J B Smith

Property Description

Owner Financing available with approved credit. Income-producing property situated on 2.77 acres with excellent highway frontage and future expansion potential. This beautiful tract with mature trees features a perimeter fence and two separate entrances along Hwy 84, offering convenience and flexibility for multiple residences. The property currently includes two tenant-occupied homes providing immediate rental income: • Manufactured home: 3 bedrooms, 2 baths, two living areas, plus a bonus space in the primary suite. Currently leased for $1,400/month. • Remodeled residence: 2 bedrooms, 1 bath, recently updated inside and out with modern finishes. Currently leased for $1,300/month. Mountain Water Supply has indicated availability for two additional water meters (buyer to verify), creating strong potential for added rental units or future development. The acreage offers ample space for expansion while maintaining privacy. Located outside city limits yet just minutes from Gatesville, with convenient access to Waco, Temple, Killeen, and Fort Hood. Excellent opportunity for investors seeking immediate cash flow with room to grow.

Additional Information

Interior Features
Other, See Remarks
Property Description
Traditional
Appliances
Other, See Remarks
Heating
Central, Electric, Fireplace(s)
Air Conditioning
Central Air, Electric
Stories
1
Levels
One
Roof
Mixed
Foundation
Other, See Remarks
Pool Type
None
School District
Gatesville ISD
View
None

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Calculator source: Real Geeks

Courtesy of Tejas Real Estate