About 249 S Mockingbird Lane
Two structure property featuring a 1,647 SF 3 bedroom, 1 bathroom house that is currently rented for $1,000 per month through February of 2024 and a 314 SF studio apartment that is currently rented for $550 per month through March of 2024. All utilities are separately metered for each structure and tenants pay all utilities. Corner lot with expansive driveway and carport that provides ample parking for tenants and guests. The roof on the main house needs to be replaced. Seller will replace roof before closing or give buyer a credit to use at closing.
Features of 249 S Mockingbird Lane
| MLS® # | 20454767 |
|---|---|
| Price | $156,750 |
| Units | 2 |
| Bedrooms | 4 |
| Full Baths | 2 |
| Building Area Total | 1,961 |
| Acres | 0.24 |
| Year Built | 1950 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 249 S Mockingbird Lane |
|---|---|
| Subdivision | Scott Hwy Place |
| City | Abilene |
| County | Taylor |
| State | TX |
| Zip Code | 79605-1845 |
Amenities
| Utilities | Alley, Asphalt, Cable Available, City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter |
|---|---|
| Parking Spaces | 6 |
| Garages | Carport, Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available, High Speed Internet Available |
|---|---|
| Heating | Central |
| Fireplace | No |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Composition |
| Construction | Wood |
| Foundation | Pillar/Post/Pier, Slab, Combination |
School Information
| District | Abilene ISD |
|---|---|
| Elementary | Bonham |
| Middle | Madison |
| High | Cooper |
Additional Information
| Net Operation Income | $13,110 |
|---|---|
| Gross Annual Income | $18,600 |
| Gross Annual Expenses | $3,241 |
| Insurance Expense | $2,249 |
| CapitalizationRate | 8.36 |
Unit 1 Details
| Type | 3 Bedroom |
|---|---|
| Rent | $1,000 |
| SqFt | 1,647 |
Unit 2 Details
| Type | Studio |
|---|---|
| Rent | $550 |
| SqFt | 314 |
Listing Details
| Agent | Mitch Barnett |
|---|---|
| Office | Barnett & Hill |