|
MLS
# 132390
|
 |
THREE INVESTMENT
HOUSES These quality houses are designed as vacation rental houses and have been successfully rented on a short-term basis to visitors to the Hill Country for the past 16 years by a property management company, Scenic River Properties, the current owner. Houses were constructed in 1990 and rebuilt in 2003. |
|
| The houses
are fully furnished and are sitting on a wooded 0.56 acre site with 247
feet of river frontage. Description of Houses
Plot
plan |
||
| Legal Description:
Lot 1R, Lot 2R, and Lot 3R Scenic River Properties, Unit 2, Comal County,
Texas |
||
| The houses are located between Canyon Lake and New Braunfels at 12651 River Road between the 3rd and 4th crossing. Map & Directions | ||
| House # 1 | House # 2 | House # 3 |
| "Rock Island Line" | "City of New Orleans" | "Wabash Cannonball" |
| 4 Bedrooms, 2 Baths | 4 Bedrooms, 2 Baths | 3 Bedrooms, 2 Baths |
| 1579 Sq. Ft. | 1755 Sq. Ft. | 1230 Sq. Ft. |
| Floor Plan | Floor Plan | |
| Slide Show | Slide Show | Slide Show |
| Rental Rate | Rental Rate | Rental Rate |
|
APPRAISAL
HISTORY OF 3 INVESTMENT HOUSES
|
|||||
|
1992
|
1994
|
1998
|
2002
|
2006
|
|
| HOUSE # 1 |
$
88,000
|
$
100,000
|
$
153,000
|
$
210,000
|
$
290,000
|
| HOUSE # 2 |
$
85,000
|
$
100,000
|
$
151,000
|
$
218,000
|
$
300,000
|
| HOUSE # 3 |
$
91,000
|
$
94,000
|
$
147,000
|
$
192,000
|
$
275,000
|
|
-----------
|
-----------
|
-----------
|
-----------
|
-----------
|
|
| TOTAL |
$
264,000
|
$
294,000
|
$
451,000
|
$
620,000
|
$
865,000
|
| Appraised Value of Houses & Site on May 2, 2006: $ 865,000 |
Selling Price:
$ 865,000
|
| Selling Price of Furnishings: $ 30,000 |
Earnest Money:
$ 25,000
|
| Upon payment of earnest money, potential buyer is permitted to view financial records of houses. If the financial records are not satisfactory to potential buyer, then buyer can void the earnest money contract and the earnest money is returned. | |
To print this page, set your margins to 0.5 for Left, Right, Top, and Bottom.
| Copyright
© 2001 scenicriverprop.com All Rights Reserved |