Single Tenant to 3-23-2019 at $3,383 per month. Tenant wants to renew. Historic Preibisch Building built in 1887. Main Street Historic District. Restored and updated. New bathrooms, electrical, wrought iron fence, privacy fence. 3,333 HVAC SF, 504 SF porches, 2,749 SF lawn. 8.9% CAP, $39,106 Net Operating Income, $10,452 Cash Flow, 28.0% Year 1 Cash on Cash. 6.3% projected Downtown annual property value increases. 1.5 MI to 1-10. Great visibility from TX-36. Large signage. 197.7 feet frontage. 3% Buyer Broker Commission.
3% BUYER BROKER FEE
Only requirements for full commission are: #1 Texas real estate broker license; and #2 Submit contract that escrows, closes, funds.
LEGAL & TAXES FROM AUSTIN COUNTY APPRAISAL DISTRICT (ACAD)
Legal: SEALY TOWNSITE BLOCK 32 LOT 9 & 10 (ALL OF LOT 9 AND PART OF LOT 10)
PIDN: R000018431
3,372 SF HVAC:
First floor: 2,720
Second floor: 612
Land: 0.13...
Land: 0.1367 acres / 5,954 SF / 0.055 hectares / 553.2 m2
197.75 frontage from survey:
153.50 on Main ST
44.25 on Fowlkes
2016 tax value: $265,360
2016 taxes: $6,424.03
Exemptions: None
2016 tax rate: 2.420874
WHO LIVES IN AUSTIN COUNTY?
The Great Outdoors 20%
Middleburg 14%
Southern Satellites -13%
Heartland Communities 10%
Comfortable Empty Nesters 9%
Diners & Miners 7%
Green Acres 7%
Midlife Constants -7%
Others 14%
DIRECTIONS
1.5 MI from I-10-W Exit 720 from Houston via Meyer ST
Travel West at Exit 720 to Meyer ST 0.3 M
Turn left (N) on Meyer ST/TX-36 1.1 mi
Turn right (E) on Main ST 148 feet
On left with sign
1.7 MI from I-10-E Exit 719 from San Antonio via Meyer ST
Travel east at Exit 720 to Meyer St 0.5 mi
Turn left (N) on Meyer ST/TX-36 1.2 mi
Turn right (E) on Main ST 148 feet
On left with sign
About Southwest Partners | Global Partners International Realty (SWPRE)
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