6430 E US Highway 84, Gatesville, TX 76528

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List Price
$437,500
Status
ACTIVE
MLS#
612162
Days on Market
165
Living Area
2,608

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

Year Built
1965
Interior Features
Other, See Remarks
Roof
Mixed
Appliances
Other, See Remarks
View
None
School District
Gatesville ISD
Sewer
Not Connected (at lot), Public Sewer
Stories
1
Street Name
E US Highway 84
Street Number
6430
Neighborhood
J B Smith
Water
Community/Coop
Acres
2.77
County
Coryell
Foundation
Other, See Remarks
Heating
Central, Electric, Fireplace(s)

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Calculator source: Real Geeks

Listing courtesy of Shelley Herring from Tejas Real Estate

Information obtained from TXSMABOR is current as of . Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.