135 & 125 MITCHELL DR, Spring Branch, TX 78070 | MLS 1519475 | Listing Information | San Antonio Real Estate-SABOR-San Antonio Board Of Realtors®
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135 & 125 MITCHELL DR,  Spring Branch TX, 78070 (Commercial)

Status: Active
MLS#: 1519475
1of
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Last Updated: 5/10/2021 2:28 PM
Description for 135 & 125 MITCHELL DR Spring Branch, TX 78070
Investors Opportunity! 14 plus acres in Spring Branch near Highway 46 with a principal home, additional 19 rental units, and hose barn. Plenty of open space for recreation or further development. The back end of this property sits directly behind Faithville Shopping Center. The property consists of one single family home, 19 rental units which have had a very strong occupancy history, near 100% occupancy level since origination . An investor will have the ability to increase rents immediately on the 19 "month to month" rental units and further increasing income by leasing the principal residence. Gross Income stated is based on current rentals received. The site also offers additional space to built or add more rental units and increase investment profits.
Price
$2,000,000
Comal
1519475
Active
Description
Investors Opportunity! 14 plus acres in Spring Branch near Highway 46 with a principal home, additional 19 rental units, and hose barn. Plenty of open space for recreation or further development. The back end of this property sits directly behind Faithville Shopping Center. The property consists of one single family home, 19 rental units which have had a very strong occupancy history, near 100% occupancy level since origination . An investor will have the ability to increase rents immediately on the 19 "month to month" rental units and further increasing income by leasing the principal residence. Gross Income stated is based on current rentals received. The site also offers additional space to built or add more rental units and increase investment profits.
Listing Information
Property Type: Other, 1 Story
14.3 Acres $0 1975
1 Other
Other
Water
Sewer
Electricity,Water,Telephone,Sewer
20 Total
Neighborhood
School Information
District: Smithville ISD
Room Information
Interior Features
Other
Sale Includes: Buildings,Land
Exterior / Lot Features
50 Parking Spaces, 50
Other
x
MULTIPLE
Not Applicable/None
Driving Directions
From US281 exit E on TX46 - 2.6 miles turn left onto Mitchell Dr. property on the left.
Financial Considerations
$2
Cash,Conventional,Contract for Deed
Listing Price History

Spring Branch Real Estate

Spring Branch is located in Texas. Spring Branch, Texas 78070 has a population of 18,591.

The median household income in Spring Branch, Texas 78070 is $81,384. The median household income for the surrounding county is $72,418 compared to the national median of $57,525. The median age of people living in Spring Branch 78070 is 43 years.

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Courtesy: RE/MAX Signature
This content last refreshed on 5/10/2021 2:28 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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