$397,000
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3 Beds
2 Baths
1,569 SqFt
SOLD DATE : 08/04/2023
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,569 sqft
Price per Sqft $247
Subdivision Kissing Tree Cottages Condo
MLS Listing ID 1805337
Sold Date 08/04/23
Style Single level Floor Plan
Bedrooms 3
Full Baths 2
HOA Fees $412/mo
Originating Board actris
Year Built 2020
Annual Tax Amount $8,215
Tax Year 2022
Lot Size 435 Sqft
Property Description
EXCELLENT INVESTMENT OPPORTUNITY! Time to take advantage of the brisk vibrant rental market in 55+ Active Adult community, Kissing Tree. At $397K, and a typical $2,800/month rent, this spacious and super clean 2BR/2BA/Study will provide the clever investor with positive cash flow and ROI notwithstanding debt service. Plus historical market values of homes in Kissing Tree have continued to appreciate substantially. Most new home buyers in Kissing Tree are looking for a nice home to rent during the 10-15 month build cycle and available rentals are few and far between. Price has been reduced by $62,000 to sell. This unfurnished move-in ready cottage is ideally situated. It also has a rare side-entry oversized garage accommodating 2 cars and a golf cart. KT’s favorite gathering spot, The Mix, is a 2-minute walk or golf cart ride away. And when you’re ready to travel, the yard is maintained and the home secure. Note: Kissing Tree covenants require one of the renters to be age 55 or over. Minimum lease term is 6 months, requires approval by the HOA and a small fee applies.
Location
State TX
County Hays
Rooms
Main Level Bedrooms 3
Interior
Interior Features Ceiling Fan(s), Tray Ceiling(s), Granite Counters, Double Vanity, Electric Dryer Hookup, High Speed Internet, Kitchen Island, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Walk-In Closet(s), Washer Hookup
Heating Central, Natural Gas
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Tile
Fireplace Y
Appliance Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Stainless Steel Appliance(s), Tankless Water Heater, Water Softener Owned
Exterior
Exterior Feature Gutters Partial
Garage Spaces 2.0
Fence Back Yard, Wrought Iron
Pool None
Community Features Clubhouse, Cluster Mailbox, Common Grounds, Conference/Meeting Room, Controlled Access, Dog Park, Fitness Center, Gated, Golf, High Speed Internet, Hot Tub, Lock and Leave, Maintenance On-Site, Planned Social Activities, Pool, Putting Green, Hot Tub, Sport Court(s)/Facility, Trash Pickup - Door to Door, Underground Utilities
Utilities Available Cable Available, Electricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Waterfront Description None
View Neighborhood
Roof Type Asphalt, Composition
Accessibility None
Porch Covered, Deck
Total Parking Spaces 2
Private Pool No
Building
Lot Description Close to Clubhouse, Landscaped
Faces West
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type HardiPlank Type, Blown-In Insulation, Spray Foam Insulation, Stone Veneer
New Construction No
Schools
Elementary Schools Hernandez
Middle Schools Doris Miller
High Schools San Marcos
Others
HOA Fee Include Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Security, Water
Restrictions Adult 55+,Deed Restrictions
Ownership Fee-Simple
Acceptable Financing Cash, Conventional
Tax Rate 2.05
Listing Terms Cash, Conventional
Special Listing Condition Real Estate Owned
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