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OWNER FINANCING AVAILABLE! Offered at $299,900 with 10-25% down, an interest rate ranging from 6.5% to 8.5%, and 15- to 25-year term options, subject to seller approval and final negotiated terms. This two-story duplex offers a straightforward opportunity to own a two-unit residential income property in Terrell.Currently both sides are leased at $1300 per mo. Owner Pays water. One side is month to month while the other is leased through February 2027. The building includes 2,040 square feet per public records and two approximately 1,020-square-foot units. Each unit has two bedrooms and one full bath upstairs, plus a spacious living area, dining area, kitchen, laundry connections and half bath downstairs. Both units include covered rear patios and fenced yard space, while four open parking spaces provide convenient off-street parking. The property is served by city water and sewer and sits on a 0.151-acre lot. Buyer and buyer's agent to verify all property information, measurements, rental information, occupancy, expenses and final owner-financing terms.

4 Beds ⋅ 4 Baths ⋅ 21383830 MLS

OWNER FINANCING AVAILABLE! Offered at $299,900 with 10-25% down, an interest rate ranging from 6.5% to 8.5%, and 15- to 25-year term options, subject to seller approval and final negotiated terms. This two-story duplex offers a straightforward opportunity to own a two-unit residential income property in Terrell.Currently both sides are leased at $1300 per mo. Owner Pays water. One side is month to month while the other is leased through February 2027. The building includes 2,040 square feet per public records and two approximately 1,020-square-foot units. Each unit has two bedrooms and one full bath upstairs, plus a spacious living area, dining area, kitchen, laundry connections and half bath downstairs. Both units include covered rear patios and fenced yard space, while four open parking spaces provide convenient off-street parking. The property is served by city water and sewer and sits on a 0.151-acre lot. Buyer and buyer's agent to verify all property information, measurements, rental information, occupancy, expenses and final owner-financing terms.

409 E College St, Terrell

Great investment opportunity in Kemp. This renovated duplex is fully occupied and producing steady rental income. Each side offers 2 bedrooms and 1 bath with modern updates and reliable tenants in place. Unit 1 rent: $1,000 per month Unit 2 rent: $1,135 per month Total gross income: $25,620 annually Net income: $21,630 annually Cap rate: 10.87 percent No HOA This property offers immediate cash flow and is a solid addition to any rental portfolio.

2 Beds ⋅ 1 Baths ⋅ 21259445 MLS ⋅ 107 E 11th Street BLDG.

Great investment opportunity in Kemp. This renovated duplex is fully occupied and producing steady rental income. Each side offers 2 bedrooms and 1 bath with modern updates and reliable tenants in place. Unit 1 rent: $1,000 per month Unit 2 rent: $1,135 per month Total gross income: $25,620 annually Net income: $21,630 annually Cap rate: 10.87 percent No HOA This property offers immediate cash flow and is a solid addition to any rental portfolio.

107 E 11th, Kemp

MOTIVATED SELLER…Well-located two-story residential property currently configured as three separate living areas, each featuring 2 bedrooms and 1 bathroom, central heating and air, and private patio space (two front patios and one rear). The overall layout includes multiple kitchens, a mix of carpet and hardwood flooring, and tile in all bathrooms. The structure sits on a pier-and-beam foundation with vinyl siding and a composition shingle roof (approx. 15 years old). Additional features include concrete and asphalt driveway parking, city sewer service, a single water meter, updated plumbing, and an all-electric setup with no gas appliances. Long-term occupants have been in place for approximately 10 years, and the landlord currently pays all utilities. Property condition reflects normal wear consistent with long-term occupancy. Property is currently configured as three units; however, zoning, use, permits, and occupancy status have not been completed or verified. Buyer to independently verify allowable use, zoning, permitting, and occupancy requirements with the City of Terrell. Property is offered as-is. Property can be converted back to a single-family unit if desired.

6 Beds ⋅ 4 Baths ⋅ 21151671 MLS ⋅ Na BLDG.

MOTIVATED SELLER…Well-located two-story residential property currently configured as three separate living areas, each featuring 2 bedrooms and 1 bathroom, central heating and air, and private patio space (two front patios and one rear). The overall layout includes multiple kitchens, a mix of carpet and hardwood flooring, and tile in all bathrooms. The structure sits on a pier-and-beam foundation with vinyl siding and a composition shingle roof (approx. 15 years old). Additional features include concrete and asphalt driveway parking, city sewer service, a single water meter, updated plumbing, and an all-electric setup with no gas appliances. Long-term occupants have been in place for approximately 10 years, and the landlord currently pays all utilities. Property condition reflects normal wear consistent with long-term occupancy. Property is currently configured as three units; however, zoning, use, permits, and occupancy status have not been completed or verified. Buyer to independently verify allowable use, zoning, permitting, and occupancy requirements with the City of Terrell. Property is offered as-is. Property can be converted back to a single-family unit if desired.

507 W Nash St, Terrell

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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