83 Roots Rd, Martindale, TX, 78655

Location

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83 Roots Rd, Martindale$875,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeQuadruplex

ParkingOutside, See Remarks, Varies by Unit

Garage6 spaces

Year Built1972

HeatingOther

CoolingCeiling Fan(s), Other

ViewPond, Rural

MLS #7572048

Lot Size3.00 Acres

StatusActive

About 83 Roots Rd

Rare turn key investment property! Income producing mobile home park for sale: total of three acres with 6 units. With no restriction or zoning, this 100% occupied property is at 7.5% Cap Rate! This low maintenance cash flow property is located minutes away from Toll 130 & IH-35 and nearby big franchises. Surveys for each parcel available. Even with gross income of $8294 monthly, there's room for higher income to meet the market!

Property Details

Property Features

Property Information:

Year Built: 1972
Stories: 1
Living Area: 2,788 SqFt

Listing Office:

Office Name: Land Up Realty & Investments
Office Phone: (512) 655-2807
Listing Agent: Neha Rabbani

Interior Features

Interior Information:

Appliances: Electric Water Heater
Flooring Type: Laminate
Interior: Ceiling Fan(s), Main Level Primary, Open Floorplan

Exterior Features

Exterior Information:

View: Pond, Rural
Exterior: Private Yard, See Remarks

Parking Information:

Garage Space: 6 spaces
Parking: Outside, See Remarks, Varies by Unit

Lot Features

Lot Information:

Lot: Cleared, Open Lot, Few Trees
Lot Size: 3.00 Acres

Utilities

Utilities Information:

Heating: Other
Cooling: Ceiling Fan(s), Other

School Info

Assigned Schools Information:

San Marcos High School, Public District Grades 9-12
Goodnight Middle School, Public District Grades 6-8
Dezavala Elementary School, Public District Grades KG-5

Other

Directions Information:

Directions: From I35S, turn left onto TX-80S/E Hopkins St. Turn left onto W Ridge Rd then onto Ridge Loop. Turn left onto Roots Rd.

Price Information

Listing Price Info

Price Summary:

List Price: $875,000
Price Per SqFt: $314/SqFt

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Housing Market Comparison

See how this home compares to others in Martindale, TX.

Martindale, TX

City

Med. List Price

$417.5K

Med. Price/SqFt

$260

Avg. Days On Market

195

83 Roots Rd vs Martindale

515 DAYS ON ROCKET

+320 Days

$875,000

+$457.5K More

$314/SqFt

+$54 More

KEY TAKEAWAY

This property is $457.5K more than the Median List Price and $54/SqFt more than other homes in Martindale, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

MLS Name: ACTRIS
MLS Number: #7572048

Listing Office:

Office Name: Land Up Realty & Investments
Office Phone: (512) 655-2807
Listing Agent: Neha Rabbani

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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Last updated on: 11/5/2024, 2:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

/10

Dezavala Elementary School
600 Fm 621 Dezavala Dr
Distance between this listing and this school7.87 miles
Public District Grades KG-5

Middle School

/10

Goodnight Middle School
1301 N State Highway 123
Distance between this listing and this school8.10 miles
Public District Grades 6-8

High School

/10

San Marcos High School
2601 Rattler Rd
Distance between this listing and this school8.93 miles
Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

33%

<35k

46%

35k-100k

20%

100k-200k

200k+

What level of education do the neighbors have?

High School: 55%
Post Secondary: 39%
Masters: 6%
Doctorate: 1%

What types of families live nearby?

37%

Single, No Kids

14%

Single, with Kids

25%

Married, No Kids

24%

Married, with Kids

Are the neighbors home owners or renters?

Home Owners: 66%
Renters: 34%

How old are people in this area?

18%

<11 yrs old

12-17 yrs old

23%

18-34 yrs old

41%

35-64 yrs old

10%

65+ yrs old

What do the neighbors do for fun?

Hunting
Monster Trucks
NASCAR

Where do the neighbors shop?

Wal-Mart
Academy Sports & Outdoors
Dollar General

Where do the neighbors go to eat?

Hardee's
Jimmy Johns
Applebees

What do the neighbors drive?

Ram
Chevrolet
GMC

What do the neighbors listen to?

Classic Country
Country
New Country

The neighbors living near this home have an average income of $57,851. Typical income of Martindale, TX residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Caldwell County›Martindale›78655›83 Roots Rd

This home is located at 83 Roots Rd in Martindale, TX and zip code 78655. This 2,788 square foot home, which was built in 1972, sits on a 3.00 acre lot. It has been listed on Rocket Homes since June 09, 2023 and is currently priced at $875,000.

The inventory of homes for sale in Martindale, TX between September 2024 and October 2024 decreased by 11.1%. In October 2024, listings were on the market for 195 days. During the same period, the median list price in this real estate market was $417,500.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Lot Features

Utilities

School Info

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

More Resources

Homes For Sale in Nearby Cities

Housing Market Reports in Caldwell County