Active

2507 E Adams Avenue

Temple, TX 76501

$275,000 $1,159/Mo

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Overview

Bed

Bath

2,633

Sqft

1.01

Acres(Lot)

Description

Investor opportunity! Rare chance to own 3 dwellings on 1 acre — nearly impossible to find at this price point. Each home has its own septic system, and all roofs are approximately 3–4 years old. Property Features – 3 Dwellings • Dwelling 1: 816 sqft, 3 bed / 1 bath • Dwelling 2: 704 sqft, 2 bed / 1 bath • Dwelling 3: 1,113 sqft, 3 bed / 2 bath All three units are currently rented with leases in place, making this a true turnkey cash-flowing asset for investors looking to park cash and generate immediate income. Current rents: • Dwelling 1: $950/mo • Dwelling 2: $900/mo • Dwelling 3: $1,100/mo Total monthly income: $2,950/mo | Annual gross income: $35,400/year At approximately $275,000 with a minimum 20% down conventional investment loan at 7% interest on a 30-year fix ed rate, estimated principal and interest payment is approximately $1,465/mo before taxes and insurance. This property offers an impressive approximately 12.9% gross cap rate with rents producing roughly double the estimated principal and interest payment, creating exceptional cash flow potential from day one. Properties with 3 dwellings on 1 acre at this price are extremely hard to come by. Great opportunity for investors looking to expand their portfolio with an income-producing property.

Property Details

Property Type : Residential

Price : $275,000

AD Id : 78721249

MLS Id : 613629

Beds : 8

Lot Size : 1.01 Acres

Living Area Size : 2,633

Year Built : 1923

County : Bell

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Total Baths: 5 Full Baths: 5

Roofing Information

Composition, Shingle

Flooring Information

Vinyl
Interior Features

AllBedroomsDown, Other, SeeRemarks

Roof: Composition, Shingle

Appliances: Other, SeeRemarks

Laundry Features: LaundryInUtilityRoom, LaundryRoom
Heating & Cooling

Has Heating: Yes Heating: MultipleHeatingUnits Has Cooling: Yes Cooling: ThreeOrMoreUnits

Building Information

Year Built: 1923

Construction Materials: WoodSiding

Stories: 1

Pool Features: None

Private Pool: No

View: None
Exterior Features

Exterior Features: None

Lot Information

Lot Size Acres: 1.014

Listing Price Information

Listing Price: $275000

Original Price: $80000

Cash, Conventional

Tax Information

Parcel Number: 14821 Tax Legal Desc: A0014BC M MORENO, 158-1, OB 971 ACRES 1.014

Utility Information

HighSpeedInternetAvailable
Location Information

Direction: Go down E adamns and take a right at N 50th WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
14308 Fm 2904, Temple, TX, 76501	$795,000	3	4	2,726	2,726 SqFt
310 Hruskaville Road, Temple, TX, 76501	$799,900	3	2	2,790	2,790 SqFt
310 Hruskaville Road, Temple, TX, 76501	$587,900	3	2	2,790	2,790 SqFt
310 Hruskaville Road, Temple, TX, 76501	$587,900	3	2	2,790	2,790 SqFt
4158 Creek Road, Temple, TX, 76501	$725,000	3	4	2,800	2,800 SqFt
8161 Evenfall Lane, Temple, TX, 76501	$699,000	4	3	2,565	2,565 SqFt
2987 Berger Road, Temple, TX, 76501	$775,000	3	3	2,332	2,332 SqFt
3385 Cottonwood Creek R.., Temple, TX, 76501	$585,000	3	2	1,476	1,476 SqFt
3779 White Owl Lane #150, Temple, TX, 76501	$385,000	3	3	2,604	2,604 SqFt
3891 State Highway 53, Temple, TX, 76501	$674,900	4	3	3,240	3,240 SqFt

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The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the Central Texas MLS®. IDX information 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. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2026 Central Texas MLS®. All rights reserved.

ByOwner last updated this listing 06/04/2026 @ 13:49

MLS: 613629 LISTED BY: Jeremy Ellis, Anchor Realty 254-718-1618 SOURCE: CTEXAS