$275,000

2507 E Adams Avenue, Temple, TX 76501

  • 8 beds |
  • 5 baths |
  • 2,633 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon1.01acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $104/sqft
  • Property List Date Icon Listed 5 days ago

Property 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 fixed 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.

Listing Status:
Active
Date Added:
May 15, 2026
Data Last Updated:
May 21, 2026 at 3:17AM
Listing Office:
Anchor Realty : 254-718-1618
Listing Agent:
Jeremy Ellis : 254-314-0387
MLS ID:
613629
  • General: All Bedrooms DownOtherSee Remarks
  • Appliances: OtherSee Remarks
  • Laundry: Laundry in Utility RoomLaundry Room
  • Flooring: Vinyl
  • A/C: 3+ Units
  • Heating: Multiple Heating Units
  • Fireplace: None
  • General: None
  • Style: Traditional
  • Pool: None
  • Roofing: CompositionShingle
  • General: Wood Siding1Pillar/Post/Pier
  • Road/Access: City Street
  • Originating MLS: CTEXAS_TBBOR
  • School District: Temple ISD
  • County: Bell
  • Zoning: A0014BC M MORENO158-1OB 971 ACRES 1.01414821
  • View: None
  • Fencing: None
  • Utilities: High Speed Internet Available
  • Water: Public
  • Sewer: Aerobic Septic
  • Source: CTEXAS_TBBOR

This listing courtesy of Jeremy Ellis , Anchor Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location