102 N Cedar St, Celeste, TX, 75423

3beds
2baths
1,932sqft
$325,000
$168price/sqft
$2,379/moest. monthly cost
$95,160/yrincome needed

About This Home

Rare investment opportunity in the growing community of Celeste! This 3-bedroom, 2-bath home offers 1,932 sq ft on an oversized lot just under half an acre, providing multiple income-producing possibilities for investors. Recent updates include fresh exterior paint, new flooring and paint in two bedrooms, a brand-new tankless water heater, and additional improvements throughout. What makes this property truly unique is the additional earning potential with back-to-back lots, creating opportunities for expansion, additional rental potential, future development, or resale opportunities. The large lot configuration offers flexibility that is hard to find in today’s market. Located in an up-and-coming area with new construction and redevelopment nearby, this property is conveniently positioned near schools, shopping, and major highways while still offering small-town charm. Whether you’re looking for a buy-and-hold rental, property investment strategy, or value-add project, this property delivers exceptional upside potential. Property to be sold AS-IS. Sellers are motivated BRING ALL CASH OFFERS! Lot at 103 N Fir St (directly behind) is also available to purchase for even more investment potential. MLS number 21265463

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

5/10
Celeste Elementary SchoolGrades PK-50.6 mi
8/10
8/10
Celeste High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1974

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Double Oven,Electric Oven,Electric Water Heater,Gas Cooktop,Tankless Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Pantry,Walk-In Closet(s)
  • Flooring: Carpet,Luxury Vinyl Plank

Heating & Cooling

  • Heating features: Central,Natural Gas,Other
  • Cooling features: Central Air,Ceiling Fan(s),Electric,Other

Interior Area

  • Total structure area: 1,932
  • Total interior livable area: 1,932 sqft

Property

Details

  • Parcel number: 75370
  • Exclusions: all personal property

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Back Yard,Other,Wire
  • Residential vegetation: Brush

Lot

  • Lot size: 0.37 Acres
  • Features: Many Trees

Parking

  • Total spaces: 4
  • Parking features: Additional Parking,Carport,Detached Carport,Driveway,Garage,Off Street
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2