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218 NW I Ave, Fabens, TX, 79838

9beds
4baths
3,540sqft
$194,950
$55price/sqft
$1,980/moest. monthly cost
$79,200/yrincome needed

About This Home

Investment Opportunity in Fabens, TX! This affordable quadruplex offers a rare chance to stop paying rent and start investing smart. This multi-unit property features four units, ALL UNITS currently rented, providing immediate rental income from day one. This property presents a strong opportunity to offset your mortgage with rental revenue. Ideal for first-time investors, or anyone looking to build long-term wealth or expand their investment portfolio. Conveniently located in Fabens with easy access to surrounding areas.

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

7/10
3/10
Fabens Middle SchoolGrades 6-80.7 mi
3/10
Fabens High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1977

Materials

  • Roof: Metal,Mixed
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: See Remarks,Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 4

Heating

  • Heating features: See Remarks

Interior Area

  • Total structure area: 3,540
  • Total interior livable area: 3,540 sqft

Property

Details

  • Parcel number: P27700004800700
  • Zoning: R1
  • Special condition: Lead Paint Hazard,Owner Agent

Lot

  • Lot size: 6,098 sqft

Parking

  • Parking features: On Street,Unassigned,Unpaved
  • Has uncovered spaces: Yes