1502 Claremont Cir - Apartments FOR SALE


Marble Falls, TX 78654
$380,000 USD
512-557-5774
1502 Claremont Cir, Marble Falls, TX for Sale
$380,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

1502 Claremont Cir
Marble Falls, TX 78654


HIGHLIGHTS

  • Well-maintained two-story duplex featuring 3 bedrooms and 2.5 baths per unit, each with a one-car garage and additional parking.
  • Prime location in Marble Falls near H-E-B, Home Depot, healthcare, and local shopping, less than a mile away.
  • Investment-ready with one side leased at $1,495/month on an annual lease and the other side fully remodeled and vacant.
  • Brand new roof installed in May 2024, providing immediate value and reduced future maintenance costs.
  • Just 5 miles from Lake LBJ and minutes from Lake Marble Falls, offering recreation and tourism-driven rental appeal.
  • Strong local community with excellent schools, nearby wineries, festivals, and outdoor amenities in the Texas Hill Country.

OVERVIEW

Amazing investment opportunity in growing city of Marble Falls, Texas! Currently, rented with 2 tenants, 1 month to month lease, 1 annual lease. (See agent remarks for details) Situated in the heart of Marble Falls with close proximity to shopping, amenities and healthcare. Home Depot and HEB Grocery less than a mile away. In addition, the unit is 5 miles from Lake LBJ and only a few miles from Lake Marble Falls. This would be a great Owner Occupied investment property or partnership opportunity as expansion of a current portfolio. Nestled in the back of the neighborhood in a Cul De Sac, this well-maintained, 2-story duplex includes 3 bedrooms & 2.5 baths on each side with additional parking outside of the 1 car garage. Brand new roof added in May 2024. There is so much to offer in the local Highland Lakes area from fishing, water sports, award winning wineries, area music festivals, boutique shopping, as well as great community centers and ways to volunteer at local schools, food pantries and churches. Marble Falls is a wonderful place to live and raise a family with excellent schools in MFISD, Faith Academy, Lola & One Day Academy. Whether purchasing for investment, portfolio expansion or personal living, this opportunity will not last very long. Similar unit under contract in less than 25 days. Don't hesitate to stake your claim in the Texas Hill Country today! One side occupied at $1495 per month for 1 year lease. Other side vacant and recently remodeled with new flooring, paint, lighting and blinds.

FOR SALE DETAILS

PRICE

$380,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

2

PRICE/UNIT

$190,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

69241

ASK ABOUT THIS PROPERTY

Matthew ButterColeman Team RealtyMore Info
512-557-5774

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Matthew ButterColeman Team RealtyMore Info
512-557-5774

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.