314 W 3rd St - Multi-Family FOR SALE


Taylor, TX 76574
$549,000 USD
512-497-3967
314 W 3rd St, Taylor, TX for Sale
$549,000 USD
Multi-Family - FOR SALE
1/49
null | Request Cap Rate

314 W 3rd St
Taylor, TX 76574


HIGHLIGHTS

  • Central Location
  • Ideal for Corporate Housing
  • Downtown Taylor Location
  • On-site Parking

OVERVIEW

This meticulously maintained dual-property compound at 312 and 314 West 3rd Street presents a versatile investment opportunity in a prime location. Currently operated as a vacation rental, these two residential assets are being offered together as a turnkey package. Both properties have been thoughtfully updated to provide modern efficiency while preserving their classic character, making them an ideal acquisition for a short-term rental portfolio, a multi-generational estate, or a unique corporate housing solution. The interiors of both residences feature expansive ten foot ceilings and a sophisticated blend of original long-leaf pine and tile flooring. The kitchens and bathrooms are equipped with upgraded soft-close cabinetry, ensuring a high-quality experience for owners and guests alike. For added value and convenience, both homes are being sold fully furnished. Operational efficiency is a hallmark of this compound. Each home is outfitted with tankless on-demand hot water systems, and 314 West 3rd includes solar-shield roof decking to optimize energy performance. The exterior features a unique "connected" layout with a custom patio walkway and large wooden gates that allow the private cedar-fenced yards to function as a single massive compound or two separate lots. Infrastructure and storage are well-addressed with a detached one-car garage at 312 West 3rd and a heavy-duty Tuff-Shed at 314 West 3rd. This rare offering provides the flexibility to live in one home while generating income from the other, or to manage both as a premier hospitality asset.

FOR SALE DETAILS

PRICE

$549,000 USD

PRICE/SF

$286 USD /SF

# OF UNITS

2

PRICE/UNIT

$274,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

312 & 314 W 3rd Street, Taylor

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

P5

APN/PARCEL ID

R015034

ASK ABOUT THIS PROPERTY

Julie DownsTierra Grande RealtyMore Info
512-497-3967

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Julie DownsTierra Grande RealtyMore Info
512-497-3967

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